News

A Modern Look for an Old Nassau Market

By: Caribbean Journal Staff - October 12, 2011

Above: the new Bay Street Straw and Craft Market (Photo: CJ)

By Alexander Britell

After Nassau’s historic Bay Street market was destroyed by a fire in Sep. 2001, it was a devastating blow for thousands of Bahamian vendors and their families.

Now, the Bahamas is readying a refurbished market, replete with modern amenities and its own signature legislation.

According to Works Minister Neko Grant, in the years following the fire, the business environment, particularly in the informal sector, saw some deterioration, along with disregard for prevailing policies and some harassment of tourists.

In 2009, the Bahamian government awarded a $12 million contract to Cavalier Construction to build the new market. The new version has accommodations for 500 vendor stalls, 31 specialty stalls and a total of 34,000 square feet. The mezzanine level is enclosed and air-conditioned.

Above: the current temporary market on the port

For the first time ever, vendors will be able to operate credit card processing machines in the stalls.

Construction of the project is on schedule and budget, Grant said.

The challenge for the government he said was to make sure that a less-than-satisfactory “market culture” was not transferred to the new market.

“I’m glad it’s finally done,” said Latoya, a vendor who is working at the temporary market site on the harbour, and who had previously worked at the original market. ”

She said that she and some vendors were concerned about regulations, like a dress code and other measures in the new market.

“Some of the things I don’t think we should have to abide by, because it’s a self-employed place,” she said. “But I’m looking forward to its opening.”

Grant moved a new Straw Market Authority Act into the House of Assembly Monday, legislation aimed at addressing what he called a “majority of the concerns identified by the stakeholders’ group for urgent attention.”

A number of vendors are in agreement with the new policies, however, he said, which look to correct problems like the sale of “knock-off” goods, illegal subleasing of stalls and the operation of multiple stalls by individual vendors.

“Enforcement of these measures by an empowered management entity such as the Market Authority should deter unauthorised persons from operating in the market and also discourage illegal subleasing,” Grant said.

“I am hopeful that these measures should lead to realisation of our vision that, once again, Bay Street Straw and Craft Market will become the signature location for showcasing Bahamian-made crafts and products,” he said.

See the gallery below for a look at the new market:

Popular Posts cape santa maria

From Anguilla to Aruba, the Best Caribbean Beaches to Visit This Summer

Forget the Hamptons, forget Santorini. And Florida? There’s a reason snowbirds go home in the summer. If you’re looking for a summertime beach getaway, the Caribbean is it. The water is deliciously warm, the trade winds keep you cool and […]


From Belize to Grenada, 10 Little Caribbean Beach Resorts to Visit Right Now 

karibuni

There are different resorts for different vacations, different tastes, different moods. For some, there’s something delicious about a pint-sized, tiny Caribbean resort, where the emphasis is on the intimate, the serene. Where the soundtrack isn’t a piped-in DJ set, but […]


The Winners of the 2024 Caribbean Green Awards 

caribbean green

With almost 20,000 votes, the winners of the Caribbean Green Awards 2024 Presented by E-Finity have been crowned.  From state-of-the-art marine conservation projects to hotels that are redefining sustainability, the Green movement has never been stronger in the Caribbean.  “This […]


Related Posts the sexiest beaches including this resort at atlantis

How to Save at This Paradise Island Luxury Resort Right Now 

It’s a Caribbean signature: the pool at The Cove at Atlantis Paradise Island, equal parts nightclub and tropical hotspot, an all-day beachside party in The Bahamas. There’s a reason, after all, that The Cove is one of the most sought-after […]


MarineMax Vacations Is Back in Abaco 

marinemax

Luxury catamaran charter company MarineMax Vacations is back in The Bahamas.  MarineMax has returned to Abaco with a partnership with Cruise Abaco to offer charter experiences in the popular island chain in The Bahamas.  “The reliability of a long-time charter […]


$39M Beachfront Bahamas Villa Sold in Record-Breaking Transaction

bahamas villa

A villa that had been listed for $39.49 million has been sold in The Bahamas, Caribbean Journal Invest has learned.  The villa in Nassau’s Old Fort Bay was sold for “just under” the initial asking price, according to a spokesperson […]


SUBSCRIBE!

Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.


No. Thank You