St. Kitts And Nevis: Company Profile of St. Kitts Urban Development Corporation
St. Kitts Urban Development Corporation
Sector: Real Estate
..................Tomorrow's Destination Today..................
"Port Zante is a sparkling world class port fronting the historic town of Basseterre. It offers beautiful promenades surrounded by elegant shops. Port Zante is only a few steps away from a deep harbour designed to accommodate the largest cruise ships and luxury yachts. There has been a dramatic increase in the number of cruise ships and Visitors over the past 6years. The 2017/2018 winter season, brought a record number of visitors exceeding 900,000 for the first time. Port Zante is a shopper's paradise offering a diverse blend of designer goods, jewellery, premium cigars & spirits and souvenirs at duty free prices. Port Zante also offers a. A new food court boasting numerous culinary offerings has recently opened adding to the already multicultural dining experience. Continuous growth and development has transformed Port Zante into the ideal cruise facility and has created superb conditions for economic growth in St. Kitts-Nevi
St. Kitts Urban Development Corporation Ltd. is pursuing a second phase of real estate development aimed at utilising its remaining undeveloped lands. The design of this mixed use development is the result of the revision of the original master plan through consultation with Bermello Ajamil & Partners Inc., an award winning design and project delivery firm and local stakeholders. This second phase of real estate development will be anchored by a new 54 slip full service marina accommodating vessels up to 200 feet in length. The marina village will include a boutique hotel, commercial and residential condominiums, structured parking, a waterfront promenade and outdoor landscaped recreation areas. A second cruise ship berth is now under construction and should be completed in 2019. This facility will accommodate the largest. It is envisaged that this second phase of development should be completed by 2025 in order that investors can obtain full advantage of the anticipated further increases in visitors to the island as well as the predicted boost in economic activity across the island.
The St. Kitts Urban development Corporation Ltd. therefore invites enquiries from interested developers and investors who wish to participate in this exciting project. The Port Zante Development project is approved for participation under the real estate option of the Citizenship by Investment Programme, in accordance with the citizenship Act of 1984. There are possibilities for single or fractional ownership of the hotel and condominium units.