Caribbean News
Ground Broken for $2.1-Billion Housing Development in Kingston
#Kingston, December 20, 2023 – Sherbourne Limited will soon be bringing its $2.1-billion residential development, Kingston Two Apartments (K2), to market.
Located in Bournemouth Gardens, Kingston 2, the 10-storey residence, for which ground was broken on Tuesday (December 19), will feature 119 units, ranging from studios to two-bedroom apartments.
These will comprise 54 studios – 374 sq. ft., 28 one-bedroom units – 738 sq. ft, 35 two-bedroom units – 827 sq. ft, and 2 two-bedroom super units on the ninth floor– 1,201 sq. ft., all with waterfront views of Kingston Harbour.
Amenities include a gated entrance, 150 parking spaces, an outdoor entertainment deck, ground-floor lobby and lounge, roof terrace with a fitness centre and pool, an onsite wastewater system, backup generator for common areas and water storage tanks.
BYD Construction is the contractor for the development, which is expected to be completed by the fourth quarter of 2025.
In his keynote address, Prime Minister, the Most Hon. Andrew Holness, said globally, waterfront properties are among the highest value real estate, noting that the Government, recognising this, has begun to stimulate the development.
“Along Port Royal Road, we have put in a new revetment, a new sea wall, we have increased the boardwalk, and the intention is to do that development coming all the way along this roadway here, Norman Manley Boulevard, going all the way down to [Sir] Florizel Glasspole Drive, going down to the airport. Eventually, you are going to have a lovely facility which we call a linear park. You can jog on it, just leisure, have meetings and it will be there for the entire use and benefit of the community,” the Prime Minister detailed.
He explained that the intention is to pull people to the waterfront in an environment that is safe and gives utility for recreation.
“Once that starts to happen, it will help to change the character of the area. That, I’m certain, will add value to the development that you are doing,” Mr. Holness said.
The Prime Minister, who endorsed the K2 residential development, said he is certain that other enterprising developers are looking on to see how it turns out, “and if it is successful, East Kingston and Port Royal, as a destination for housing development, will take off”.
For his part, Member of Parliament for Kingston East and Port Royal, Phillip Paulwell, noted that K2 is a significant
development for the eastern end of the capital city.
“We have given the investors our assurance that I want to see this project developed as a model for the Corporate Area. We ask that where there is employment of skilled and unskilled people, we be given the first priority,” Mr. Paulwell said.
Meanwhile, Director of Sherbourne Limited, Michael Lake, shared that the starting prices range from $16.2 million, $28.8 million, and $34.6 million, for studios, one-bedroom and two-bedroom apartments, respectively.
“The vast window openings within each unit will provide each homeowner with an uninterrupted view of the beautiful harbour,” he said.
Mr. Lake added that K2 provides an opportunity for Jamaicans to invest in real estate that typically provides the greatest capital appreciation.
Contact: Judana Murphy
Release: JIS
Photo Captions:
Header: Prime Minister, the Most Hon. Andrew Holness (third left), participates in Tuesday’s (December 19) ground-breaking exercise for Sherbourne Limited’s $2.1-billion Kingston Two Apartments (K2) development in Bournemouth Gardens, Kingston. He is joined by (from left) Chief Executive Officer of BYD Construction, Richard Xin; Principal Director, Aerocon Construction/Island Homes, Richard Lake; Member of Parliament, Kingston East and Port Royal, Phillip Paulwell; Director, Sherbourne Limited, Michael Lake; and Chief Executive Officer, Lake Group, Lisa Lake, Kingston.
Insert: Prime Minister, the Most Hon. Andrew Holness, delivers the keynote address during Tuesday’s (December 19) ceremony to break ground for Sherbourne Limited’s $2.1-billion Kingston Two Apartments (K2) development in Bournemouth Gardens, Kingston.
Photographer: Donald De La Haye
Caribbean News
Sandals Resorts and Beaches Resorts celebrate a night of wins, and take home a total of 16 titles at the 32nd Annual World Travel Awards
Providenciales, Turks and Caicos Islands (October 6th, 2025) – CaribCon, the Caribbean conference celebrating culture, innovation, and creativity, will welcome some of the region’s most influential voices to its inaugural edition in the Turks and Caicos Islands. The event, set to be a dynamic gathering of thought leaders and cultural icons, will feature impactful panel discussions, inspiring and intimate fireside chats and a flow of knowledge from some of the Caribbean’s brightest and best in the creative sector.
Elizabeth “Lady” Montano
Jamaica’s own Dr. Terri-Karelle Johnson, celebrated communications specialist, media personality, and global keynote speaker, will headline CaribCon as the official keynote speaker. Known for her ability to connect authentically and inspire audiences worldwide, Dr. Reid will share her insights on Caribbean identity, storytelling, and the power of representation in shaping global narratives. Another highlight of CaribCon will be the presence of Elizabeth “Lady” Montano, mother and former manager of soca superstar Machel Montano. Lady will launch her award-winning book, King of Soca, in which she is positioned as the ultimate insider, chronicling the evolution of one of the Caribbean’s most iconic entertainers. She will also share her invaluable experiences on nurturing talent, building a brand, and sustaining longevity in the competitive music industry in an intimate fireside chat. Adding further star power to the event is Simon Baptiste, CEO of Question Mark Entertainment, co-founder of ODOS, a global collective network spanning over 1000 professionals in 35 countries, film director, talent manager and creative strategist. Baptiste will bring his expertise to conversations on shaping the region’s creative sector and talent.
Simon Baptiste
“CaribCon is where the Caribbean’s voices, ideas, and creativity converge,” says Omega Simmons, founder of CaribCon and CEO of SOS Media. “Having leaders like Terri Karelle, Lady Montano, and Simon Baptiste share their stories and expertise truly embodies the spirit of this event. Their presence reinforces the power of Caribbean culture to inspire and influence on the world stage.” CaribCon will take place at the Shore Club in Providenciales, the Turks and Caicos Islands, from October 23rd to 26th. Attendees can look forward to networking opportunities, panel discussions, and meaningful dialogue to foster an ecosystem that develops the region’s creative sector and propels it onto the global stage.
Sponsors are:
Signature Experience Partners: Ministry of Tourism, Experience Turks and Caicos, and The Shore Club.
Other sponsors: PPID, Invest TCI, InterCaribbean Airways, Subtronic Sounds, Spotlight Communications.
Hotel partners: Ocean Club Resorts, Waterloo Hotel Management, The Somerset on Grace Bay and Ports of Call Resort.
For more information, tickets, and updates, visit www.caribcon.co or follow @caribconhq on all social media platforms.
For more information please email: contact@caribcon.co
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