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Gore to spend $15 billion on new residential development

Gore

Gore Developments Limited (GDL) is slated to launch its newest housing development — Montego West Village in Fairfield, St James on January 2, 2016.

The indicative cost of the three-phase housing scheme is $15 billion. It will be developed on 223 acres acquired one year ago in December 2014, Chairman Phillip Gore said Monday.

Phase one of the project comprises approximately 217 houses ,for which handover is expected to commence in September 2016, for completion in March 2017.

“Phase 2 and 3 will continue thereafter, with the entire project being completed in December 2021,” Gore said.

Published in the Observer
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