Paget Parish
Paget Parish captures residential overflow from Hamilton's insurance district, creating mutualism through housing, gardens, and south shore resorts for financial workers.
Paget Parish demonstrates the competitive advantage of proximity to a keystone economic center. Bordering Pembroke Parish where Hamilton's financial district concentrates Bermuda's insurance industry, Paget captures the residential overflow of executives and professionals who want short commutes without capital-city density. This creates a gradient of housing prices and population density that decreases as distance from Hamilton increases.
The parish exhibits mutualism with Pembroke's economic engine. Paget provides the Bermuda Botanical Gardens, the Masterworks Museum of Bermuda Art, and south shore beaches that offer recreation for Hamilton's workforce. The Elbow Beach resort anchors tourism along Paget's coastal strip, providing hotel capacity that the commercial district of Hamilton lacks space to accommodate. These amenities enhance Bermuda's attractiveness to the international insurance professionals who rotate through the territory.
Named for William Paget, 4th Baron Paget, another of the original Virginia Company investors who financed Bermuda's colonization, the parish retains traces of its agricultural past even as residential development has consumed most arable land. Its position between the commercial intensity of Pembroke and the beach tourism of Warwick and Southampton creates a transitional zone—neither purely business nor purely leisure, but a residential bridge between Bermuda's primary economic functions.