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.
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