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Confusion over size of Salt Cay development
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| Published on Monday, February 8, 2010 |
Email To Friend Print Version | There seems to be some confusion over the size of the new Salt Cay Sixth Senses Development as proposed by Devco CEO Stefan Kral.
On three occasions, one local television station has indicated that the development is a 60 million dollar investment but newspapers have indicated the size at 200 million dollars.
This discrepancy may stem from the development being multi-phase.
Mr Kral indicated twice on Peoples TV that the development will be low density. He said the small 40-room hotel on a 40-acre lot will have suites with one, two and three bedrooms. Each of 13 private residences will be located on individual 2-acre lots.
“There will be an outdoor cinema, which will show classic movies. Public beach access will be assured,” Kral said.
He also promised that the White House and other historic sites would be preserved.
Kral indicated his concern for future development. “There must be control of the land,” he said, going on to explain, “...after we build low density development, someone may come along and build a high rise.”
This concern has been echoed many times by the National Trust. The pristine, large undeveloped island of Middle Caicos has residents concerned that high rise development could spoil its fabric.
A later Devco phases on Salt Cay will include a golf course and spa. One item which remains uncertain is the possibility of a central marina. In the original plan, this marina would have been sized for mega yachts.
The central pond would require extensive dredging for this purpose and a cut in the reef and shoreline, which would effectively cut the island in two. The last elected representative of Salt Cay, Floyd Seymour, had spoken out expressing disapproval of this portion of the previous plan.
The status of the lease ownership of the land on which the golf course is located is alsol an open question for the Interim Government to decide. The former Premier’s brother, Chalmers Misick, who was granted rights to the land, has reportedly never been given title. In the meantime, Governor Gordon Wetherell has indicated that the status of all land leases in the TCI is subject to scrutiny by his administration.
The latest plans for Salt Cay are subject to the approval of the government’s Planning Department and Kral has stated that he will be patient and wait for official approvals.
It is customary that, to obtain approvals for this type of development, private developers are usually required to provide public infrastructure, which usually includes roads, utilities and public access that in this case could include a dock for landing materials and supplies. | | | | Reads : 193 |
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