UDC wants investors to build 5 condos downtown
BY STEVEN JACKSON Business reporter jacksons@jamaicaobserver.com
Sunday, October 25, 2015 55 Comments
Illustrations of the proposed West Street Residence
AN uptown feel may soon come downtown, as Government wants to facilitate the development of five condominiums in a zone it calls West Street Residence on lands a block away from the Digicel building in downtown Kingston.
It would house affluent Jamaicans and expats with vistas overlooking the waterfront, official documents indicate. The development will also provide commercial retail spaces on the street level at a capacity of 465 square metres (5,000 square feet) .
"The proposal will see the development of a five-tower multi-storey mixed use residential complex on a 2.63-acres parcel which now hosts a parking lot owned and operated by the UDC, small commercial entities and a security outpost for the Jamaica Constabulary Force," stated the UDC on the concept which represents the most grandiose attempt at redeveloping the decay of the old city.
BY STEVEN JACKSON Business reporter jacksons@jamaicaobserver.com
Sunday, October 25, 2015 55 Comments
Illustrations of the proposed West Street Residence
AN uptown feel may soon come downtown, as Government wants to facilitate the development of five condominiums in a zone it calls West Street Residence on lands a block away from the Digicel building in downtown Kingston.
It would house affluent Jamaicans and expats with vistas overlooking the waterfront, official documents indicate. The development will also provide commercial retail spaces on the street level at a capacity of 465 square metres (5,000 square feet) .
"The proposal will see the development of a five-tower multi-storey mixed use residential complex on a 2.63-acres parcel which now hosts a parking lot owned and operated by the UDC, small commercial entities and a security outpost for the Jamaica Constabulary Force," stated the UDC on the concept which represents the most grandiose attempt at redeveloping the decay of the old city.