Greater Bernard Lodge Development (PHASE III & UTC)
|Mode of Procurement||Public-Private Partnership (PPP)|
|Project Sponsor(s)||SCJ Holdings Limited (SCJH)|
|Description and location||
The Greater Bernard Lodge project seeks to create the ideal municipality where there exists for citizens, a high standard of living, sound environmental management and affordable quality housing which all create sustainable socio-economic environment.
Greater Bernard Lodge Phase III ( Residential)
The tender process was launched on 28 September 2022 and included three (3) residential lots and two (2) light industrial lots. Of the ten (10) bids received, only one (1) developer was identified for one of the residential blocks. The Ministry of Economic Growth and Job Creation is finalizing the Cabinet Submission to approve the provisional preferred bidder. Commercial close is anticipated by the end of the second quarter of Financial Year 2023/24.
Greater Bernard Lodge Phase IIIa Residential and Phase IIIa Light Industrial
The tender process was launched on 13 February 2023 and included two (2) residential lots and two (2) light industrial lots which were being retendered. At bid submission deadline six (6) bids were received. Three developers were identified as the provisional preffered bidders for the four development blocks. The cabinet submission for approval is currently being drafted. Commercial close is anticipated by the second quarter of financial year 23/24.
Greater Bernard Lodge Phase III Urban Town Centre (UTC)
The DBJ relaunched the tender process for Phase III Urban Town Centre (UTC) in November 2022. The bid submission deadline was 30th May 2023. Evaluations are currently under way. Commercial close is anticipated during the fourth quarter of Financial Year 2023/24.
|Estimated Capital costs/development expenditures||N/A|
|Sources of revenues||Proceeds of Sale of Lots|
|Expected life of the project||N/A|
|Environmental Sustainability & Resilience features||Master Plan prepared by the National Environment & Planning Agency (NEPA); NEPA and other regulatory approvals required before development by each investor.|