Ongoing transaction

Project manager Betty Cathrow showing aspects of the property. (Picture by Nigel Browne)

Tue, June 29, 2010 - 12:00 AM

MORE church lands are either being put into commercial development by the clergy or bought by developers for high-end property development.
This 57-condominium project – Saint Peter’s Bay Barbados, funded by Jada Builders’ boss Bjorn Bjerkhamn and an American partner – went on sale in January. It sits on four acres of beachfront land at Road View, St Peter, adjacent to a 15 000 square foot tract owned by the Methodist Church in Barbados.
Project manager Betty Cathrow said the Methodists’ property is the subject of an ongoing purchase transaction between the church and Jada Builders for future development.

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Posted by Mary Cumberbatch 1 year, 10 months ago: what is the price of these condos ?

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Posted by amanda Wyndham-Gittens 1 year, 10 months ago: All these developers building the same ugly condominiums, that aren’t selling. Besides the fact that they are ruining the beachfront, they could at least have some taste and build less monstrous looking units! Not at all tropical. Visitors do not want these condos! They are not renting either! Let’s use our resources wisely and not ruin our beautiful coastline with this nonsense. At least when there are hotels being built, there is some benefit to the community.