Bridge Investment team returns from 8-day China trip

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Posted on Apr 15 2008
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Bridge Investment Group’s local architecture and engineering team recently returned from an eight-day trip to China where it conducted a final review of amended setup plans for the $40-$60 million Tinian Oceanview Resort and Condominiums project.

The company’s vice president for CNMI operations, Phillip Mendiola-Long, said that everything about the plans seem to be order and that they all meet U.S. and CNMI building codes.

He said the five staff members of the local A&E team, Herman Cabrera and Associates, worked day and night to finalize the project’s plans.

“In fact, while we were there, we loaded the first 6’X40’ containers with the initial construction materials to begin construction on our construction worker staff housing. The container is due to arrive late this month and during the time the materials are on the water our A&E team will be processing the permits for our temporary housing and we will be processing the labor contracts for the first 30 construction workers necessary to build the temporary staff housing,” said Mendiola-Long in an e-mail to the Saipan Tribune.

Bridge Investment plans to construct a 301-room hotel and casino resort on Tinian as well as 268 condominium rooms in the CNMI’s gambling capital. It will be built on 75,000 square feet of land that the company has leased for 55 years.

Aside from Herman B. Cabrera and Associates, Bridge Investment has also contracted the office of Mailman & Kara, certified public accountant Bruce McMillan, Marianas Development Corp. as its grounds maintenance firm, Power Buildings International as its local construction firm, FPA Inc. for ground clearing, and Marianas Environmental Services to work on its master site permit, environmental study, and prepare its report for the Historic Preservation Office.

Bridge Investment is a company formed by U.S.-mainland based investors Erik F. Wang, Rudy Pamintuan, Howard Li, Ken Wong, Akshay Desai, and Rocky Li.

The company said it also has offices in five different countries—Japan, Korea, China, U.S., and Russia.

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