Wed | Jun 26, 2019

Terra Nova to roll out high-rise condos

Published:Sunday | February 3, 2019 | 12:13 AMAvia Collinder/Business Reporter

The Hussey family, owners of the Terra Nova hotel, has tapped architects Clifton Yap and Outram Hussey to design a new high-rise for luxury condominiums that will be sold to investors.

The new development to be called ‘The Residences at Terra Nova’ is slated for lands adjacent to the hotel.

Christele Harris, Director of the Terra Nova All-Suite Hotel, said the project cost is estimated upwards of US$25 million, and would be the first luxury condominium development in Kingston to feature a ‘club’ concept. The Residences will share the high-end amenities of the hotel, she said.

Application for planning approval is pending, but the Husseys are aiming for the third or fourth quarter of this year to launch construction, and completion of the project “in 18 months from groundbreaking,” Harris said.

As to the specific number of floors: “I can confirm it will be a high-rise. However, we will need formal approval from Civil Aviation Authority Jamaica in order to disclose that concretely,” she said.

The Husseys are the latest investors in Kingston to tap into the condominium concept. Evan Williams’ R Hotel is already complete and Kevin Hendrickson is also designing a 28-floor tower that is expected to have around 18 floors for condos in proximity to the former Wyndham hotel property that he is in the process of redeveloping.

The “indicative prices” for the Terra Nova condos range from US$233,000 to US$470,000, Harris said.

Terra Nova Managing Director Ruth Hussey said in a release that the residences would share the same luxurious features as the hotel.

The development, when complete, will include concierge service, 24-hour doorman, and three levels of parking, Harris said.

The architects have also included an infinity pool on the roof deck in the design.

avia.collinder@gleanerjm.com