National Hotels and Properties Limited (NHP), a wholly-owned subsidiary of the Urban Development Corporation (UDC), has today completed the sale of its 71,865,384 ordinary stocks units or 59.81% of the issued shares in Pegasus Hotels of Jamaica Limited (PHJL) to hotelier Mr. Kevin Hendrickson for the amount of US$11 million. The share sale and purchase transaction, which is the culmination of a public bidding process in which Mr. Hendrickson was the successful bidder, has been approved by Cabinet.
The Urban Development Corporation (UDC) launched the Tax Incentive Programme for Urban Renewal (TIP) in Spanish Town at Emancipation Square on Wednesday, October 27. Introduced to Spanish Town during 2008, the programme was formally launched to increase awareness and to stimulate use in the development of Spanish Town and it’s environs.
The Urban Development Corporation (UDC) managed Jamaica Conference Centre (JCC) is the Caribbean’s leading Meetings and Conference Centre for 2010.
This award was presented at the 17th staging of the World Travel Awards held at Sandals Whitehouse, Westmoreland on October 22, 2010, the culmination of votes from 180,000 travel professionals worldwide.
The Urban Development Corporation (UDC) is currently leading a team of core government agencies to transform the town of Falmouth and its environs as it develops into a cruise ship destination.
The agencies involved in this partnership include the Port Authority of Jamaica, National Works Agency, Tourism Product Development Company, Social Development Commission, Jamaica National Heritage Trust, the Trelawny Parish Council, and the HEART Trust NTA.
Greater Portmore Primary and Camperdown High Schools copped the top prizes valued at $25,000 each and the winning trophies, in their respective categories, for participating in the Urban Development Corporation’s (UDC) “2010 Hellshire Schools Enviro Competition”. The awards were presented at the 4th Annual Hellshire Enviro Fair, held at Two Sisters Caves on October 7, 2010.
Patrons looking for exciting locations to visit, while maintaining a tight budget, can take advantage of the special Reach Falls package now being offered at the Urban Development Corporation (UDC) managed attraction in Portland. This special offer is available to groups who pre-book ahead of their visit to Reach Falls and allows for two complimentary tickets for every group of 10 or more persons. This offer is valid up until November 30, 2010.
The Urban Development Corporation has opened an office in Falmouth, Trelawny to support its developmental mandate in that town and its environs.
The office which is located at 4 Rodney Street is headed by Senior Portfolio Manager, Howard Barrett and supported by Community Integration Manager, Yvonne Brown and a team of urban planners and support staff. The office will also ultimately serve as an information hub for residents and visitors alike.
For 21 year old Shelly- Ann Mills, 30 years is a long time, but she can certainly identify with having fun and that is what she associates with the Hellshire Summer Fun event.
The event is a project spearheaded by the Urban Development Corporation (UDC) and involves a treat for approximately 1000 children, each year, from age 6 months to early adulthood. The children are taken from protective and childcare institutions from across the Corporate Area.