In collaboration with Invest Saint Lucia (ISL), government agencies have launched two significant residency investments that will dramatically boost the island’s hospitality industry and advance crucial sustainable development projects.
The government is resolutely pursuing the establishment of a sustainable economy capable of supporting a vibrant public and private sector. These projects will drive capital investments, facilitate the adoption of cutting-edge technologies, and promote industry diversification-critical components of the global investment chain.
To support these objectives, the Ministry for Tourism, Investment, Creative Industries, Culture, and Information, in partnership with Invest Saint Lucia (ISL), conducted a vital half-day meeting at the Harbor Club Saint Lucia on August 21 to unveil new development projects to key stakeholders. The session, themed “Investing in National Development,” underscored the government’s unwavering commitment to national growth by aligning sustainable investments with strategic national priorities.
Two transformative projects were prominently showcased during the event:
– Marquis Estate Holdings Inc: This large-scale, mixed-use development, led by ATLAS Group—a renowned engineering, construction, and project management firm—aims to revolutionize the estate into a regenerative valley that seamlessly merges tourism, agriculture, wellness, housing, and education. It prioritizes sustainability, embraces Blue Zone living principles, and empowers the local community.
– Harbor Club Residences: Developed by the Caribbean Hospitality Management Group (CHMG), this luxury residential project is set to significantly enhance the social and economic landscape of the island. As the first high-end residential offering in the heart of Rodney Bay, it is meticulously designed for discerning clients seeking a premium lifestyle in their property choices.
Both projects are poised to make a substantial impact on the residential real estate market in Saint Lucia while actively driving the island’s growth and economic trajectory.
“Our goal with the Marquis Estate is to create a harmonious community where tourism, agriculture, and education thrive together,” stated Inci Apkinar, Chief Architect with Atrium Design and Management.
“We are fully committed to sustainable practices that uplift the local economy and empower our residents,” he affirmed.
Echoing this sentiment, Wes Hall, Executive Chairman and Owner of Harbor Club Saint Lucia, remarked: “The Harbor Club Residences will set a new standard for luxury living in Saint Lucia. By combining world-class amenities with a dedication to community development, we are determined to make a significant contribution to the island’s growth narrative.”
The Caribbean residential real estate market is on a steep upward trajectory, serving as a vital driver of national development by promoting economic advancements, enhancing social well-being, and improving the overall quality of life. The shift in client preferences towards more luxurious and high-end properties is propelling increased demand in this sector.
Furthermore, there is a notable trend of international buyers investing in Caribbean real estate, which is accelerating market growth.
Tourism Minister Dr. Ernest Hilaire emphasized the critical nature of these initiatives in shaping the island’s economic future, stating, “Saint Lucia is witnessing a surge in interest that is amplifying demand for our destination.”
He added, “One of our tourism sector’s most pressing challenges is the lack of available accommodations, limiting our ability to welcome visitors. Thus, the introduction of these new developments is of utmost importance.”
The minister concluded, “Today marks a pivotal investment in the future of Saint Lucia by enhancing our tourism offerings. The Marquis Estate and Harbor Club Residences underscore our strong commitment to culture and innovation and represent significant advancements toward achieving a resilient and sustainable tourism industry.”
ISL reaffirmed its commitment to facilitating these developments, viewing them as essential pillars of the island’s National Vision and Development Plan.
Together, these projects are set to diversify Saint Lucia’s economy, attract high-value investments, and elevate the island’s global profile in sustainable tourism and luxury real estate.