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Bermuda Land Development Company

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BLDC: development may not be at Marginal Wharf

A subcommittee has been formed to finalise the application process for development that was slated for Marginal Wharf. According to Arthur Jones, the chairman of the Bermuda Land Development Company (BLDC) subcommittee, the board has not committed to...
Jan 28, 2015
Other

Quango boss handed airport deal

A senior officer at a publicly-funded quango is running a company which operates the private jet terminal at the airport. Anthony Richardson, chief financial officer at Bermuda Land Development Corporation, is also the deputy chairman and a director ...
Oct 01, 2014
Other

Strong interest in redeveloping wharf

A raft of development proposals have been submitted as part of an initiative to rejuvenate Marginal Wharf. Landowners, the Bermuda Land Development Company, recently asked for ‘expressions of interest’ on the property in St David’s. The BLDC has alre...
Sep 17, 2014
Local Business

"BLDC puts former White’s site up for rent"

Bermuda Land Development Company has wasted no time trying to find a new tenant for the old Southside supermarket space. A newspaper advertisement on Friday says the BLDC offers approximately 31,304 square-feet of “retail and warehouse space availabl...
Sep 10, 2012
Other

"BLDC gives up on $500,000 debt claim"

The company was listed as one of BLDC’s biggest debtors in a 2010 review of company operations. According to sources familiar with the transactions between the two companies, BLDC eventually wrote off $500,000 it felt was owed by Fort Knox. However, ...
Jul 30, 2012
Politics

"Minister ordered payments – House committee finds"

Former Public Works Minister Derrick Burgess was wrong to direct the BLDC to pay consultancy fees to its board members, the Public Accounts Committee has found. Such a move should never have been made without the consent of the Finance Minister, the ...
Jul 23, 2012
Politics

"Burgess defends his role with BLDC"

Testifying in front of the Public Accounts Committee about his time overseeing the Bermuda Land Development Corporation, Derrick Burgess insisted he had done nothing wrong. The former Public Works Minister gave a spirited defence of his actions at th...
Jul 13, 2012
Politics

"PAC to discuss Auditor General’s report on misuse of funds"

Matters raised by the Auditor General, including concern about inappropriate spending of public funds by the Bermuda Land Development Company, are expected to be discussed in public by the Public Accounts Committee (PAC) today. The meeting will be h...
Jul 12, 2012
Other

"Southside Cinema closed for projector problem"

Southside Cinema has closed its doors until further notice. The 425-seat St David’s movie theatre posted a notice after the weekend saying it will be: “Closed until further notice. Sorry for any inconvenience this may have caused”. The cinema’s Faceb...
Jul 05, 2012
Other

"PAC to meet tomorrow"

The Public Accounts Committee [PAC] is due to continue its probe into misuse of public funds tomorrow, Thursday July 5. The meeting, at the Senate Chamber in the Cabinet Building on Front Street, will examine matters first raised by Auditor General H...
Jul 04, 2012
Other

"BLDC: Crown Landscaping never owed money"

The Bermuda Land Development Corporation [BLDC] has confirmed that a landscaping company should never have been listed as a debtor to the Corporation. Crown Landscaping was listed among four companies who owed money in a 2010 review of the corporatio...
May 22, 2012
Other

"City’s fountain to remain filled in, for now"

The former fountain at City Hall is likely to remain filled in with grass, “at least until the end of the year”, according to a spokesperson. Former City Councillors retired the reflecting pool earlier this year because of persistent leaks, after mor...
May 16, 2012
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