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Sagicor breaks ground for commercial project in Portmore

Joanna Banks, Executive Vice President at Sagicor, responsible for Strategy and Business Development
By Javaughn Keyes 
 
Sagicor Group has broken ground for an $8.4 billion development in Portmore, St. Catherine.
 
Joanna Banks, Executive Vice President at Sagicor, responsible for Strategy and Business Development, says the Portmore Promenade will provide a multiplicity of commercial space in the Bernard Lodge area.  
 
"We're introducing approximately 300,000 square feet of commercial space, creating a vibrant ecosystem that not only encourages business activity but also stimulates local economic growth. We also plan to introduce a diverse mix of commercial offerings from retail and dining to professional services designed to meet the dynamic needs of our community with convenience and variety," she said.
 
In addition to a gas station, bank and medical centre, a business process outsourcing (BPO) facility will be built. 
 
Green spaces and the use of renewable energy will also be integrated.
 
The project is expected to generate more than 1,500 jobs.
 


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