LE PARADIS BEACH & GOLF RESORT
ST. LUCIA, WEST INDIES

Click image to enlarge master plan

1) LAND ACRES & PROPERTY:
a. Purchase of freehold land, May 2004 (554 acres)
b. Signing of leasehold land, Nov 2004 (54 acres)
    Queen’s chain (Adjoining freehold)

SUMMARY:

 
Le Paradis is the first Branded Master Planned Luxury Resort Community on St. Lucia. A spectacular 554-acre ultra-exclusive multi-phased luxury residential resort community, and will encompass a Starwood-Westin Hotel, Greg Norman 18 hole championship signature golf course, 15,000 sq ft International branded spa, 25,000 sq ft of conferencing facilities, marina and marina village, five star boutique hotel, commercial center and upscale boutique shopping. St. Lucia is poised to explode upon the world scene as the premier Golf, Spa & Yachting destination in the entire Caribbean and brands like The Westin, Ritz Carlton, Raffles Resorts and other world renowned resort operators have plans to open their doors on this Gem of the Caribbean-St. Lucia. The real estate releases will include luxury condominiums, golf estate home sites, villas, luxury penthouses, marina residential and marina slips; all with views of the ocean and bay. With Norman’s acclaimed course framing the resort, the tropical paradise will be the premier
address on St. Lucia and one of the most luxurious in the Caribbean.

1A) PROJECT STRENGTHS:
 

1) Location: 20 minutes away from the International Airport - Hewennorah;
2) Topography: The land rises from 0 to 620ft above sea level as such every piece of property has a view of the ocean or bay;
3) Brands: Starwood Westin; Greg Norman 18-hole signature championship course with all holes having spectacular views of the ocean and bay and managed by Troon Golf;
4) Incentives worth over US$ 100,000 in value;
5) Four and a quarter (4 ¼) kilometers of coastline;
6) One of the most protected bays on the Island. Praslin Bay is protected by a system of an
interlocking reef system, no ocean swells enters bay;
7) One (1) kilometer of beach;
8) Three (3) stunning elevated peninsulas form part of the Le Paradis coastline with dramatic cliffs and natural rock features;
9) Off shore island’s nature reserves forming the nesting habitat for many exotic bird species;
10) Spectacular underwater marine life & magnificent dive sites

2) SUMMARY OF PROJECT:

 
PHASE 1A: (APPROX 31 ACRES) Completion September 2008
STARWOOD WESTIN MANAGED HOTEL: Center Facilities comprising of 108,000 SQ. FT. including:
• Front of House
• Back of House
• 25,000 sq ft of Conferencing Facilities encompassing a Ballroom & Outdoor pavilions
• Restaurants
• Westin Kids Club = Total 1,500sq.ft.
• Westin Workout Fitness Center = Total 1,200sq.ft.
• 2 No. Floodlit tennis courts
• Pools, Bars & Landscaping
• Beach front water activities center
• Rental Program Condominiums: (245 Keys)
     * 18 No. 1 Bedroom Condominiums 950 sq. ft. internal
     * 97 No. 2 Bedroom Condominiums 1650 sq. ft. internal
     * 11 No. 3 Bedroom Condominiums 2300 sq. ft. internal

B) INTERNATIONAL BRANDED FOUR STAR PLUS HEALTH SPA:
Health Spa = Total 15,100sq.ft. ( 9,123sq.ft. within Phase 1A, remainder to be completed within Phase 1C )
• Central Amenities
• Retail
• Salons
• Relaxation Areas
• 26 No. Treatment Rooms/ Cabanas

C) GOLF COURSE AND FACILITIES (192 ACRES):
Designed by Greg Norman Golf Design, including:
• 18 Hole Par 72, 7104 Yard Championship Course with elevations ranging from Sea level to 620 ft. above sea level
• Constructed by White Golf
• 5000 sq. ft. Club House at an elevation of 275 ft above sea level
• 7100 sq. ft. cart storage building
• 9100 sq. ft. maintenance building
• 95 acres fully automatic irrigation system

PHASE 1B: (APPROX 26 ACRES) Completion September 2009:
A) Adjacent to Phase 1A sharing hotel amenities including:
• Central Clubhouse Facility include:
Reception area, Offices, Fitness Suite, Bar, Restaurant, and Pool
• 24 Multi-tiered Luxury Penthouses
     * Average 3,500 sq ft (ac internal)
     * Average 1,800 sq ft (external balconies)
• 24 Home sites (Average 0.33 - .50 acre home sites, both hilltop & ocean side elevations)

PHASE 1C: (APPROX 17 ACRES) Completion September 2009:
A) STARWOOD WESTIN MANAGED HOTEL, An extension of Phase 1A including:
• Additional Pools, Restaurants & Landscaping
• Rental Program Condominiums (335 keys)
     * 14 No. 1 Bedroom Condominiums 950 sq. ft. internal
     * 126 No. 2 Bedroom Condominiums 1650 sq. ft. internal
     * 23 No. 3 Bedroom Condominiums 2300 sq. ft. internal

PHASE 1D: (APPROX 148 ACRES INCLUDING ROADS):
The development of 200 No., 0.5 acre building lots, situated on the upper reaches of the development between150-600 ft. above sea level.

The proposal is to initially sell the individual building lot home sites. To encourage the purchasers as part of the covenant documents to entrust the design project management and construction of each of the properties to DCG Limited. This is to avoid design conflict but more importantly to provide the purchasers with the assurances for ease of construction, taking into account all covenants, planning, financing and taxation waiver benefit. It anticipates property design will range from 3000-6000 sq. ft.
That DCG will provide various selections of design and finishes for the varying sq. ft. sizes of property from which clients can select with associated budget guidelines. This will ensure early build out of the development and avoid home sites being left un-developed.
Purchasers willing to self-design and construct will be controlled by the design and construction covenants.

PHASE 2: (APPROX 36 ACRES): Completion April 2010
Extending West of Phase One, the Phase Two encompasses the remainder of the Praslin Bay to create a Marina, Commercial and Retail Zone, together with Waterside High Class Residential Properties, including & Five Plus Star Boutique Hotel:

A) FIVE STAR PLUS BOUTIQUE HOTEL:
• 125 bed Marina 5/6 star hotel complex: 140,000sq.ft.
• 125 rooms averaging 500 sq ft
• Front of the house and back of the house facilities
• 6,700 sq ft conferencing/meeting rooms
• Sports Bar and Dining lounge
• Specialty Restaurant & Bar
• Poolside Restaurant & Bar
• Aquatic activities center
• Fitness center & motion studies
• 9300 sq ft of health spa inclusive of:-
     * Salons
     * Retail
     * 12 treatment rooms
B) MARINA & MARINA VILLAGE (69,500 SQ FT):
• Marina- 42 berths of varying lengths catering up to 6 No. 200 ft mega yachts; remaining
average 80 ft. Each berth to include full service connections
• Crew land based amenities
• Customs and Immigration land based amenities
     * Supermarket (Landside)
     * Gas Filling Station (Landside)
     * Restaurants (Beach & Landside)
     * Bars (Beach & Landside)
     * Boutique Shops (Quay and Landside)
     * Retail Outlets, Banks etc. (Landside)
     * Office Spaces (Landside)
It is considered that all commercial and retail will be constructed shell and core only with fit out by leaseholders.
D) MARINA RESIDENTIAL:
• 45 Marina Residential units with 2, 3 and 4 floors averaging 1800 sq ft (ac) + balconies
• 10 Marina Residential units with 2,3 and 4 floors averaging 2400 sq ft (ac) + balconies

PHASE 3: (APPROX 51 ACRES) Completion April 2012
A) GOLF LODGES:
Within the vicinity of the Golf Course Club House at an elevation of 275 ft., the proposal to develop 32 No. golf lodges serviced from the Club House location.

Each golf lodge would be an average size of 4000 sq ft internal space plus balconies and comprise of 4 No. master bedrooms with central shared facilities, including pool and landscaping. For the purposes of calculations it is considered that the properties would be straight freehold sales although the alternative of fractional ownership would be a consideration.
B) HILLSIDE PENTHOUSES:
Situated on the upper reaches above the coastal road at elevations of between 140-200 ft. The proposal to develop 2 No. separate gated communities with a total of 160 residential units, the development would include:
• Central club house facilities with reception, offices, fitness center, pool, restaurant, bars, and
amenity shops
• 160 Hillside penthouse apartments averaging 1800 sq ft internal + balconies
• Parking and Landscaping

PHASE 4: (APPROX 9 ACRES): EMPLOYEE RESIDENTIAL VILLAGE
• 100 studio one bed apartments averaging 450 sq ft Considered to be lease/rental through housing association
OPERATIONAL ELEMENTS OF THE DEVELOPMENT:
* 580 key Westin Condo Hotel; four plus star;
* 125 key core room Boutique Hotel; five plus star;
* Troon managed 18-hole Greg Norman championship golf course;
* Estate Management (All private homes & residential excluding hotel complexes);
* Marina water based;
* Utilities (Water & Sewerage Company) private;
* Marina Village; 69,500 sq ft leased property;