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27 Storey Building approved, will be the tallest in Jamaica

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By Shanieka Smith

Features Writer

 

#Jamaica, June 17, 2022 – Jamaica is about to get its tallest building installed because full approval has been granted to local developer Stratosphere Development Limited to launch its construction. The soon-to-be tallest building in Jamaica will stand 27 storeys and is be located at 1B Oxford Road in St Andrew and will be called The Ascent at the Oxford, Sheer Luxury.

Stratosphere Development has impressed the Jamaica Fire Brigade, the National Environment and Planning Agency (NEPA), the Kingston and St Andrew Municipal Corporation (KSAMC) and the National Water Commission by paying keen attention to safety. As such, the project is expected to be completed by 2024. It will have three high-end components: a hotel, residential and commercial.

CEO of Stratosphere Development Limited, Littleton “Tanny” Shirley, said, “we are going to have an aquarium, [an] observatory tower that we expect to be the inspiration for not only the young but middle- and old-age to ascend and explore and see the beauty and the hills of Jamaica, and the landscaping. You will be able to see the mountains, and if you have a good binoculars, you might see Cuba. Also, what is transformational is that the clouds are magical, so you will be able to see what you want to see from the magic of the clouds,”

The developers will be building two massive blocks of parking towers to solve the issue of parking, and Shirley highlighted that at some point, he intends to raise the building to at least 27 storeys, which could be around 250 plus feet.

He added that the intention is not only to build the tallest building in Jamaica but also to transform New Kingston to trigger investment opportunities.

“Most cities are developed on the basis of high-rise buildings, and I think Jamaica is no different and I think it is time for Jamaica to benefit from global exposure. We have done so well in other areas — sports, tourism and music. It is full time for us to look at economic development to attract a global perspective on who we are,” he said.

Along with commending the Jamaican government for meticulously probing the details of the proposal to ensure safety for the people and the environment, Shirley added that there will be many benefits for Jamaicans in terms of work opportunities and inspirational value.

“It is not only for jobs, but it’s also for motivation — motivation for other contractors to say, ‘If this has been done, we can do it also.’ So, it will have a ripple effect across the country,” he said.

Jamaica Labour Party councillor for the Trafalgar Division, Kari Douglas, said there is excitement all around.

“I know there are persons who, because of a lack of understanding and information because it has never been done before, people might be a little bit nervous. People want to understand what the technicalities are surrounding the project, the infrastructure that exists, our water supply, drainage and sewerage infrastructure. What I can say is that from what I have seen and learnt from the information presented on the plan, it is definitely something to look forward to and has all the best, top-tier professional experts aligned sufficiently,” she added.

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Millions to come from FSC 

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Dana Malcolm 

Staff Writer 

 

 

#TurksandCaicos, March 17, 2023 – Revenue from the Turks and Caicos’ Financial Services Sector will more than double in the next few years, if E Jay Saunders, Deputy Premier and Finance Minister gets his way.  It ‘s one of the reasons the country is investing so much capital into getting off of the EU blacklist and becoming a secure trustworthy financial destination. 

“The FSC’s revenues for 2020/21 was $10.5M— the figures for 2021/22, would be about similar,” he said.  He further explained that $10.5 million from the FSC represented about 2.6 percent of the country’s 408.5-million-dollar revenue.  Though it increased to $14 million in the 2021/22 financial year, finance is still a small fry compared to tourism or even stamp duties but that will change, says Saunders. 

“My revenue goal for the Government by the year 2029 [or] the election after the next election – is $500M.  By that time, I want the financial sector (FSC) revenues to represent at least 5% ($25M).  So that’s my goal for the financial sector by 2029.” 

This goal, should it be met, would increase the Government’s revenue by 100 million dollars, a significant increase in spending power for local upgrades and improvements for Turks and Caicos residents and visitors. 

Saunders says it’s time for the TCI to diversify its sources of revenue to make sure that what happened in the COVID-19 pandemic, which saw residents out of a job for months, will not happen again.  Tourism now makes up around 80 percent of the country’s GDP.  The Minister of Finance wants to push that down to 60 or even 50 percent.  

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Debrief on Haiti Caribbean heads visit 

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Dana Malcolm 

Staff Writer 

 

 

#Haiti, March 17, 2023 – When a CARICOM delegation visited Haiti earlier this month, conspicuously absent was the Turks and Caicos Islands despite being one of the nations most directly affected by the multi-dimensional crisis there.  There is no comment, as yet from the Premier, to say why this was the case.  

Still, from the expedition, CARICOM heads of Government have informed that there will be lobbying in Africa for assistance in Haiti.  They say they have decided that the best course of action for the Caribbean country is to bolster the Haitian National Police and act as intermediaries with Africa and the world.  The decision follows a one day visit on February 27th, and a March 5th meeting chaired by the Bahamas. 

CARICOM says during the trip delegates ‘met with a broad range of Haitian stakeholders to hear their views on the way forward to a Haitian-led solution’. With that in mind it has made a decision on how to proceed.

“The Heads of Government agreed to support the Haitian National Police in their efforts to address the security situation.  The focus of the Community will be the provision of training for the HNP and the provision of humanitarian assistance to HNP and the wider Haitian society, taking into account the challenging humanitarian and security situation”

It’s not clear yet where and how this training will take place.  Also distinctly absent from the report, no more mention of boots on the ground from other countries despite CARICOM Member States indicating they were ready and willing should it come to that.

In addition, recognizing ‘the common historical experiences and the strong African-Caribbean relationship’ CARICOM says,

“Heads of Government also agreed to seek support from African countries for Haiti.  They also agreed to work with the Governments of Canada and the United States as well as the UNDP”

Magnetic Media has reached out to the Premier’s Office to get a full debrief of the February 27th visit (led by Jamaica; including The Bahamas and Trinidad and Tobago) to learn of Turks and Caicos’ posture following the critical sessions.  

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New ASHLEY’S LEARNING CENTRE CONCERT

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Dana Malcolm 

Staff Writer

 

 

#TurksandCaicos, March 17, 2023 – Musicians from the New World Symphony will be in the Turks and Caicos in concert next month and residents are invited to attend in support of the future of Ashley’s Learning Center.

A fairly young orchestral academy based in Miami, the New World Symphony was launched in the 1980s by 1987, Michael Tilson Thomas and Ted Arison,Carnival Cruises founder.  From the 1500 applicants who vie for a spot each year, the symphony accepts around 35 music graduates annually for training fellowships. 

A select few of those graduates will be in country on April 8th headlining at the Ashley’s Learning Center concert ‘We’re all in this together’.  The concert which also feature local artistes will be held at Brayton Hall on Venetian Road from 6 pm to 8:30 pm

Tickets are available ON ISLEHELP  $75 PER GENERAL SEAT $125 PER PREMIUM SEAT $195 PER GALLERY SEAT – with /FREFRESHMENTS. 

For TICKET RESERVATIONs you can call: 649-341-2304 or email  EVENTS@ASHLEYSLEARNINGCENTER.ORG 

 

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