Lawyers sue failed resort developer
Ltd. -- the resort developer that once promised a $250 million project at the former US Naval Annex in Southampton -- on their own behalf.
The law firm filed a writ against Renaissance Resorts last week.
Yesterday, the attorney handling the case on behalf of the firm, Tim Fellowes refused to comment.
Four years ago, in March 1997, Renaissance Resorts won the bid to develop the former US Naval Annex.
At that time the developer promised to bring hundreds of jobs to Bermuda with the project, which was to include a championship golf course designed by Jack Nicklaus, a marina, and a cottage colony.
Upon winning the bid the company said it expected the project would lead to 350-plus jobs in the long-term.
Milligan, Whyte & Smith was the law firm associated with the project which also included five local partners -- Arthur Morris, James Pearman, Robert Tucker, David Hamshere and Geoffrey Dodsworth.
Renaissance Resorts formed a local company -- Morgan's Harbour Investment Ltd.
-- to oversee the development.
The plan to develop the site first lost momentum when Belgian company Tractebel Development pulled out roughly six months after Renaissance won the bid. Tractebel was to have responsibility for the construction of the site.
The Bermuda National Trust also opposed the development on the grounds that a full study of possible environmental effects of the project had not been conducted.
Two years later, in the summer of 1999, the entire deal collapsed after the group failed to come to an agreement with Government on the details of the project, including housing units and environmental clean-up of the 250-acre site.