Sale of Section 1, Lot 12 Portmore Town Centre
LOT FOR SALE – PORTMORE, ST.CATHERINE
The Urban Development Corporation (UDC), invites proposals for the Acquisition and Commercial Development of Section 1, Lot 12 East Trade Way, Portmore Town Centre, St Catherine.
The property is located on the south-eastern side of Exchange Avenue, in a commercial subdivision known as Portmore Town Centre. The lot has an area of 2.587 acres with a road frontage of 97.77 metres along Exchange Avenue and an average north-west/southeast depth of about 87.92 metres.
Applicants are invited to submit offers in accordance with the procedures stipulated in the Information Memorandum Document (IMD). The IMD is available on the UDC’s website at http://www.udcja.com/investments-opportunities, as of June 22, 2020, and also at the address
below between the hours of 9:00 a.m. and 4:30p.m., Monday to Friday or upon payment of a non-refundable fee of $3,500.00 by cash or Manager’s Cheque payable to the Urban Development Corporation.
Proposals should be labelled “, Request for Proposal Sale of Section 1, Lot 12 East Trade Way, Portmore Town Centre, St Catherine and addressed to:
Strategic Sourcing & Procurement Department
7th Floor Urban Development Corporation
12 Ocean Boulevard
Kingston Mall, Kingston
Proposals must be deposited by Tuesday, August 4, 2020 no later than 10:00 a.m., in the appropriately labelled Tender Box, located on the Ground Floor of the Office Centre Building, 12 Ocean Boulevard, Kingston Mall. Proposals submitted after this time and date will be automatically rejected.
The opening of proposals will commence at 10:15 a.m. on the same day on the Ground Floor of the Office Centre Building.
The Urban Development Corporation reserves the right to withdraw this opportunity at any time. The Corporation also reserves the right not to accept the highest or any offer submitted.