Re­al­tors An­tic­i­pate Ben­e­fit from Obama Visit

The Star (St. Lucia) - - REGIONAL - Ja­maica Gleaner

Charles H. Mur­phy III, real es­tate dealer based in Lit­tle Rock, Arkansas, is con­fi­dent that Pres­i­dent Barack Obama’s visit to Ja­maica will strengthen com­merce, trade and op­por­tu­ni­ties for US-Ja­maican busi­ness part­ner­ships, es­pe­cially as it re­lates to his own in­vest­ment with Ja­maican part­ner Keith Rus­sell.

Re­al­is­ing the in­cred­i­ble ap­peal and nat­u­ral re­sources of this coun­try, Mur­phy’s in­vest­ment in the is­land with Rus­sell be­gan more than 15 years ago with a dream to trans­form Trelawny in a way that would earn the parish the ti­tle of Ja­maica’s third city.

To date, the de­vel­op­ers have in­vested more than J$ 5 bil­lion to ac­quire some 800 acres of land in the vicin­ity of Dun­cans, Trelawny. They have ob­tained all rel­e­vant ap­provals, mak­ing it the largest shovel-ready re­sort project on Ja­maica’s north coast. It was quite fit­ting that the pro­pri­etors sought to name this new town­ship devel­op­ment, Amaterra - Latin for ‘love of the land’.

“Amaterra has been a col­lab­o­ra­tive vi­sion of my part­ner Charles and I for a very long time. We are heart­ened and en­cour­aged by Pres­i­dent Obama’s visit to Ja­maica and the up­com­ing talks with our prime min­is­ter, es­pe­cially as it re­lates to tourism, re­new­able en­ergy and other as­pects that can fur­ther strengthen the ties be­tween our two na­tions,” said Rus­sell.

“I have had a dy­namic and pro­duc­tive re­la­tion­ship with my col­league Charles, whose ex­per­tise com­ple­mented our vi­sion in cre­at­ing the Caribbean’s first pre­mier re­sort town­ship devel­op­ment. I am proud to work with him, and I en­cour­age other Amer­i­cans to look to our is­land and our peo­ple as vi­able prospects for busi­ness and com­mer­cial part­ner­ships,” he con­tin­ued.

With five kilo­me­tres of ocean-front prop­erty, Amaterra Ja­maica Limited pro­poses the devel­op­ment of the first allinclu­sive re­sort town­ship in Ja­maica. Less than 30 min­utes from the Don­ald Sang­ster In­ter­na­tional Air­port in Mon­tego Bay, Amaterra will be home to a num­ber of five-star ho­tels, res­i­den­tial lots, ex­clu­sive town houses, mid-rise apart­ments, con­do­mini­ums and re­tire­ment hous­ing so­lu­tions. Guests and res­i­dents will have the op­por­tu­nity to utilise an 18-hole par 72-course plays, cham­pi­onship golf course over­look­ing the Caribbean Sea. This golf course is in­tended to at­tract re­gional and in­ter­na­tional golf cham­pi­onships. The pro­pri­etors also in­tend to build a marine park for the preser­va­tion of ex­ist­ing coral reefs and ecosys­tems.

The devel­op­ment will also in­clude a com­mer­cial cen­tre, recre­ational, ed­u­ca­tional and med­i­cal fa­cil­i­ties, pro­vi­sion of lots for faith-based in­sti­tu­tions, and the estab­lish­ment of a re­new­able green en­ergy sup­ply. Gov­ern­men­tal and so­cial ser­vice fa­cil­i­ties such as po­lice, fire sta­tions and a trans­port cen­tre have also been fac­tored into the over­all devel­op­ment of Amaterra.

Lo­cal Ja­maicans, the di­as­pora and tourists will have the op­por­tu­nity to visit Taino/ Arawak burial grounds as well as Ste­wart’s Cas­tle, an 18th cen­tury, cut­stone man­sion - an iconic fea­ture of Trelawny’s his­tory. Ad­di­tion­ally, Amaterra will be the lo­ca­tion of the first out­door am­phithe­ater with an ad­join­ing state-of-the-art tech­nol­ogy cen­tre with the ca­pac­ity for in­ter­na­tional tele­con­fer­enc­ing fa­cil­i­ties. It is ev­i­dent that Amaterra seeks to fill the so­cial and eco­nomic gap that cur­rently ex­ists in north­west­ern Ja­maica. The project seeks to break ground within the next six months.

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