After years of stalled plans to redevelop the defunct 9 Beaches resort, the Bermuda Land Development Company is preparing to seize the property off its tenant.

Francis Mussenden, chief executive officer of the BLDC, said the quango had “exhausted all other options and is disappointed that we have had to resort to this, but we have been left with no other choice”.

The deteriorating development at Daniel’s Head in Sandys was leased to IRC Sandys six years ago with plans for an $80 million revamp. However, MPs heard in February from Craig Cannonier, the Minister of Public Works, that the BLDC was instead owed $2.283 million.

Mr Mussenden told The Royal Gazette that in the aftermath of the agreement being terminated last year, the courts found in BLDC’s favour to receive judgment for unpaid rent.

“The judge also ruled on December 22, 2015, that IRC Sandys Limited must vacate the land,” he added.

This Friday the provost marshall, under a court ruling, “will attempt to evict the tenant from the land as they have refused to vacate it following judgment”.

Mr Mussenden added that the BLDC planned to put the property on the market “as soon as possible”.

David Dodwell, who has a less than 1 per cent holding in IRC Sandys Ltd, last night chose not to comment on the matter.

The hotelier is also chairman of the Bermuda Tourism Authority.

It was originally hoped for work at 9 Beaches to break ground late in 2011 but the project persistently struggled to secure financing.

The ecologically friendly resort shut down in 2010 but is not deserted, with one tenant contacting us last night to say that she was still paying rent on a premises at 9 Beaches — and feared eviction now that a notice had been posted on the site.