UDC steps up efforts to offload downtown Kingston property
The Urban Development Corporation (UDC) is seeking to offload another lot in downtown Kingston as part of its redevelopment plan.
The latest parcel of land put up for sale is at Lot 2d, Newport Drive, Newport East, Kingston.
The 1.05 hectares (2.6 acres) which is zoned for commercial/industrial use lies within the UDC designated area, just along Marcus Garvey Drive opposite Seprod Limited. Marcus Garvey Drive is no undergoing a multimillion dollar refurbishing and widening which should make access to the property even easier.
The sale of the property is part of the UDC's Downtown Kingston and Port Royal Redevelopment Plan, which provides focus on industrial development in selected areas with adequate utilities and transportation access.
According to the UDC, interested investors should submit offers as stipulated in the Information Memorandum Document available on its website.
The document will also be available at the UDC downtown Kingston office, as of tomorrow between the hours of 9 a.m. and 4:30 p.m., Monday to Friday, upon payment of a non-refundable fee of $2,500.00 by cash or manager's cheque.
Proposals should be labelled "Proposal for Lot 2D Newport Drive, Newport East,
Kingston" and addressed to the director, strategic sourcing & procurement department.
The UDC says proposals must be deposited by Tuesday, July 26, 2016 no later than 10 a.m., in the tender box, at the ground floor of its headquarters at the Office Centre Building, 12 Ocean Boulevard, Kingston Mall.
"Proposals submitted after this time and date will be automatically rejected," said the UDC.
Opening of proposals
The opening of proposals will start at 10:15 a.m. on the same day on the at the UDC Office.
The UDC says it is spearheading a multi-agency approach to the development and rejuvenation of areas in downtown Kingston and Port Royal.
The collaborative effort aims to arrest physical and social blight within the development area and beyond to improve economic and social conditions.
The Corporation says it is also defining the capital city's status as the seat of government.
"Through strategic partnerships, work continues to improve physical infrastructure where possible, creating the impetus for public/private investments and facilitating a safe and secure environment. The ultimate aim is to create an atmosphere that is as inclusive as it is diverse, with amenities which attract both Jamaicans and visitors and provide services accessible by all," says the UDC.