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Windwalker Real Estate forms Bermuda subsidiary
BY MARY LANCASTER INDEPENDENT WRITER
Alan Worden, president of Nantucket's Windwalker Real Estate, has founded an affiliate company in Bermuda and become owner of Southampton Beach Resort, Ltd. Worden intends to develop the Southampton site, currently the location of the Wyndham Bermuda Resort and Spa, into a luxury fivestar destination including a grand hotel, recreation club, timeshare opportunities and hospitality-oriented residential area that will appeal to the baby boomer generation.
Windwalker Bermuda, LLC, will continue to have the current 252room facility run by Wyndham Hotel and Resorts while renovation of the 32-acre property is completed. Worden said the expertise of his Windwalker Bermuda team, consisting of resort development experts and hotel manager Larry Magor, formerly a senior manager with Nantucket Island Resorts and
founder of the White Elephant's Brant Point Grill, will allow him to devote the majority of his time to the Nantucket office.
Worden said the Wyndham was called the Sonesta when his wife Nicole was a child and stayed at the hotel with her mother. The development will cost approximately $200 million dollars and is being backed by Lehman Brothers, the financial investors in the Westmoor Club, of which Graham Goldsmith is president and Worden is vice-president.
In the summer of 1988, Worden came to the island as a sailing master for Nantucket Yacht Club.
"I had a great experience and it became my summer home," said Worden. "Between the sailing and the people I was hooked."
Worden moved permanently to Nantucket at Christmas 2002 and opened Windwalker Real Estate in March 2003. He said he has no plans for major investments on Nantucket other than the Westmoor and his real estate firm.
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