Sat | Dec 10, 2016

Portmore cinema project shelved, space pitched at IT operators

Published:Friday | January 16, 2015 | 12:00 AM
Portmore businessman, Ransford White. (at left)

A multilevel building, once constructed for a movie theatre at the Portmore Pines shopping complex, is now being offered as space for information technology and communication businesses.

More than 10,000 square feet is available for IT space use in the plaza complex, according to Michelle Marius of Jampro's Knowledge Services Unit. Marius says the investment promotion agency is in the early stage of discussions with potential tenants.

The complex is owned by Ransford White. A representative of White's company, Mount Royal Developments Limited, said their preference is for an overseas client. She also confirmed that the space being offered includes the building originally slated for a movie house, which was planned for the second and third floors of a three-storey building.

The cinema would have been complemented by lounge and food court areas on the second floor. The ground floor has nine shops.

Back in December 2011, White said he had invested $300 million in the movie house project and was then seeking a lessee, but the cinema never materialised.

White's theatre project came seven years behind the exit of cinema company Palace Amusement, which operated a movie theatre at Portmore Mall up to 2004. He declined comment for this story.

Jampro said last week that potential investors toured the space in December and that it is up to White to negotiate a deal.

avia.collinder@gleanerjm.com