construction

A New Way of Building in the Caribbean

Gulf Land Structures Acquires LQT Industries Assets

Gulf Land Structures, the region’s leading modular construction firms, has acquired the living quarters assets and repair and maintenance business of LQT Industries, Caribbean Journal Invest has learned. The assets, acquired from Dynamic Industries, are in various locations throughout the …

How to Build — Anywhere — in the Caribbean

By Alexander Britell As an island region, the Caribbean isn’t the easiest place to build. And even within the Caribbean, construction takes place in extremely remote destinations — particularly offshore or private islands with little to no infrastructure and …

Sarah New on Recruiting for Hospitality and Construction in the Caribbean

Even amid the pandemic, the Caribbean construction industry is ploughing ahead, with more and more projects underway, particularly hotel projects. And that means it’s more important than ever to find the right people for the right jobs. The same …

A New St. Regis Resort Just Broke Ground in the Caribbean

By Alexander Britell The newest St. Regis resort project in the Caribbean has broken ground, Caribbean Journal Invest has learned. This story is part of Caribbean Journal Invest, the authority on Caribbean hotel, real estate and tourism business news. …

The State of Dominican Republic Real Estate

By Joe Pike, Special Contributor Anders Bogebjerg, owner and founding partner of real estate company Group Palmera in the Dominican Republic, began his company in 2013 with just one villa. Before his company started renting the Punta Cana villa …

Matt McDonald on What’s Next for the Andaz Turks & Caicos Project

By Joe Pike, Special Contributor Andaz Turks & Caicos Residences at Grace Bay, a new, boutique hotel and residential resort situated along Grace Bay Beach, is already gaining interest among investors despite not expecting to open until the end …

Goldwynn Residential Resort Relaunches Construction in Nassau

The 160-unit Goldwynn development on Nassau’s Cable Beach has resumed construction as part of The Bahamas’ phased reopening. The luxury beachfront residential resort called The Residences at Goldwynn is set on prime frontage of New Providence’s signature beach. It’s …

Construction Relaunches on Dart’s OLEA Project in Grand Cayman

Dart Real Estate has officially resumed construction on its OLEA real estate project in Grand Cayman’s Camana Bay. The project is the first-ever for-sale residential community in Camana Bay, a large mixed-use development that has become a town square …

Gulf Land Structures’ Josh Vice on Modular Construction in the Caribbean

Whether there’s a significant storm and it’s time to rebuild, or a developer is trying to build on a remote Caribbean location, there’s one essential need that isn’t easy to find: housing for the workforce. Since 2007, Gulf Land …

Bahamas’ Margaritaville Resort Project Relaunching Construction

By Joe Pike, Special Contributor A spokesperson for the Nassau Paradise Island Promotion Board told Caribbean Journal Invest (CJI) on Thursday that the much-anticipated Margaritaville Beach Resort in Nassau, The Bahamas will resume construction on May 11 with plans …

The Turks and Caicos Construction Industry Is Reopening

The construction sector is reopening in the Turks and Caicos Islands, according to the British Overseas Territory’s government. Turks and Caicos’ Deputy Premier will be leading the reopening of the sector, which officially took effect May 11. All construction …

Turks and Caicos Begins Phased Reopening; Borders Remain Closed

Turks and Caicos Islands has begun a phased reopening of the British Overseas Territory. Crucially, the reopening will not yet affect travel — meaning international travel to Turks and Caicos will remain closed until at least June 1, according to …

How Coronavirus Is Affecting Caribbean Hotel Projects

By Joe Pike, Special Contributor More than 130 hotel projects have been delayed in the Caribbean due to the ongoing coronavirus (COVID-19) pandemic, said Frank Comito, CEO and director general of the Caribbean Hotel and Tourism Association (CHTA). Comito, …

Dominican Republic, Cuba Leading Caribbean Hotel Boom

Sometimes it seems as if there’s a new hotel project launching in the Caribbean every week. And that’s because the Caribbean continues to see rapid growth in hotel development, led by the region’s traditional trio of high-volume travel destinations. …

Windstar Cruises Continues $250M Fleet Upgrade

By the Caribbean Journal staff Windstar Cruises has announced the cutting of the first steel on the transformation project of its MS Star Legend cruise ship. The company is redesigning and upgrading the ship as part of a $250 …

Supply Growth Pressuring Caribbean Hotel Performance

By Rico Louw CJ Contributor July marked the Caribbean’s fourth-straight month with a decline in hotel occupancy, and for the second month in a row, we saw a rather steep decline because of lower demand and a rise in new …

Caribbean-Mexico Hotel Construction Keeps Booming

By the Caribbean Journal staff Hotel construction in the Caribbean-Mexico region continues to boom, according to the latest numbers from analytics firm STR. The latest pipeline data for the Caribbean-Mexico region showed 31,968 rooms in construction across 155 projects …

Caribbean-Mexico Hotel Construction Booming

By the Caribbean Journal staff Hotel construction is booming in the Caribbean and Mexico right now, according to new data from analytics firm STR. The number of hotels in construction in the wider region is up 30.7 percent year over …