A multi million dollar residential seaside project is to go up right next door to the Four Seasons tourist development.
The land was recently cleared and billboards erected by the roadside, in the area of the public access to the Batts Rock Beach, announcing an “exceptional investment opportunity” which could see upwards of US$50 million being pumped in.
But actual construction of the posh condominiums, villas and town houses is not expected to start until towards the end of 2011.
The owners of the development, Himark Holdings, are reported to be looking for investors to get the “Residence at Clearwater Bay” construction rolling.Big real estate management company Island Villas has been doing some promotional work for the project planned for the 4.5 acre site straddling the St Michael/St James boundary line.
Full story in the SATURDAY SUN
