(From left) Michael Lake, managing director, Michael Lake & Associates; Dr. Morais Guy, Opposition Spokesman, Housing; Julian Robinson, Member of Parliament for St Andrew South Eastern; Andrew Holness, prime minister; Eric Hosin, president, Guardian Life Limited; Septimus Blake, chief operating officer, National Commercial Bank Limited, and Horace Chang, minister of national security, break ground for Guardian Life Limited’s The Cambridge, on Thursday, March 21.
GUARDIAN Life Limited, a subsidiary of Guardian Holdings Limited, has broken ground for a 176-unit apartment complex in Kingston valued at approximately $4 billion.
The two towers apartment complex — the Cambridge Edge and the Cambridge Elite — sits on three acres of Guardian Life’s property located on Vale Royal lands which forms part of the centrally located Golden Triangle.
It’s the second of its kind by the company in two years, bringing total investment from Guardian in housing projects to approximately $6 billion.
The Cambridge project is expected to provide 320 new jobs over the next two years of construction.
On completion, Guardian Life will put up for sale super studios spanning 604 sq ft; open plan-designed one bedrooms with two full baths covering 965 sq ft and two-bedroom penthouses spanning 1,806 sq ft.
The company has included amenities including 24-hour security, elevators, coded main entry, back-up water supply, water heaters, stand-by generators, gym, clubhouse, swimming and a generous parking space.
Prices start at $20 million.
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