Providenciales, 24 Sept 2014 – Seven stories used to be as high as the government would allow a developer to go in construction on the world renowned Grace Bay strip, now the Cabinet seems to have taken a turn to allow 12 storey structures to be built and has asked the governor to approve the change.
From the Cabinet minutes, the report is that the PNP Administration has Advised H.E. the Governor to amend the Development Manual to increase the maximum height of buildings on the island of Providenciales to a maximum 12 storeys on a minimum 5 acre parcel. While government had said there would be a consultative process, this appears to be a push forward on the idea as the interest for higher capacity resorts escalates for the Turks & Caicos. The release said the change should be effective immediately.
It was just ahead of the CTO’s State of the Industry Conference held last week in St Thomas, that Tourism Minister and Premier, Hon Dr Rufus Ewing talked about the $202 million, three-prong hotel and casino development on 11 acres of Grace Bay Beach under the RitzCarlton brand. The condominium-hotel development is the brainchild of Venezuela-based Desarollos Hotelco, which opened the Ritz-Carlton in Aruba last year.