Sep 13 2007

Building Current, Eleuthera, Bahamas

Published by admin at 3:35 pm under Dann Lewis

Good progress on a big new development at the Current, Eleuthera, was reported Friday by a young American Businessman, Dann H. Lewis, of Hanover, New Hampshire.

Dann Lewis, who at 22 must be one of the youngest overseas investors ever to come to the Bahamas, is President of the Current Development Ltd., a family owned company. The firm will be spending the next two years on the construction of some 20 duplex-type beach homes on the south side of Current Island. A Club, to be known as the Current Club will also be built on the south side together with a marina with a fueling dock, and water and power facilities for visiting yachtsman. Dann Lewis said Friday that already two private homes and one duplex had been completed at the Current, and five more buildings are under construction. The main clubhouse is scheduled for completion by mid-December, in time for the winter season.

Current Development Ltd. has bought 25 acres of land with magnificent beach frontages on the north and south sides of the island. There are good anchorages for yachts and swimming conditions that are ideal.

When the main club house is completed, Lewis said boats will be available for water skiing and fishing. The development is near the Current villages and near to the airstrip and main road.

Dann Lewis first came to the Bahamas during his vacations from Dartmouth College. He and his family were so impressed with the beauty of the islands that they formed the Current Development Ltd. to invest here. Lewis, as chief shareholder and President, came down on the eve of his graduation from Dartmouth to start operations in March of this year. He is enrolled as an electrical engineering student at the Massachusetts Institute of Technology (MIT), but has taken leave of absence in order to undertake the project. Local Bahamians will both build and staff the new resort property.

from: Nassau Guardian, August, 1960

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