Thursday, May 15, 2014

PROComm owners to build $280-m office complex

Bryan Morris (third left), principal of Plexus Limited, architects for Phoenix Central, shows the plans to the implementation team after the signing on Monday at PRODEV’s offices. From left are: Errol Spence, principal of Berkeley & Spence; Hubie Chin and Jean Lowrie-Chin, directors of PRODEV; Hugo Matthews, lead architect at Plexus; Roberto Clivio and Mark Chin, directors of Islandwide Construction Limited.
Report from the Jamaica Observer
 http://www.jamaicaobserver.com/business/PROComm-owners-to-build--280-m-office-complex_16616203

The owners of local communications firm, PROComm, has gone into real estate development with its first office complex at Phoenix Avenue set to break ground on May 19.
Through PRODEV, Jean Lowrie-Chin and Hubie Chin inked adeal with Islandwide Construction Limited to build the $280 million, three-storey complex.
"Phoenix Central will be the future home of PROComm," noted Jean. "While we have grown to love our current location of over 30 years at 6 Kingsway, we had invested in 2 Phoenix Avenue many years ago with the intention of moving our offices there. We plan to retain five of the 16 units."
She continued: "As we saw the various residential developments taking place on Kingsway, we decided that the time was right to take this big step, so we hope to develop an apartment complex as soon as we move to our new location next year."
The complex, which will be named Phoenix Central and which will accommodate alternative energy solutions, was designed by architects Plexus Limited, while Berkeley and Spence provided quantity surveying services.

Wednesday, May 7, 2014

Phoenix Central office complex to break ground



Kingston, Jamaica – May 6 2014: Jean Lowrie-Chin and Hubie Chin, owners of PROComm, have formed a new real estate development company, PRODEV.  The company’s first project – Phoenix Central - will be a professional complex located at 2 Phoenix Avenue, Kingston 10.  The construction contract was signed on Monday May 5, with Islandwide Construction Limited, following the necessary approvals from NEPA, NWA, KSAC and the Real Estate Board; ground-breaking is scheduled for May 19.
Phoenix Central was designed by architects Plexus Limited, while Berkeley and Spence provided quantity surveying services.  The J$280M project is a unique three-storey design which will accommodate alternative energy solutions. 
READY TO ROLL: The implementation team for the new office complex Phoenix Central after signing (l-r) Errol Spence, Principal – Berkeley & Spence Quantity Surveyors; Hubert Chin, Director – PRODEV; Bryan Morris, Principal, Plexus Limited – Architects; Noel Chin, son of the Directors; Jean Lowrie-Chin, Director – PRODEV; Hugo Matthews, Lead Architect – Plexus; Roberto Clivio and Mark Chin, Directors – Islandwide Construction Limited and Anita Chin, Company Secretary. Groundbreaking for the project will take place on May 19.
“Phoenix Central will be the future home of PROComm,” noted Jean.  “While we have grown to love our current location of over 30 years at 6 Kingsway, we had invested in 2 Phoenix Avenue many years ago with the intention of moving our offices there. We plan to retain five of the 16 units.”
She continued: “As we saw the various residential developments taking place on Kingsway, we decided that the time was right to take this big step, so we hope to develop an apartment complex as soon as we move to our new location next year.
Principal of Plexus Limited Bryan Morris says his firm is delighted that the project is unfolding at a good pace: “Phoenix Avenue is an excellent location, and we are proud of the work of our lead architect Hugo Matthews who has created an excellent design that will become an iconic landmark in this fast-developing area.”
Realtor Anya Levy
The Realtor for the development, Anya Levy of Remax Elite, has received positive responses from prospective buyers.  “The range of office sizes makes this attractive to various types of businesses,” she commented.  
 “The contemporary design, strategic location and amenities offered have made it very appealing to investors.”