Dillon Knowles on Reviving Freeport

Dillon Knowles on Reviving Freeport

Author: Mark Lutter September 25, 2025 Duration: 1:05:08

Grand Bahama’s Freeport is often left out of the origin story of special economic zones—but it shouldn’t be. In this episode, Mark sits down with Dillon F. Knowles, President of the Grand Bahama Chamber of Commerce, to trace Freeport’s beginnings under the 1955 Hawksbill Creek Agreement—arguably the first modern free trade zone—through its Vegas-on-the-Atlantic heyday and the slowdown that followed the 1967 “bend or break” speech.

Knowles explains how a city master-planned for 300,000 people (on an island nearly 2× the size of Singapore) ended up with ~40–50k residents, why tourism shifted from high-rollers to cruise lines, how hurricanes and policy ambiguity compounded the challenge, and why legal certainty plus investor-government alignment could unlock a renaissance. We cover today’s flashpoints (e.g., the $350M tax shortfall claim and arbitration), outline pragmatic reforms to “modernize Hawksbill,” and sketch a credible growth thesis for Freeport—spanning ports, hospitality, residential, and high-skill jobs.

If you care about zones, governance, and city-building, this is a case study you can’t miss.


Imagine a new city, built from the ground up with a unique set of rules designed to foster innovation, economic growth, and a better quality of life. This isn't just a thought experiment; it's the concept of a charter city, and it's the central focus of the Charter Cities Podcast. Hosted by Mark Lutter, these conversations dig into the practical and philosophical questions surrounding these ambitious urban projects. How might they address pressing global issues like rapid urbanization, entrenched poverty, and the complex dynamics of migration? To find answers, Lutter sits down with a diverse array of thinkers and practitioners. You'll hear from specialists in international development, urban planners, investors, entrepreneurs, and governance experts, each bringing a crucial piece of the puzzle. The discussions are grounded and detailed, moving beyond theory to examine the real-world mechanics of financing, building, and governing new cities. This podcast doesn't offer simple solutions, but rather provides a nuanced exploration of a bold idea for human organization. It's for anyone curious about the future of cities, the intersection of policy and innovation, or the structures that shape our collective lives. Through these in-depth interviews, the Charter Cities Podcast builds a comprehensive understanding of a concept that could redefine how communities are built in the coming century.
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