Kintyre Holdings (JA) Limited says its signature residential development, The Chalet, planned for Bengal Beach in Discovery Bay, St Ann, has received full regulatory approvals and is ready for execution.

In a release, Kintyre announced that the project has been approved by the National Environment and Planning Agency (NEPA), the St Ann Municipal Corporation, and other required regulatory bodies.

“This approval milestone significantly increases our strategic options,” said Tyrone Wilson, Chairman and CEO of Kintyre Holdings. “We now have a fully approved, well-designed north coast development with the documentation in place to move decisively.”

According to Kintyre, the project was initially approved in 2022 for eight units, but after securing additional capital, the development team submitted for an expanded design of 26 units, which has now been fully approved. The approved mix comprises 16 one-bedroom residences and 10 two-bedroom residences, the company said.

Artist impression of The Chalet, Kintyre Holdings’ development in Bengal Beach, Discovery Bay, St Ann.

Kintyre also confirmed that full infrastructure works have already been completed, and the next stage of development would move into the foundation phase, subject to the strategic route selected.

Set above the coastline at Bengal Beach, The Chalet is designed to capture the area’s natural advantages—private beach access and panoramic ocean views—while offering a product built for today’s lifestyle and investment demands, Kintyre said, noting that the development is intended to appeal to buyers seeking an investment property, a getaway home, or a permanent residence, supported by amenities such as a pool, gym, and co-working space designed for remote workers and the digital-nomad market.

The projected development cost is approximately J$900 million (approximately US$5.8 million).

With approvals secured and project documentation in place, Kintyre says it is contemplating two immediate pathways: An immediate sale of the fully approved project, inclusive of approvals and drawings; or a partnership/collaboration that will bring the funding required to complete construction and deliver the project.

Kintyre confirmed that Tyrone Wilson has assumed the role of Chairman and CEO of Parallel Real Estate Ventures Limited, strengthening executive oversight of the real estate holdings.

Artist impression of The Chalet, Kintyre Holdings’ development in Bengal Beach, Discovery Bay, St Ann.

Wilson’s responsibilities at Kintyre have also expanded, as he serves as chairman and CEO of Visual Vibe, and has recently taken on the role of chief investment officer to drive disciplined capital allocation across the portfolio.

“Real estate is a core pillar of Kintyre because it builds durable value and supports Jamaica’s broader economic momentum,” said Wilson. “Our job is to create world-class assets that stand up locally and compete globally—then choose the right pathway: build, partner, or monetise.”

Kintyre also expressed appreciation to StudiOH Core (architects and project managers), Randy Mattis, and the wider team and partners supporting execution.

The company said the milestone strengthens its real estate execution track record and enhances the strategic value of its development pipeline, while keeping options open to either monetise the project immediately or complete it through a funded delivery pathway.