Developers target vertical build start

Tue, Dec 28th 2010, 10:00 PM

By ALISON LOWE
Business Reporter

alowe@tribunemedia.net

Developers of the multi-million dollar Schooner Bay community on Abaco intend to begin construction on residential and commercial buildings in the New Year, with expectations of employing an additional 40-60 construction workers by 2011 year-end

Forty-five lots have been sold in the Great Abaco Island development over the last year-and-a-half, with 80 per cent of these sold to Bahamians "or people who call the Bahamas home", James Malcolm, marketing director for developer, the Lindroth Development Company, told Tribune Business yesterday.

With lots in the 220-acre development valued between $100,000 and over $1 million, most p ...

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