ATL/Sandals breaks ground on state-of-the-art US$50 million BMW centre and hotel in Kingston
Speaking to Loop News earlier Friday at the ceremonial groundbreaking ceremony, ATL/Sandals CEO Adam Stewart said: “We purchased this 5-acre plot of land from Digicel and it will now be home to our BMW/ Mini dealership where you can see our technicians working on vehicles. We intend to have it open to the public in November of this year.
“On the same lot will be a 220-room A.C. by Marriott hotel. This will be a European Plan ( EP) city hotel and the idea is to get visitors to get out and about and visit the splendid sites of Kingston. As you know we are renown for our all-inclusive hotels but we want our visitors in our E.P. hotel to get out and about and visit what the country has to offer and partake in Jamaica’s vibrant lifestyle. This hotel will be open in November 2018, just in time for the winter season.”
Stewart, who sits on the Economic Growth Council, went on to say that he was very upbeat about the Jamaican economy and was impressed with the level of investment coming into the country. He further added that last year his group of companies had invested US$50 million in Jamaica.
Still on the investment theme, Stewart told the audience that Sandals will begin work on its presently mothballed Dragon Bay hotel in Portland this year. This will be a US$100 million project which will employ 700 people in the construction phase. When opened, the hotel will employ 500 people. It will be a 175- suite 6-Star EP family hotel. The hotel is expected to be open in 2019.
Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Daryl Vaz told Loop News: “This US$100 million Dragon Bay project is a major investment in Portland and the ATL/Sandals Group investments in Jamaica for 2017-19 signifies confidence by both local and foreign investors in Jamaica.
“We are moving the country from poverty to prosperity and will make Jamaica a country of potential and stability. I will be making sure that investors who place confidence in Jamaica will not be frustrated.”
At the ceremony on Friday, Vaz quipped that all the tireless work he has been putting in to good effect, should merit he be promoted from Minister without Portfolio to a full ministerial position. He added that he was not a man of talk but a man of action who gets things done.
Prime Minister Andrew Holness added that progress made to date on the economy was encouraging and that policies and plans put in place for the economic growth and stability of the country had to go across party lines and that an investor should be assured that whatever party is in power, their investment will be facilitated and made safe and secure.
He also took the opportunity to declare that Daryl Vaz’s hard work had not gone unnoticed and that he is a believer in rewarding dedicated and hard work.