Bids to develop east end wharf received
Eight proposals are being considered for the redevelopment of Marginal Wharf in St David's.
The Bermuda Land Development Company (BLDC) received 24 requests for information packages from interested parties, yet only eight official submissions.
“These eight submissions are currently being vetted by a subcommittee of the BLDC board in an effort to shortlist the number of submissions, and provide the opportunity for more in-depth discussions with each of the shortlisted applicants to obtain more details regarding their proposals,” BLDC said.
“No timeline has been established for the process due to the diversity of the proposals, the sourcing of additional information, and meeting scheduling.”
The BLDC would not confirm whether the proposals would be presented to the public for consideration.
When the applications opened, BLDC said it was looking for an entrepreneur to provide “innovative development proposals” for the site.
The deadline for submissions was extended from October 17 until November 21 due to the impact of Hurricane Fay and Hurricane Gonzalo.
Several ideas and proposals have been made public, including the site becoming the Island's new container docks or home to a new hotel.