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West Coast Blog: "Apes Hill Grinds To A Halt" - http://shar.es/ObGA - #Barbados mbmb btamb cbmb
less than a minute ago from ShareThis.com
KNRX

not really uptodate with what is happening there - hope for the islands sake they havent made too much destruction before they stopped !!!

I think a load of building sites with a pile of half built concrete or craters in the ground would actually be worse than the buildings being completed !!!

Apes Hill fights back - blasts West Coast Blog's post: "Apes Hill Grinds To A Halt" - http://shar.es/1WYHx - #Barbados
5 minutes ago from ShareThis.com
KNRX

Looks like they are realising the over development of the island is not paying off!
Pity they didn't realise that before they allowed the St Peters Bay condos to be built!

Well done KNRX – looks like you’ve got someone’s attention. Methinks they doth protest too much .

HA HA HA! Perish the thought of protest - methinks they do seize the opportunity for some FREE Internet advertising. Doesn't read like somebody in their sales department was up all night working on it? I guess it only proves that despite their billions, even COW and his minions aren't above grabbing the proverbial free lunch.

wow - someone had their marketing department on overtime I like the reference in the reply to Barbados Government and TV for sources who is telling the truth

From todays Advocate http://www.barbadosadvocate.com/newsite ... ewsID=6805

Ground broken on housing project

10/19/2009

By Randy Howard

THE high-end segment of the multi-million dollar Apes Hill residential development project has gotten under way.

This was revealed last week by James Burdess, Sales Director of Moonwalk Construction Inc., the developers of the “Moonshine Ridge” segment of the much-talked- about St. Thomas project.

Burdess told Business Monday at a site visit to mark the commencement of the construction of the company’s show home, that when completed in approximately five years’ time, the project, which is being developed on an area of about 25 acres, will have a total sales value of between US$150 million (Bds$300 million) and $160 million (Bds$320 million).

He stated that 31 lots are being developed for sale, with each lot being between a half acre and an acre, with the houses being built on them ranging from approximately 4,200 square feet to 9,500 square feet.

The lots themselves are priced between $975,000 (Bds$1.9 million) and $2,250,000 (Bds$4.5 million), but once the homes are completed, Burdess indicated that the entire property will cost between $3.5 million (Bds$7 million) to $8 million (Bds$16 million), inclusive of land and home.

As mentioned earlier, this is the high-end segment of the Apes Hill project developed by local businessman Sir Charles Williams, and as a result possesses the larger lots.

Burdess stated that they had completed the purchase of the area this time last year, and spent the last 18 months developing the master plan, developing the drawings and the home sites.

The purpose of the site visit therefore was to announce now that we’re breaking ground with the show home, and realising the information about the development to all the agents locally, while they will also be an international campaign.

“Obviously things have been difficult in the world of the last 18 months, but we’re out building and the project is underway”, he said.

He stated that they have been involved in other high-end projects in Barbados, and indicated that the shareholders have, collectively, significant experience in real estate development in the Caribbean, Europe, and other regions across the world.

“Everyone that’s involved in this project has a home in Barbados, and loves Barbados first and foremost, so it’s come as a result of that fact. We came and looked at Apes Hill, we thought it was absolutely fantastic and that’s why we bought into it.”

The Sales Director stated that normally they would not do a public launch like this one, however, they felt that it was important in times which aren’t so great, to show that there is development still happening and that they are still moving ahead with the project.

He argued that the project is going to result in considerable employment, making the point that “the important thing to remember is that although they maybe 30 or 40 direct jobs created by the actual construction of one, two, or three houses, it’s the multiplier effect of all the downstream businesses; all the suppliers, the subcontractors, etc.”

He indicated that it is all Barbadian labour being utilised on the project, and that they are using a local construction firm.

I wonder if they realize that the story reads (to me at least) that it will take 5 years to complete the show/model home Hope the investors are not hoping for a quick turn around on their bucks.

olphogey, are you saying that the editors at the Advocate newspaper are warning off potential investors with maybe faulty grammar?

oldphogey wrote:I wonder if they realize that the story reads (to me at least) that it will take 5 years to complete the show/model home Hope the investors are not hoping for a quick turn around on their bucks.

5 years. I am cancelling my order.

Construction On Banyan Tree/Black Bess Golf & Villa Project Causing Local Headache - http://shar.es/aygSV

West Coast Blog: Banyan Tree/Black Bess Golf & Villa Going Nowhere - Really! - http://shar.es/ayYih - #Barbados

Allan Stanford is the culprit i hear

West Coast Blog: "Apes Hill Adds Nine More Holes" - http://shar.es/aImO9