Cabinet has approved the sale of a parochial road in Llandovery at a cost of five million dollars to Karisma.
This revealed at the monthly meeting of the St Ann Municipal Corporation on Thursday, October 12. The matter had also been reported in the September meeting when chairman of the SAMC, Michael Belnavis said the hotel company found it necessary to acquire the road for the multi-hotel development on their Llandovery Property.
The parochial road runs between properties to the North of the North Coast Highway at Llandovery and is not used by the public. The Council had recommended its sale to Cabinet, to facilitate the development.
Karisma Hotel and Resorts, a Mexican company, is expected to start a massive hotel development in Llandovery, St Ann, which is to be beneficial to thousand of Jamaicans seeking job opportunities.
According to chairman of the St Ann Municipal Corporation, Michael Belnavis, Karisma has committed that the project will start this year.
“The Karisma project is a major project. It is going to be whole new city right by the Llandovery area to include hotels, apartments, shopping centres and the ripple effect of that will be housing and other infrastructure,” explained Mr Belnavis to councillors at the monthly meeting.
He revealed that these hotels are “ultra-modern” and the development would “set the tone for what is to come for tourism along the coast.”
Additionally, Mr Belnavis disclosed that thousands of persons will be employed and the municipal corporation will seek to benefit from the new developments to come in Llandovery.
Among the benefits to the corporation, he said, would be property taxes.
