Search results for : holding
Montana Holdings, Little Family Settle Differences over Sumner Point Marina, Rum Cay Economy to Benefit
November 05, 2009
Montana Holdings, Little Family Settle Differences over Sumner Point Marina, Rum Cay Economy to Benefit
Declaring that the survival of Rum Cay was more important than individual needs, the two parties who had been disputing the ownership and operation of the remote island?s main source of income, Sumner Point Marina, announced today they would work together for what they agreed is ?the betterment of the entire island.?
Rum Cay Project Stalled
September 19, 2008
Rum Cay Project Stalled
Work on the much-touted $700 million Rum Cay Resort Marina supposedly being developed by Montana Holdings on remote Rum Cay in the southern Bahamas has stalled completely, leaving a gaping hole in the island?s economy, and leading to migration away from home once again for many who had returned in anticipation of work.
Rum Cay project in $12 million land wrangle
September 26, 2009
Rum Cay project in $12 million land wrangle
Plans for a $12 million Rum Cay marina centered around neighboring Sumner Point land may have washed away with the economy, with the owners of the land now seeking to reacquire that land from the development company ? citing defaults on the purchasing agreement.
Rum Cay developer: Upturn in 12 months
September 18, 2009
Rum Cay developer: Upturn in 12 months
Despite slow sales, the head of the Rum Cay Resorts project is confirming intentions to forge ahead with its second-home component ? pointing to signs of a nationwide development turnaround within the next 12 months.
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