PORTLAND is set for a major commercial transformation with the planned development of a $4.2-billion urban centre in Boundbrook, Port Antonio.
According to Factories Corporation of Jamaica (FCJ) Chairman Lyttleton Shirley, the Boundbrook Urban Centre will serve as the anchor for a broader redevelopment strategy for the town on Jamaica’s north-eastern coast regarded as the birthplace of the island’s tourism industry.
“This development is about creating job opportunities, about building space, and about the fusion between public and private sectors in one campus to enhance efficiency. It’s a demonstration of how both sectors can co-exist effectively,” Shirley said at the April 3 contract-signing ceremony at FCJ headquarters in New Kingston.
A total of $2.8 billion has been earmarked for construction of the development which will cover 6.68 acres and include 148,000 square feet of commercial space, with 6,500 square feet dedicated to business process outsourcing operations.
It is expected to create hundreds of jobs and boost Port Antonio’s tourism and economic infrastructure from government offices and private sector businesses that will be housed there, serving as a hub for commerce, entertainment, and essential services.
Despite no formal advertising, over 127 per cent of the available space has already been committed, signalling strong demand from prospective tenants.
The Boundbrook Urban Centre is expected to mirror the approach of the Morant Bay Urban Centre, which is in its final stages of completion and ready for phased handover. The Portland project is currently in phase one of a two-phase development. Phase two will be located on adjacent railway lands facing the sea, with construction anticipated to begin shortly.
The development is being spearheaded by FCJ in collaboration with equity partners Barita Investments Limited and National Commercial Bank Capital Markets Limited. The construction is being carried out by China Harbour Engineering Company and is projected to take approximately 24 months.
“This is an excellent example of the good that can be done when the public sector finds a way to collaborate effectively with the private sector,” said Barita Investments CEO Ramon Small-Ferguson.
He described the project as a milestone transaction for both the parish and the wider Jamaican economy and noted that the project could serve as a blueprint for similar developments across the island.
“Jamaica is in a different phase. Projects like these were just a dream several years ago. Now, they’re becoming commonplace,” he added.
https://www.jamaicaobserver.com/2025...ntre-portland/
According to Factories Corporation of Jamaica (FCJ) Chairman Lyttleton Shirley, the Boundbrook Urban Centre will serve as the anchor for a broader redevelopment strategy for the town on Jamaica’s north-eastern coast regarded as the birthplace of the island’s tourism industry.
“This development is about creating job opportunities, about building space, and about the fusion between public and private sectors in one campus to enhance efficiency. It’s a demonstration of how both sectors can co-exist effectively,” Shirley said at the April 3 contract-signing ceremony at FCJ headquarters in New Kingston.
A total of $2.8 billion has been earmarked for construction of the development which will cover 6.68 acres and include 148,000 square feet of commercial space, with 6,500 square feet dedicated to business process outsourcing operations.
It is expected to create hundreds of jobs and boost Port Antonio’s tourism and economic infrastructure from government offices and private sector businesses that will be housed there, serving as a hub for commerce, entertainment, and essential services.
Despite no formal advertising, over 127 per cent of the available space has already been committed, signalling strong demand from prospective tenants.
The Boundbrook Urban Centre is expected to mirror the approach of the Morant Bay Urban Centre, which is in its final stages of completion and ready for phased handover. The Portland project is currently in phase one of a two-phase development. Phase two will be located on adjacent railway lands facing the sea, with construction anticipated to begin shortly.
The development is being spearheaded by FCJ in collaboration with equity partners Barita Investments Limited and National Commercial Bank Capital Markets Limited. The construction is being carried out by China Harbour Engineering Company and is projected to take approximately 24 months.
“This is an excellent example of the good that can be done when the public sector finds a way to collaborate effectively with the private sector,” said Barita Investments CEO Ramon Small-Ferguson.
He described the project as a milestone transaction for both the parish and the wider Jamaican economy and noted that the project could serve as a blueprint for similar developments across the island.
“Jamaica is in a different phase. Projects like these were just a dream several years ago. Now, they’re becoming commonplace,” he added.
https://www.jamaicaobserver.com/2025...ntre-portland/
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