Scout Real Estate’s Green Resort Hotel Project Costs May Hit $300 Million
Posted by at Jul 23rd, 2008 in Green Design
SOUTHAMPTON, BERMUDA—Scout Real Estate Capital CEO Alan Worden announced that work on the company’s new five-star resort hotel on the site of the old Wyndham Beach Resort in Southampton Parish (formerly Sonesta Beach Resort) is progressing on schedule. Scout intends to present its proposed plans for the property to the government’s Special Cabinet Committee for approval in early September 2008. Current estimates place project development costs at $300 million. Scout plans to pursue U.S. Green Building Council Leadership in Energy and environmental Design (LEED) certification for the hotel.
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Scout Real Estate’s Green Resort Hotel Project Costs May Hit $300 Million

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