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Update on Peninsula Resort
By:Anne
Date: 11/5/08 8:50am

From:
http://www.jamaicaobserver.com/magazines/Business/html/20081104T200000-0500_142145_OBS_JTI_LOOKING_BUYERS_FOR_OVER_US____B_OF_BEACHFRONT_PROPERTY.asp

An excerpt from the article on this monster property:
...But the mega project is for The Negril Peninsula Resort, it has an estimated cost of US$1.1 billion. It is a mixed luxury villa and resort providing approximately 6,702 habitable rooms on 361 acres.

"It is a unique concept which brings together the natural resources of Jamaica with first class resources in leisure, technology and both physical and spiritual well-being, to create a vacation lifestyle experience. The coastal shoreline of approximately one kilometre, fronted by the Caribbean Sea to the south, is to accommodate a medium-sized marina to accept keeled yachts and medium-sized ocean-going vessels. In addition, five new beaches will be created to complete this new coastal destination," noted the JTI which added that currently environmental permits have been granted and outline planning approvals granted. It expects the project to be at some stage of completion by 2010...

Messages In This Thread

Update on Peninsula Resort -- Anne -- 11/5/08 8:50am
What the Sea is like there -- Sharlene -- 11/6/08 10:40pm
Re: Smells like -- Anastasia -- 11/5/08 3:08pm
Environmental whitewash -- Dick Elliott -- 11/5/08 8:05pm