Architekton Design Studio Bahamas Ltd. Jason Lorandos has won the design competition for the Central Bank of The Bahamas’ (CBOB) new building. This was announced by the Central Bank’s Governor John Rolle on 11 May.
The bank currently spends more than $1 million annually on the upkeep of its almost 50-year-old headquarters, and on rent for other offices to satisfy its staff overflow. A new bank is needed to accommodate the organization. So the Bank commissioned a series of designs that ran the range from traditional to imaginative. It hopes its new home will be an inspiration to, and part of, a rejuvenated City of Nassau.
Lorandos said he took his inspiration from the sand dollar that is part of the Central Bank’s logo. He used the concept to create something we think will be quite striking and attractive in a downtown that’s a bit stale.
“I wanted to create something that was uniquely Bahamian; something that had value to the essence of the country,” Lorandos said on Friday at the press conference revealing the design winner. And the Central Bank, being probably the most important governmental figure in The Bahamas, needed to be a component that was both architectural and a statement indicating the strength of the building and the country that would be recognized globally as a place of importance.” […]