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 Baha Mar Development Company Begins First Stage in Development of
Mega Resort and Gaming Destination in The Bahamas; West Bay Village
Complex Will Feature 200,000 sq.ft. of Retail Shops, Restaurants
and Office Space

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NASSAU, THE BAHAMAS, August 5, 2005 – Soon, guests of Cable Beach Resorts’ Wyndham Nassau Resort & Crystal Palace Casino, Radisson Cable Beach & Golf Resort, and Nassau Beach Hotel, will be able to enjoy a new experience – a mixed-used, island-inspired village marketplace on West Bay Street that will add new shopping and dining choices for visitors.  The three properties situated side-by-side along 3,000 feet of Nassau’s largest and most beautiful beach already share a host of guest services and amenities including golf, tennis and casino privileges, allowing guests to stay at the resort of their choice yet enjoy many of the amenities offered by either of the other properties.  
 
Nassau’s new West Bay Village is scheduled to open in late 2006 and represents the first stage in phase one development of Baha Mar, a world-class mega resort and gaming destination in The Bahamas that will be uniquely Bahamian in character.  With an initial investment of $1.2 billion, Baha Mar represents the single largest investment in the history of the Bahamas.  Once complete, this one-in-the-world resort slated to open in 2007 will include 2,700 rooms across multiple, branded properties.  Baha Mar will also feature the largest casino in the Caribbean, and countless amenities and ‘must-see’, ‘must-do’ experiences.  The mixed-use West Bay Village complex will be situated directly opposite the Cable Beach Resorts strip and will feature 200,000 square feet of retail shops and restaurants, in addition to commercial service providers and corporate and Government offices.
 
Baha Mar Development Company, which owns and operates the Wyndham Crystal Palace Casino, Radisson and Nassau Beach hotels, and is behind the mega-resort development project, will select a Bahamian architectural design firm to develop the new commercial village at Cable Beach in collaboration with MHA Studio, the lead design and architectural firm on the Baha Mar project. 
 
According to Executive Vice President of Design and Development, John Kristich, “This commercial village will serve as a hub for cultural and economic activity and is expected to be an integral part of today’s Cable Beach Resorts experience and the Baha Mar vision of tomorrow.  It also represents our commitment to creating an authentically Bahamian product that reflects the life and charm that is native to the city of Nassau and the Islands of The Bahamas.”
 
About Cable Beach Resorts

Like three resorts in one, guests of the Wyndham, Radisson and Nassau Beach resorts can enjoy beach, golf and tennis entitlements at all three properties no matter where they stay.  Cross-property dining privileges and access to other resort amenities will soon follow.  
 
Together, the three resorts offer guests a choice of 1,941 rooms and suites, most with incredible ocean views; a 35,000 square foot full-service casino; over 50,000 square feet of meeting space; 27 food and beverage facilities; a complete tennis facility; an 18-hole golf course; over a half mile of Nassau’s best beach; and a variety of water sport activities.  
 
The three Cable Beach hotels are conveniently located within 20 minutes of Nassau International Airport, which is easily accessible thanks to convenient air service provided by a variety of domestic and international carriers.

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Contact:

Cable Beach Resorts
www.CableBeachResorts.com

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Also See: A $1.2 billion Mega Resort/Casino Envisioned on Nassau's Cable Beach / April 2005
The Nassau Beach Hotel, Wyndham Nassau Resort and Radisson Cable Beach Resort May Be Anchors of New $1.2 billion Resort/Casino Development / October 2004


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