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News from St Kitts & Nevis as of
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Agreement signed for redevelopment of Charlestown waterfront in Nevis
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| Published on Wednesday, October 28, 2009 | Email To Friend Print Version
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CHARLESTOWN, Nevis -- Nevis Premier, Joseph Parry, signed a lease and development agreement with Namdar Brothers Realty for the redevelopment of the Charlestown Waterfront. The signing ceremony took place on Monday.
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| Premier Parry signing the Charlestown waterfront redevelopment agreement |
“The up-market development would be attractive to cruise and land based tourists. The site would hold up to 25 or more stores, with a number of them selling brand name clothing, leather goods, duty free perfumes and restaurants,” said Premier Parry.
Based on the agreement, Namdar Brothers Realty will have a lease of 25 years and will be granted the opportunity to develop the Charlestown waterfront with the use of local contractors.
Parry noted that it was important for local workers to be employed to execute the bulk of the work on the major project as the development project would be beneficial to Nevis.
Meanwhile, the project will develop the concession land as a multi-phased, master- planned mixed use development and would be readily accessible to cruise and non cruise visitors at all times.
The project will encompass areas consisting of the Customs Building, the waterfront and surrounding market and would be called Harbour Village. This development will serve the multi-needs of cruise visitors, hotel guests and local residents. | | | | Reads : 557 | | | |
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