Despite government's pledges and promises otherwise, the stalled Four Seasons project in Walmer Lodge/Black Rock is turning out to be a bigger and bigger millstone around the necks of the taxpayers of Barbados. Word is now coming to light of yet another loan poor Third World people will have to payback in order for a few of the uber-rich/super-cool from the First World to have a place in the sun. This is going to play so well at election time especially now that it is becoming clearer and clearer that there will still be nothing to show for all the time and money sunk in Clearwater Bay so far.
"It will take more than the next winter, spring, summer, and fall to finally get one of the biggest brands in international tourism and hospitality on the Barbados landscape – and the price tag will be big.
According to Barbados TODAY investigations, the developers of the mega Four Seasons Resort and Private Residences have applied for a BDS $104 million loan from the Inter-American Development Bank to complete the hotel component of the slow-moving project, as efforts to restart overall construction intensify ..."
Read more: Project push for Four Seasons Resort:
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