Tourism and Investment Minister Dr Ernest Hilaire described both projects as transformational for the island.

The Harbour Club Residences, he noted, will be the first dedicated residential property development in the north of the island.

“This development will create jobs, stimulate high-tech agriculture, and introduce initiatives in medicinal herbs and botanical research. It will also enhance our food security and strengthen our hospitality sector, all while adding new dimensions to our tourism products,” Dr Hilaire explained.

The Marquis Estate agrotourism project, located at Marquis Estate, is designed to complement the residential development by introducing innovative agricultural practices.

The project aims to integrate research and high-tech farming, providing both educational opportunities and sustainable outputs for the island’s tourism and hospitality industries.

“It will transform Babonneau because of the scale of the development, the number of persons that will be involved, and the creation of jobs. Also, to a significant extent, we will introduce an element in our agricultural sector that we've not seen before, high-tech agriculture. And when you do receive the presentation, you will see how that can really add to our thrust in terms of the food security of our country, but also to ensuring that we can meet the demands of the hospitality sector,” he said.

Stephen Husbands, General Manager of the Harbour Club, emphasised the scale and ambition of the residential project.

“We are introducing a new product niche to the market that complements Saint Lucia as a destination. Tourism is strong, stayover arrivals are growing, and we are committed to maximising this momentum while supporting local communities and infrastructure improvements,” he said.

These two new projects are added to the suite of other investments already tabled for the country, namely, the Republic Bank HQ development, the GPH Ports Redevelopment, among numerous other hotel projects.