Baha Mar

{{Short description|Hotel and casino in The Bahamas}}

{{Infobox casino

| name = Baha Mar

| logo = Baha Mar Logo.svg

| image = Baha Mar Resort located in Nassau, Bahamas.jpg

|image_size =220px

| image_caption = The Baha Mar resort

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| coordinates =

| location = Nassau, Bahamas

| address =

| date_opened =

| rooms = 2,200

| space_gaming = {{convert|100000|sqft|abbr=on}}

| shows =

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| notable_restaurants =

| casino_type = Land-based

| owner = Chow Tai Fook Enterprises

| license_holder =

| key_people = Graeme Davis (President)

| developer =

| architect =

| names_pre =

| renovations =

| website = {{URL|bahamar.com/}}

}}

Baha Mar is a {{cvt|1,000|acre|adj=on}} resort complex on the island of New Providence in The Bahamas. Owned by Hong Kong–based Chow Tai Fook Enterprises, the establishment opened in April 2017.{{Cite news|url=https://www.nytimes.com/2017/04/17/travel/bahamas-baha-mar-resort-nassau-hotel-casino-opening.html|title=In the Bahamas, a Long-Awaited Opening for Baha Mar Resort|last=Vora|first=Shivani|date=2017-04-17|work=The New York Times|access-date=2017-10-24|language=en-US|issn=0362-4331}} The amenities include three hotels (a Grand Hyatt, SLS Baha Mar, and the Rosewood) with a total of 2,200 rooms, 284 private residences, a {{convert|100000|sqft|adj=on}} casino, a {{convert|30000|sqft|adj=on}} spa, and a Tournament Players Club golf course designed by Jack Nicklaus.{{cite news|title=Bahamian resort on fast forward|newspaper=Las Vegas Review-Journal|author=Howard Stutz|date=2 January 2013|url=http://www.lvrj.com/business/bahamian-resort-on-fast-forward-185399591.html|access-date=2012-01-02}}

On 30 March 2010, a local Bahamas-based investor and the government announced an agreement on the redevelopment of the resort to help revitalize Cable Beach, the most popular beachfront destination on New Providence Island. The project would subsequently be joined by other investors, which led to it being financed by China Exim Bank, while construction would be performed by China Construction America and would be using 70% Chinese labor brought in from mainland China.{{cite web|title=Baha Mar Signs $2.6B Deal (2010) |work=The Bahama Journal |date=2010-03-31 |url=http://www.jonesbahamas.com/news/45/ARTICLE/21535/2010-03-31.html |url-status=dead |archive-url=https://web.archive.org/web/20110713120436/http://www.jonesbahamas.com/news/45/ARTICLE/21535/2010-03-31.html |archive-date=July 13, 2011 }} Groundbreaking for the redevelopment took place on 21 February 2011 with the resort opening expected on 27 March 2015.{{cite web | title = Baha Mar groundbreaking to get $2.6bn project under way | work = Bahamas Tribune | date = 2011-02-21 | url = http://www.tribune242.com/02212011_baha-mar_news_pg1|archive-url=https://web.archive.org/web/20110224200631/http://www.tribune242.com/02212011_baha-mar_news_pg1|archive-date=2011-02-24|access-date=2016-02-12|url-status=dead}} The whole project would eventually cost around US$4 billion.{{cite web | title = Luxury Resort Baha Mar | date = 2013-03-15 | url = http://www.moebel.de/garten/swimmingpools/magazin-baha-mar-die-groesste-und-luxurioeseste-resort-baustelle-in-der-westlichen-hemisphaere-8798419636188}}{{cite news|title=Baha Mar names former Las Vegas Sands team to manage hotel, casino|newspaper=Caribbean Journal|date=May 23, 2013|url=http://www.caribjournal.com/2013/05/23/baha-mar-names-former-las-vegas-sands-team-to-manage-hotel-casino/|access-date=2013-05-23}} By April 2016, construction was halted for nearly a year with the resort 97% complete{{cite news|url=http://www.miamiherald.com/news/business/international-business/article71226497.html|title=When will stalled Bahamian mega-resort project Baha Mar be completed?|publisher=Miami Herald|date=April 11, 2016|author=Mimi Whitefield}} following the original investor's Chapter 11 bankruptcy filed in 2015 in a Delaware court (sidestepping Bahamas jurisdiction) but dismissed in September. A Bahamian judge subsequently put provisional liquidators in charge.{{cite web|url=https://www.bloomberg.com/news/articles/2016-01-04/the-ghosts-of-baha-mar-how-a-3-5-billion-paradise-went-bust|title=The Ghosts of Baha Mar: How a $3.5 Billion Paradise Went Bust|author=John Lippert,Dawn McCarty|date=4 January 2016|work=Bloomberg.com}}

In December 2016, Chow Tai Fook agreed to buy Baha Mar from the Exim Bank.{{cite news|title=PM confirms Baha Mar sale to Chow Tai Fook Enterprises|newspaper=Bahamas Tribune|author1=Ava Turnquest|author2=Khrisna Virgil|date=December 12, 2016|url=http://www.tribune242.com/news/2016/dec/12/pm-confirms-sale-baha-mar-chow-tai-fook-enterprise/|access-date=2018-06-05}}{{cite press release|title=Chow Tai Fook Enterprises Limited to own and operate Baha Mar Resort|publisher=Chow Tai Fook Enterprises|date=December 12, 2016|url=https://www.prnewswire.com/news-releases/chow-tai-fook-enterprises-limited-to-own-and-operate-baha-mar-resort-300376628.html|access-date=2018-06-05|via=PR Newswire}} Chow Tai Fook assumed management of the property in March 2017, and completed its purchase in December 2017.{{cite news|title=Baha Mar is 'handed over'|newspaper=Bahamas Tribune|author=Khrisna Virgil|date=March 22, 2017|url=http://www.tribune242.com/news/2017/mar/22/baha-mar-handed-over/|access-date=2018-06-05}}{{cite news|title=Baha Mar sale meets December 1st deadline|newspaper=Bahamas Tribune|author=Neil Hartnell|date=December 5, 2017|url=http://www.tribune242.com/news/2017/dec/05/baha-mar-sale-meets-december-1st-deadline/|access-date=2018-06-05}}

The resort initially opened with only one hotel, the Grand Hyatt. The SLS opened in November 2017, followed by the Rosewood in June 2018.{{cite news|title=Baha Mar, the largest casino and hotel complex in the Caribbean, is open|newspaper=CNBC|author=Nancy Trejos|date=May 29, 2018|url=https://www.cnbc.com/2018/05/29/baha-mar-the-largest-casino-and-hotel-complex-in-the-caribbean-is-open.html|access-date=2018-06-05}}{{cite news|title=Rosewood hotel opens at Baha Mar|newspaper=Travel Weekly|author=Jamie Biesiada|date=June 1, 2018|url=http://www.travelweekly.com/Travel-News/Hotel-News/Rosewood-hotel-opens-at-Baha-Mar|access-date=2018-06-05}}