Mon | Dec 18, 2017

New apartment complex for Vineyard Town

Published:Sunday | November 26, 2017 | 12:00 AM

 

The Hall family, who are connected to both church and kennel operations in Vineyard Town, have set their sights on a new project involving the delivery of living space to professionals in one of Kingston's oldest communities.

The Halls are investing $650 million in the development of Deanery Road Apartments on a

1.83-acre property at 50A Deanery Road. It will comprise a mix of 80 studio and two-bedroom units, and complemented by 103 parking spaces, according to Hugh Scott of Asco Project Consultants Limited, the engineers and project manager for the project.

 

TARGETING MID-INCOME EARNERS

 

Scott said the units are targeted mid-income earners, who can access NHT benefits to finance their purchase. The expected selling price for the units was not disclosed.

Designed by architectural firm Rivi Gardner & Associates Limited, the apartments will span two blocks, each of which will rise five-storeys high. The development will be gated.

Scott said construction should begin by the second quarter of 2018. The Halls are using a Special Purpose Vehicle for the project, the name of which was also not disclosed, and will finance the development with bank loans and financing sources, Asco Project Consultants said.

avia.collinder@gleanerjm.com