Property type
Building
Marcus Garvey Dr, Kingston
In keeping with our new mandate in being a provider of industrial and commercial space, FCJ intends to redevelop and expand the Garmex Freezone. The project is focused on optimal utilisation of the complex in order to facilitate business expansion, increase jobs and contribute to the economic growth.
The redevelopment project will see the construction of 13 new buildings on 8.7 acres of green space. In total approximately 370, 000 sq. ft. of new space will be constructed. The first phase will see 126,000 sq. ft. being developed with the remaining 244,000 sq. ft. constructed in phase two. There will also be space being developed for small and medium sized enterprises. A commercial building to provide support service such as fast food establishments, a medical office and banking facilities to support Garmex and the wider community.
Building
90,000 sq. ft.
Marcus Garvey Dr, Kingston
Divestment
The first phase of the Garmex Redevelopment and Expansion Project has started and is expected be completed by March 2021.
Three (3) of the four (4) buildings measuring approximately 63,000 sq.ft. have been completed.
Phase 1 of the Garmex Freezone Redevelopment and Expansion Project is almost completed. Four buildings totalling 90,000 sq.ft. are now operational, with the exception of the sewer works, which are currently being connected along with some minor defects to the buildings. When the sewer connections are completed, the buildings will be handed over to the clients.
Also included in Phase 1 is the construction of two buildings totalling 36,000 sq.ft. This space is designed for mini-warehousing and sectioned into 1,000 and 2,000 sq.ft. units. Clients have the option of leasing and combining multiple units to suit their space requirements.
Construction is expected to begin January 2022. It has received Cabinet approval and a letter of award has been sent to Tankweld Ltd.
Other infrastructure development update:
In total, the Garmex Redevelopment and Expansion project will see the construction of 13 new buildings on 8.7 acres of green space, totalling 370,000 sq. ft. of new space.
Phase 1A of the redevelopment and Expansion –
The construction of the two SMEs buildings totalling 36,000 sq. ft. is 80% complete. This will complete the final stage of Phase 1A with a total square footage 126,000. The 36,000 sq. ft. is expected to be finished in March 2023.
Phase 2 of the redevelopment and Expansion – (Marcus Garvey Entrance)
Infrastructure - The Procurement process for infrastructure work is ongoing. Once finalised, the next phase is to receive external approval from PPC and the Cabinet.
Building – There is interest in hosting a BPO company at this location, which has now led to a redesign of the building in this phase.
Phase 3 of the redevelopment and Expansion -
The concrete perimeter wall is being constructed for the 5.7 acres of land.
The Procurement for the infrastructure works has returned from market and is being evaluated. The next phase is to obtain external approval from PPC and the Cabinet.
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