The government’s holding company, NICIL, has announced that Windsor Estates, which has developed a housing community at Providence on the East Bank of Demerara, will be moving to the East Coast to develop a similar housing community.
In a statement today, NICIL announced that the sod for the project will be turned on Thursday.
The Developer of Windsor Estates, Danny Sawh, will be spearheading the new project.
Although details are to be revealed at the sod turning, the project is expected to be similar to the one on the East Bank of Demerara and will see the construction of several high-end homes and condos in a gated community.
This is the third consecutive week that NICIL will be involved in a sod-turning exercise in the Ogle community.
Last week, the sod was turned for a US$100 Million Hilton Hotel project and the week before that, there was a similar sod-turning for a US$75 Million AC Marriott Hotel project.
NICIL which owns the lands in the area is pushing to develop a business and traveler oriented community at Ogle, where there is an international airport and where the Exxon company is currently building its headquarters.