Plans for Belmont hotel in Cupecoy scrapped   | THE DAILY HERALD

Permits Department Acting Head Charlon Pompier, Towers developer Frank Teboul, then VROMI Minister Christophe Emmanuel and then Policy Advisor to Emmanuel Hensley Kwidama with the Mullet Bay Fourteen plans in December 2017. (File photo)

CUPECOY–It appears that the country will not get a Belmont brand hotel in Cupecoy as was announced by them Spatial Planning and Infrastructure Minister Christophe Emmanuel in December 2017.

The scrapping of the hotel project was announced via a real estate e-mail blast this week from Island Real Estate (IRE) Team. That e-mail states: “By popular demand, the developers of Mullet Bay Fourteen have officially announced that Tower B will no longer be developed as a hotel. Due to the success of the pre-sales in Tower A they have decided to continue with the same approach and pre-sell Tower B as luxury condos.”

IRE Team said “We expect this inventory to sell rather quickly” and urged potential buyers to snap up a condo as soon as possible. Units are available for a starting price of around US $214,000.

Mullet Bay Fourteen is a two-tower development under-construction across from Starz Casino and Mullet Bay Golf Course. Developer Frank Teboul received the building permits for the  two 21-floor towers in December 2017.

Emmanuel, when delivering the permits, said “this coming construction will be historical. Not only will it create 170 employment opportunities, but it is a new chapter in how buildings are being built in the hotel section on Sint Maarten. Instead of constructing wide, we are constructing higher.”

Source: The Daily Herald