Grand Lucayan’s $827 Million Transformation: A New Era for Cruise Tourism in the Bahamas

A Major Investment in Cruise Tourism

The Grand Lucayan Resort on Grand Bahama Island is set to undergo a massive transformation, thanks to an $827 million investment by Miami-based developer Concord Wilshire Capital. This ambitious project aims to revitalize more than half of the resort’s 56-acre beachfront, turning it into a premier destination for cruise passengers. The redevelopment plan includes a waterpark, hotel, casino, and golf course, all designed to cater to the growing cruise market.

Catering to Cruise Passengers

The decision to focus on cruise tourism stems from the industry’s significant impact on the Bahamian economy. Richard Bosworth, a board member of Concord Wilshire Capital’s Lucayan resort and gaming platform, emphasized the importance of the cruise business in driving tourism to the Bahamas. The waterpark, a key feature of the redevelopment, will offer cruise lines an optional excursion package for their guests. The port is expected to accommodate over 10,000 passengers and multiple ships daily, making it a bustling hub for cruise visitors.

A New Kind of Experience

Unlike traditional private cruise destinations, the revamped Grand Lucayan will be open to all visitors, offering a unique blend of entertainment and relaxation. The resort will feature multiple pools, water recreation areas, eateries, casino games, and live music, creating an experiential adventure for guests. The design will cater to various demographics, including families and music enthusiasts, with live performances playing a central role in the experience.

Integration with Local Culture

In addition to the resort’s attractions, the nearby Port Lucaya Marketplace will be integrated into the Grand Lucayan property, allowing guests to experience Bahamian culture without leaving the resort. This integration aims to provide a comprehensive experience for visitors, whether they are exploring the island or enjoying the resort’s amenities. The project is scheduled to begin construction in the latter half of 2026, with completion anticipated in early 2028.

A Bright Future for Bahamian Tourism

The Grand Lucayan’s transformation is part of a broader trend in the cruise industry, with companies like Royal Caribbean and Norwegian Cruise Line investing in private island destinations. The Bahamas has seen a resurgence in its tourism economy by collaborating closely with the cruise industry, and the Grand Lucayan project is expected to further boost this growth. As the resort evolves, it promises to offer an exciting new chapter for cruise tourism in the Bahamas.