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DBJ Infrastructure Conference UDC Transforming the Landscape of Downtown Kingston through Urban Renewal

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DBJ Infrastructure Conference

UDC Transforming the Landscape of Downtown Kingston through

Urban Renewal

VISION, MISSION & GOAL • Vision: To be the leading urban sustainable development agency in the

Caribbean. Mission: To fulfil our role as the nation’s main urban development agency and facilitator.

• Goal: To bring to market shovel ready projects that create a positive economic impact.

MAJOR CURRENT INVESTMENT & DEVELOPMENT PROJECT AREAS

1. Downtown Kingston - New Buildings • Multi Storey Parking Garage • Office Complex • Apartment Complex

2. St Catherine • Naggo Head Tech Park (BPO/ICT) • Fort Clarence Beach Park • Portmore Town Center 5 lots for ICT or Factory Space • Cotton Polyester Textile Factory

3. St Ann • Ocho Rios • Runaway Bay Prime Beach front 11acre lot • Cardiff Hall 21 acre property

4. Montego Bay • Close Harbour Beach • Seaside at Rose Hall • Catherine Hall Entertainment Complex

DOWNTOWN KINGSTON DEVELOPMENT ZONES

There are 17 Development Zones 1. Business District 2. Cross Roads 3. Cultural District 4. East Kingston 5. Heroes Circle and Environs 6. Industrial Mixed Use 7. King Street Corridor 8. Market and Commercial District 9. Midtown, South Side and Tel-a-viv Housing Renewal 10. Parade 11. Parliamentary District 12. Port Royal Protected Area 13. Port Royal & Harbour Street Corridors 14. Town of Port Royal 15. Up Park Camp 16. Waterfront 17. Kingston Harbour

DOWNTOWN KINGSTON MASTER PLAN

Master Plan major focus areas are: • Multi modal transport hub • ICT/BPO Centre • Waterfront Entertainment and Hotels • Marina and Cruise Ship Pier • Multi-Storey Parking Garage • Office Complex • Apartment Complex

TAX INCENTIVE PROGRAMME BOUNDARY

• Urban Renewal Bond • Investment Tax Credit • Tax Free Rental Income • Exemption from Transfer Tax and Stamp Duty

DOWNTOWN KINGSTON- CURRENT SITUATION

• Festival Marketplace- Phase 1 completed • Grace Kennedy Complex- Started • Ministry of Foreign Affairs - Started • UN House Development-Started • Caribbean Place - Started • Lifestyle Centre - Planned

DOWNTOWN KINGSTON- CURRENT SITUATION

DOWNTOWN KINGSTON – NEW BUILDINGS

• Parking Garage-Office-Apartment • Site 1: Port Royal Street Multi-

Storey Parking Garage • Site 2: Port Royal Street Office

Complex • Site 3: West Street Apartment

Complex • Concept & Basic Planning complete • Outline Approvals from NEPA, NWA,

NWC, JNHT obtained • Financial Investment Consultant-

Proposals Invited • Expect each package to be market

ready by September 2017 • Private Sector then to be invited to

submit proposals

SITE 1: MULTI-STOREY PARKING GARAGE

• 792 spaces • Ground floor curb side commercial shopping spaces • Energy Efficient LED Lighting and Solar Panels as well as

Windmills on roof for Generating Electricity • Grey water recycling also to be incorporated in design

SITE 2: MULTI-STOREY OFFICE COMPLEX

The multi-storey office building will be designed to work in conjunction with the multi-storey parking garage, it will consist of:

• Gross usable space amounting to 120,000 sq. ft

• Twelve stories of contemporary office space

• Full exploitation of the roof for renewable energy as a primary objective for the reduction of operating costs by incorporating photo voltaic cells, wind turbines and a grey water recycling program.

SITE 3: APARTMENT COMPLEX • 5 tower 8-storey mixed use complex • Condominium apartments • Commercial space on the street level • 114 Parking spaces • Gross Area approximately 189,000 sq. ft.

Multi-storey parking

Office Development

Residential Development

Location of Craft Market Food Bazaar

OTHER AREAS FOR URBAN RENEWAL

UDC will be focusing on other acres for Urban renewal while utilizing the unproductive assets through: • Sale • Lease and development • Public, private partnerships

PORTMORE TOWN CENTRE

• 5 Lots in Portmore • Located beside the Dyke Road

after Causeway • Individual Lots available for

sale • Development plans must be

submitted with bids • Each lot has been valued • Selected Investor will be on

basis of • Price Offered • Development Plans • Economic Impact

Expected • RFP documents are available

online @ udcja.com.

NAGGO HEAD TECH PARK The UDC plans to partner with the Factories Corporation of Jamaica (FCJ) to develop a 26-acre technology park in Naggo Head, St Catherine. Some of the key features are expected to include: • Minimum of 750,000 square feet hosting

such buildings as: o ICT/BPO office space o Training Facility o Conference Rooms o Software and Content Development

office • Approximately 6,500 seats and up to 12,000

jobs. • On-site power generation with excess

capacity sold back to the national grid • Telecommunications providers will supply

last mile connectivity • The infrastructure will reflect modern

commercial building trends and amenities will be state of the art to include access control and electronic surveillance and ample parking.

COTTON POLYESTER FACTORY • The property comprises 24.124

acres with total building area of 188,103.25 sq. ft. in three main structures.

• This site provides the opportunity for UDC to be catalytic in converting into ICT/BPO space as a PPP or JV.

• The property is located 1.1 km southwest of the Old Harbour Police Station

• 35 minutes of downtown Kingston by the highway

• 20 minutes of Portmore.

FORT CLARENCE BEACH • Currently the only Licensed Beach serving KSA & St. Catherine • UDC Completed Master Plan to guide development • Outline Approvals from NEPA, NWA, JNHT obtained • Private Sector invited to submit Commercial proposals to Develop and

Manage the Complex • Request For Proposals (RFP) documents are available for interested

investors • Fort Clarence upgrading will feature:

• Eatery • Meeting/event facility • Picnic areas • Playground • Great Salt Pond Lake Attraction (Crocodile Sanctuary)

FORT CLARENCE BEACH

FORT CLARENCE BEACH

FORT CLARENCE BEACH

OCHO RIOS

The renewal will feature the following: 1. Marina upgrade and development 2. Continuation of the Promenade

project 3. Jetty Renovation 4. Ocho Rios Bay Beach upgrade 5. Multi-storey car park 6. Festival village

RUNAWAY BAY PRIME BEACHFRONT LOT

• 11 Acres available for Sale • Suitable for Resort Development • Development plans must be

submitted with bids • Selected Investor will be on basis of

• Price Offered • Development Plans • Economic Impact Expected

• RFP documents are available online @ udcja.com

CARDIFF HALL 21 ACRES

• Suitable for Resort Development • Available for Sale • Development plans must be submitted with bids • Selected Investor will be on basis of

• Price Offered • Development Plans • Economic Impact Expected

• RFP documents are available online @ udcja.com

CLOSE HARBOUR BEACH Establishing and maintaining a green space is of high importance to accomplishing sustainable development for the city of Montego Bay.

SEASIDE AT ROSE HALL • UDC/Rose Hall Development Jointly

owns 23 acre prime beachfront property

• 8 Lots available for sale • Suitable for Hotel/Resort

Development • Located opposite the Montego Bay

Convention Centre • Adjacent to the Shoppes of Rose Hall • Development plans must be

submitted with bids • Selected Investor will be on basis of:

• Price offered • Development Plans • Economic Impact Expected

• RFP documents are available online @ udcja.com

CATHERINE HALL ENTERTAINMENT COMPLEX • Internationally renowned

entertainment complex • Ideal Location for Entertainment • Current Site for Reggae Sumfest • UDC Completed Master Plan to guide

development • Outline Approvals obtained • Private Sector invited to submit

proposals to Develop and Manage the Complex

• Request For Proposals (RFP) documents are available on-line @ udcja.com

UDC FUTURE • Focus on urban town & major project planning &

development with positive economic impact • Sustainability will be emphasized • Private Sector Partnership will be the order of the day

CONTACT US

The Office Centre Building 12 Ocean Boulevard

Kingston 656-8031

www.udcja.com [email protected]

[email protected] [email protected]

www.facebook.com/urbandevelopmentcorporation