- The Courtyard Marriott at Pointe Seraphine is currently under construction. (Total investment - EC$113M).
- At Canelles Micoud, construction of two (2) luxury all-inclusive hotels has started and is ongoing. (Total investment - EC$1B).
- Cabot Saint Lucia at Gros Islet- I am pleased to report that after extensive discussions and renegotiations with the developer, this project is expected to provide mutual benefits.(Total Investment - EC$405M).
- The Cas En Bas Beach Resort in Gros Islet – a 90-unit hotel to be managed by Hyatt. (Total Investment - EC$31.8M).
- Sandals - The new rooms at Halcyon Beach Club are complete and a new Village concept resort at Sandals Regency La Toc comprising 20 suites is under construction and is expected to be completed in 2024. (Total investment –EC$68M).
- Work on the renovation, refurbishment, and revitalisation of the former 334 room-St. James Club is continuing, to be named “Secrets Resort and Spa Saint Lucia”. (Total Investment –EC$216M).
These ongoing investments total over EC$2.8 Billion.
Pierre also highlighted proposed new projects, the Sod Turning Ceremonies for which will happen “before the year’s end”.
“The Grand Hyatt Hotel in Sabwisha will finally begin with a new investor. Roadworks on a new by-pass road will begin next month and a formal Sod Turning Ceremony will be held by the end of May 2024 and the total investment is EC$810M,” Pierre said.
The other investments eyed for a commencement before the year is out are:
- A’ILA Resort & Spa Saint Lucia at Mount Pimard (Total investment – EC$ 2.3B).
- “Cote de Reve” at Black Bay, Laborie. (Total Investment – US$180million/ EC$489M).
- A resort development on the Reduit Beach - After months of protracted negotiations, Sunwing Group (Royalton) and Rex Resorts Group will finally begin construction of a 500-room ultra-luxurious resort offering both European Plan (EP) and all-inclusive accommodation options. (Total investment –EC$540M).
These proposed investments into the country’s tourism infrastructure total more than EC$4.1 Billion in investment revenue.
Citizens also await further announcements regarding the Global Ports Holding development of the Port Castries and Soufriere Waterfront.
This project will require dredging at Pointe Seraphine, the building of a boardwalk from San Soucis Bridge to the Vendors Arcade, rebuilding and expanding the Vendors Arcade, building of finger piers at the Arcade, demolition of the old Customs Building and rebuilding of a new Customs Building, creation of parking lots, construction a Fishermen’s Village at Banananes and the total upgrade of the Soufriere Waterfront. The total Investment is set at US$50m/EC$135m.