By NEIL HARTNELL

Tribune Business Editor

NEW PROVIDENCE DEVELOPMENT COMPANY yesterday said it had received "commitments for 100 per cent of the retail and service space" in the Old Fort Bay Town Centre's first phase. The project is set to generate 200 full-time jobs when the first two phases are completed.

Marcus Grammatico, the developer's vice-president of finance and secretary, told Tribune Business that some $23 million of the $30 million construction budget had been spent to date, with between 100-120 construction workers on-site on any one day.

Explaining that the remaining $7 million would be required to complete the "site and infrastructure" for the Old Fort ...

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