Property type
Building
Port Antonio, Portland
A Feasibility study has been completed and has indicated that significant value can be created for the people of Port Antonio, Portland and the surrounding environment with the redevelopment of the Boundbrook Industrial Estate into ‘The Boundbrook’.
The Boundbrook will see the amalgamation of the services provided by the Government of Jamaica and the private sector.
The Boundbrook will be a commercially viable space with over 100 thousand square feet of space. It will be home to government offices such as the Portland Municipal Corporation, the Tax Office and the Registrar General’s Department as well as commercial/retail space to accommodate fast food establishments, financial institutions, healthcare facilities, a sports bar and lounge, a supermarket, a gymnasium and the in-demand Business Process Outsourcing, BPO space to be used as one of the main anchors.
In addition, the Boundbrook will take on a tourist appeal, which will allow relations with the Port Antonio Marina and other entertainment activities.
The project will be a joint venture between FCJ and the National Insurance Fund, NIF. Construction budget is estimated to cost one billion Jamaican dollars. There will be a return on investment through lease/rentals.
Building
126,000 sq. ft.
Port Antonio, Portland
Divestment
The redevelopment of the Boundbrook Industrial Estate in Port Antonio, Portland has now passed the preliminary stages.
The detailed drawings for the Boundbrook redevelopment have now been submitted to the parish council.
The Boundbrook is expected to bring economic growth and job creation to the people of Port Antonio and by extension the people of Portland. One hundred and forty thousand square feet (140,000 sq.ft.) of space will be created to support the services provided by the Government of Jamaica and the Private Sector.
The Joint Venture Agreement (JVA) for the construction of the development between FCJ and a private partner is with Cabinet awaiting approval.
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+1 (876) 968-4766 info@fcj.gov.jmOwning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman