Barbados is filled with exciting investment opportunities that are projected to increase long-stay arrivals by approximately 92% and increase visitor spend by approximately 111% by 2025. Visionary investors can gain a head start into these new developments that will bring an additional 4,000 new rooms and 7,000 new jobs in the Carlisle Bay area alone.

Stay linked to this website for new development opportunities soon to be released!

Sam Lord's Castle

Sam Lord’s Castle

The Government of Barbados (GOB) has selected the Barbados Tourism Investment Inc (BTI) as its executing agent to assist with the development of the Sam Lord’s Caste Estate, which is currently owned by the BTI.

The estate is currently subdivided into five parcels of land (survey attached). BTI has recently opened the 420 room Wyndham Grand Barbados Sam Lord’s Castle & Spa on Lot 1, which measures 28.3 acres.

To boost the attractiveness of the entire estate, BTI is now seeking proposals from interested developers for the purchase and subsequent development of a tourism related project or projects on the three adjacent parcels which measure approximately 17.3 acres: Lot 5 (12.1 acres), Lot 4 (2.5 acres) & Lot 3 (2.7 acres), which will have full beach access.

BTI anticipates making an award to the successful bidder on or before February 16, 2024. BTI reserves the right to withdraw the Request for Proposals, to reject any or all proposals, and to accept any proposal deemed to be in the best interest of the GOB.

The successful bidder will benefit from incentives for development of projects within the hotel and hospitality sector under the existing fiscal regime.

The Opportunity

Oistins

Oistins Opportunity

The Government of Barbados (GOB) has selected the Barbados Tourism Investment Inc (BTI) as its executing agent to assist with the development of beach front property owned by the Government at Oistins, Christ Church consisting of some 288,673 square feet, or approximately 6.6 acres. The property is the current location for the following Government agencies:

  • Royal Barbados Police Force
  • Randall Phillips Polyclinic
  • Post Office
  • Library
  • Community Development
  • Welfare Department
  • Licensing Authority
  • Barbados Revenue Authority
  • Magistrate’s Court
  • The bus terminal

BTI is now seeking proposals from a preferred partner to undertake the rebuild of these Government agencies, excluding the Randall Phillips Polyclinic, thereby making these lands available to the selected partner for beachfront development.

There is an expectation that the rebuilding will occur prior to any commencement of demolition of the existing structures and the start of the beachfront development; maps delineating the contours of the sites will be provided. BTI expects that an award will be made by February 16, 2024. BTI reserves the right to withdraw the Request for Proposals, to reject any or all proposals, and to accept any proposal deemed to be in the best interest of the GOB.

The Opportunity

Carlisle Bay

Carlisle Bay Development

The Carlisle Bay Development, which covers over 2 km of beachfront land, is a unique tourism investment prospect in any tropical island in the world today. This beachfront land, owned by the government and the private sector, sits on a beautiful crescent bay infront of a historic capital city and UNESCO site. At the centre of this opportunity is the people of Barbados. This development will be the anchor for the complete regeneration of the communities in this urban corridor: livelihoods, infrastructure and sustainable futures for all. Please see the link below to learn more. The Carlisle Bay Development will include:

  • An iconic performing arts/conference facility
  • 5 new hotels (an additional 1,500 rooms)
  • A marina
  • Entertainment facilities

The Opportunity