Remediation at the Morgan’s Point property has been completed, with the site now cleared for the proposed luxury resort development.

Craig Christensen, president and CEO of Morgan’s Point Ltd, expressed his gratitude to the Ministry of Public Works for their efforts, saying: “Achieving this huge milestone has been the result of gracious collaboration and co-operation with the Ministry and we are thankful for the hard work put forth into seeing this come to fruition.”

With the remediation now concluded, the proposed development on the site can begin as soon as this month. The project, which will be a phased development, will start with the building of 157 waterfront residences, a 79 room ultra-luxury branded hotel and amenities that include world-class restaurants and spa and a marina that can host 77 boats along with 21 mega-yachts.

Morgan’s Point Ltd obtained the land in 2008 as part of a land swap agreement under the condition that the Bermuda Government remediate the former baselands to residential standards. Work on the cleanup project began in earnest in April 2013, with a number of companies hired to carry out the work.

The land has been remediated to New Jersey standards, with international consulting firm Langan Engineering and Environmental Services overseeing the project.

Craig Cannonier, Minister of Public Works, said: “I am delighted that the remedial work at Morgan’s Point has been completed; this is a monumental step in bringing the proposed development into fruition — a development that will equate to more jobs for Bermudians and a first-class tourism product for Bermuda.”

Vince Yarina, vice-president of Langan Engineering and Environmental Science, said the New Jersey remediation standards were very stringent, adding: “Using New Jersey standards in Bermuda was unique, but Langan’s knowledge and extensive experience working with these standards was successfully applied to ensure the safe clean up the site for the future benefit of the residents and tourists.”