Church launches $100-million Barbican housing development
A church group last week officially launched a $100 million town house complex in Barbican, having sold all but one of the two-bedroom units priced at $21 million each.
King's Manor Townhouse Development, a gated community on just over half-an-acre or approximately 2,018 square-metres of land at 15 King's Drive in Barbican, is the product of a joint venture -- Kings Manor Development Company Limited (KMDC) -- between Boulevard Baptist Church and Jamaica Baptist Union. Construction work began on July 22, 2013, and practical completion is scheduled for the third week of February.
The development is comprised of five two-bedroom, two-and-a-half bathroom townhouse units situated on 1,630 square-foot lots. Features include a guard house, an enchanting front garden, a back patio, internal laundry area, solid surface kitchen counter tops and ceramic tiles. Each unit has two parking bays assigned.
KMDC hosted a tour and blessing of the complex last Sunday. The ceremony featured a keynote address by Earl Jarrett, general manager of Jamaica National Building Society, and remarks by Minister without Portfolio in the Ministry of Transport, Works and Housing, Dr Morais Guy.
KMDC chairman Hugh Reid, who presented a project overview, noted that the visionary behind the project is Boulevard Baptist Church Pastor Reverend Dr Devon Dick.
"The project vision was to make a contribution to the housing needs of Jamaicans and also to provide an income generating asset for the church by converting property situated at 15 King's Drive, the former Boulevard Baptist church manse, into a townhouse development," Reid explained.
He noted that the original design was for three-bedroom units but the project was redesigned to two-bedroom units based on cost considerations. Funding for the housing development was provided by the church and the National Housing Trust, which approved an interim construction loan in June 2012, Reid said.
The construction project team is comprised of Taylor Architects, Burrowes & Wallace, Quantity Surveyors, Surrey Paving & Aggregates Co Ltd., land surveyor Ainsworth Dick and structural engineer Carl Chin.
It's the first such project for the Boulevard Baptist Church. Reid, who is a member of the church, told Sunday Finance last year that the success of King's Manor world determine whether the church would explore further development projects.
"What you will find is that the extent of our involvement would be based on the success of this particular venture. We will see how that goes," he said.
Reverend Dick on Friday revealed that there is only one more unit available for sale, having received subscriptions for three already. One unit will be retained by the church.