Phase one of the $200m Pierhead Project in Bridgetown is on schedule for completion in late 2027, developers said on Wednesday, reporting steady construction progress, strong investor interest and plans to keep the waterfront site open and accessible to the public.

Project director Michael Pickles said the first phase, dubbed the Steel Building, could alternatively be finished no later than the first quarter of 2028.

Phase one focuses on 39 apartments, retail and food and beverage outlets, a beach club, and restoring the historic Blackwood Screwdock.