# Baha Mar

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> Source: https://en.wikipedia.org/wiki/Baha_Mar
> Source revision: 1337472245
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{{Short description|Hotel and casino in The Bahamas}}
{{Infobox casino
| name                = Baha Mar
| logo                = Baha Mar Logo.svg 
| image               = Baha Mar Resort located in Nassau, Bahamas.jpg
|image_size =220px
| image_caption = The Baha Mar resort
| pushpin_map         = 
| pushpin_mapsize     = 
| coordinates         =
| location            = [Nassau](/source/Nassau%2C_Bahamas), [Bahamas](/source/Bahamas) 
| address             =
| date_opened         = 
| rooms               = 2,200
| space_gaming        = {{convert|100000|sqft|abbr=on}}
| shows               = 
| attractions         =
| notable_restaurants =
| casino_type         = Land-based
| owner               = [Chow Tai Fook Enterprises](/source/Chow_Tai_Fook_Enterprises)
| license_holder      = <!-- Use only if different than owner~ -->
| developer = 
| architect           =
| names_pre           =
| renovations         = 
| website             = {{URL|bahamar.com/}}
}}
'''Baha Mar''' is a {{cvt|1,000|acre|adj=on}} resort complex on the island of [New Providence](/source/New_Providence) in [The Bahamas](/source/The_Bahamas). Owned by [Hong Kong](/source/Hong_Kong)–based [Chow Tai Fook Enterprises](/source/Chow_Tai_Fook_Enterprises), the establishment opened in April 2017.<ref>{{Cite news|url=https://www.nytimes.com/2017/04/17/travel/bahamas-baha-mar-resort-nassau-hotel-casino-opening.html|title=In the Bahamas, a Long-Awaited Opening for Baha Mar Resort|last=Vora|first=Shivani|date=2017-04-17|work=The New York Times|access-date=2017-10-24|language=en-US|issn=0362-4331}}</ref> The amenities include three hotels (a [Grand Hyatt](/source/Grand_Hyatt), [SLS Baha Mar](/source/sbe_Entertainment_Group), and the [Rosewood](/source/Rosewood_Hotels_%26_Resorts)) with a total of 2,200 rooms, 284 private residences, a {{convert|100000|sqft|adj=on}} casino, a {{convert|30000|sqft|adj=on}} spa, and a [Tournament Players Club](/source/Tournament_Players_Club) golf course designed by [Jack Nicklaus](/source/Jack_Nicklaus).<ref>{{cite news|title=Bahamian resort on fast forward|newspaper=Las Vegas Review-Journal|author=Howard Stutz|date=2 January 2013|url=http://www.lvrj.com/business/bahamian-resort-on-fast-forward-185399591.html|access-date=2012-01-02}}</ref>

On 30 March 2010, a local Bahamas-based investor and the government announced an agreement on the redevelopment of the resort to help revitalize [Cable Beach](/source/Cable_Beach%2C_Bahamas), the most popular beachfront destination on New Providence Island. The project would subsequently be joined by other investors, which led to it being financed by [China Exim Bank](/source/China_Exim_Bank), while construction would be performed by [China Construction America](/source/China_Construction_America) and would be using 70% Chinese labor brought in from mainland China.<ref>{{cite web|title=Baha Mar Signs $2.6B Deal (2010) |work=The Bahama Journal |date=2010-03-31 |url=http://www.jonesbahamas.com/news/45/ARTICLE/21535/2010-03-31.html |url-status=dead |archive-url=https://web.archive.org/web/20110713120436/http://www.jonesbahamas.com/news/45/ARTICLE/21535/2010-03-31.html |archive-date=July 13, 2011 }}</ref> Groundbreaking for the redevelopment took place on 21 February 2011 with the resort opening expected on 27 March 2015.<ref>{{cite web | title = Baha Mar groundbreaking to get $2.6bn project under way | work = Bahamas Tribune | date = 2011-02-21 | url = http://www.tribune242.com/02212011_baha-mar_news_pg1|archive-url=https://web.archive.org/web/20110224200631/http://www.tribune242.com/02212011_baha-mar_news_pg1|archive-date=2011-02-24|access-date=2016-02-12|url-status=dead}}</ref> The whole project would eventually cost around US$4 billion.<ref>{{cite web | title = Luxury Resort Baha Mar | date = 2013-03-15 | url = http://www.moebel.de/garten/swimmingpools/magazin-baha-mar-die-groesste-und-luxurioeseste-resort-baustelle-in-der-westlichen-hemisphaere-8798419636188}}</ref><ref>{{cite news|title=Baha Mar names former Las Vegas Sands team to manage hotel, casino|newspaper=Caribbean Journal|date=May 23, 2013|url=http://www.caribjournal.com/2013/05/23/baha-mar-names-former-las-vegas-sands-team-to-manage-hotel-casino/|access-date=2013-05-23}}</ref> By April 2016, construction was halted for nearly a year with the resort 97% complete<ref name="stalled">{{cite news|url=http://www.miamiherald.com/news/business/international-business/article71226497.html|title=When will stalled Bahamian mega-resort project Baha Mar be completed?|publisher=Miami Herald|date=April 11, 2016|author=Mimi Whitefield}}</ref> following the original investor's [Chapter 11](/source/Chapter_11) bankruptcy filed in 2015 in a Delaware court (sidestepping Bahamas jurisdiction) but dismissed in September. A Bahamian judge subsequently put provisional liquidators in charge.<ref>{{cite web|url=https://www.bloomberg.com/news/articles/2016-01-04/the-ghosts-of-baha-mar-how-a-3-5-billion-paradise-went-bust|title=The Ghosts of Baha Mar: How a $3.5 Billion Paradise Went Bust|author=John Lippert,Dawn McCarty|date=4 January 2016|work=Bloomberg.com}}</ref>

In December 2016, Chow Tai Fook agreed to buy Baha Mar from the Exim Bank.<ref>{{cite news|title=PM confirms Baha Mar sale to Chow Tai Fook Enterprises|newspaper=Bahamas Tribune|author1=Ava Turnquest|author2=Khrisna Virgil|date=December 12, 2016|url=http://www.tribune242.com/news/2016/dec/12/pm-confirms-sale-baha-mar-chow-tai-fook-enterprise/|access-date=2018-06-05}}</ref><ref>{{cite press release|title=Chow Tai Fook Enterprises Limited to own and operate Baha Mar Resort|publisher=Chow Tai Fook Enterprises|date=December 12, 2016|url=https://www.prnewswire.com/news-releases/chow-tai-fook-enterprises-limited-to-own-and-operate-baha-mar-resort-300376628.html|access-date=2018-06-05|via=PR Newswire}}</ref> Chow Tai Fook assumed management of the property in March 2017, and completed its purchase in December 2017.<ref>{{cite news|title=Baha Mar is 'handed over'|newspaper=Bahamas Tribune|author=Khrisna Virgil|date=March 22, 2017|url=http://www.tribune242.com/news/2017/mar/22/baha-mar-handed-over/|access-date=2018-06-05}}</ref><ref>{{cite news|title=Baha Mar sale meets December 1st deadline|newspaper=Bahamas Tribune|author=Neil Hartnell|date=December 5, 2017|url=http://www.tribune242.com/news/2017/dec/05/baha-mar-sale-meets-december-1st-deadline/|access-date=2018-06-05}}</ref>

The resort initially opened with only one hotel, the Grand Hyatt. The SLS opened in November 2017, followed by the Rosewood in June 2018.<ref>{{cite news|title=Baha Mar, the largest casino and hotel complex in the Caribbean, is open|newspaper=CNBC|author=Nancy Trejos|date=May 29, 2018|url=https://www.cnbc.com/2018/05/29/baha-mar-the-largest-casino-and-hotel-complex-in-the-caribbean-is-open.html|access-date=2018-06-05}}</ref><ref>{{cite news|title=Rosewood hotel opens at Baha Mar|newspaper=Travel Weekly|author=Jamie Biesiada|date=June 1, 2018|url=http://www.travelweekly.com/Travel-News/Hotel-News/Rosewood-hotel-opens-at-Baha-Mar|access-date=2018-06-05}}</ref>

==See also==

*[List of integrated resorts](/source/List_of_integrated_resorts)

== References ==
{{Reflist}}

{{Coord|25|4|24|N|77|23|52|W|type:landmark|display=title}}

Category:Casinos in the Bahamas
Category:Resorts in the Bahamas
Category:Golf clubs and courses in the Bahamas
Category:Hotels in Nassau, Bahamas
Category:Casino hotels in the Bahamas
Category:Companies that filed for Chapter 11 bankruptcy in 2015

{{Bahamas-struct-stub}}
Category:Hyatt Hotels and Resorts

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Adapted from the Wikipedia article [Baha Mar](https://en.wikipedia.org/wiki/Baha_Mar) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Baha_Mar?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.