Dr. Livingston Marshall, Senior Vice President of Environmental and Community Affairs at Baker’s Bay Golf and Ocean Club, spoke on the topic: “Baker’s Bay Golf and Ocean Club: A Practical Case for Sustainable Development” at the 10th Annual Abaco Business Outlook on Sept. 26.
Making his first point, Dr. Livingston said there has to be a finance increase in order to have sustainability and to bring about a diverse product; secondly, the environment must be incorporated into what you are doing; and lastly, the right team of employees must be in place to bring about desired results.
Next, Dr. Livingston gave a project overview of Baker’s Bay, and looked at the costs associated with the project, as well as public and private collaborations. To date, Baker’s Bay has invested $485 million in their project, and has hired 516 Bahamians plus an additional 44 ex-pat employees. Training and professional development is also offered to employees and associates with a focus on character and skills.
“In order to have world-class facilities, you must have world-class employees,” Dr. Marshall advised.
He then turned his attention to the sources of revenue for The Bahamas between the 10-year period of 2012 to 2022. Stamp and property taxes were at the top of the list with a $260 million contribution. Leased land, NIB contributions, duty on construction materials were also on the list.
“So what can Abaco expect over the next 10 years?” he posed.
In answer to his question, Dr. Livingston supplied a construction update, and he added that the incinerator, which is one of their priority infrastructure projects, is about to become operational.
According to the employment trends graph that was shown, he indicated that over time we will see an increase in Bahamian employment regarding contractors and sub-contractors.
Focusing in on Baker’s Bay as a model development for the future, Dr. Livingston said the world-class resort is a new paradigm for Bahamian development, and is the most environmentally sensitive and sustainable development in the Caribbean. He said Baker’s Bay also highlights The Bahamas and the Family Islands as a luxury hospitality and second-home destination that attracts the world’s business, sports and entertainment leaders.
Nearing the end of his presentation, Dr. Livingston gave Marina Village environmental highlights, and talked about being self-sufficient and mindful of the reef eco-system that surrounds their property. As a result, Platinum Paspallum grass was used for the Tom Fazio designed championship golf course, and there are 100 acres of preserve still intact.
He concluded with ways to strengthen the partnership between Baker’s Bay and The Bahamas Government for the development of model employees along with quality labour and training.