Among the 88 Barbuda residents who turned out to a town hall meeting to vote yea or nay to the proposed US $250 million Turbidy-DeJoria project two nights ago, only two people voted against the development, leaving a staggering majority in favour.
When OBSERVER media contacted Managing Director of Peace, Love and Happiness Barbuda, John B Turbidy, he said, “From the standpoint of investment, we’ve never seen more support from a community.”
He declared, “It was amazing support, and it was bi-partisan support, which is really unusual.”
Peace, Love and Happiness Barbuda is the company undertaking the project, according to Turbidy who, in 2014 proposed a slightly different project under the group “Barbuda Preserve”.
Turbidy is now leading the project and has reported that he has the financial backing of Billionaire John Paul DeJoria. Asked if the project’s funding was secured, the managing director replied, “Unlike other developers, we’re not speculators.
“I represent a gentleman that has a high net worth, and he does not do this to flip or to speculate. We are here to build … and he has the money to do it. We have a lot of his friends at his level financially who are very much behind the project.”
Forbes lists DeJoria as the 222nd wealthiest man in the United States as of 2016, having a net worth of US $3.2 billion.
More in today’s Daily Observer.