- January 12, 2018
- Posted by: CIP Journal
- Category: Real estate
Kimpton Kawana Bay, Grenada’s Newest Five Star Resort Development wins International Property Award.
The Grenadian development company, True Blue Development Limited, is proud to announce it has won Best Hotel Architecture, Grenada and a 5-star commendation in the 2017 Americas International Property Awards for its Kimpton Kawana Bay resort development in Grenada.
The award was presented to Sean Werger, Principal of True Blue Development Ltd by The Rt. Hon. Malcolm Sinclaire, Earl of Caithness, the judging panel Chairman, and Mr. Stuart Shield, President and Founder of the International Property Awards at The International Property Awards Ceremony in Toronto.
Kimpton Kawana Bay was also presented with an award for New Hotel Construction & Design at the awards ceremony and has also been nominated for Best Hotel Architecture in the Caribbean, which will be judged in London on 4 December 2017. Kimpton Kawana Bay comprises of 152 luxury studio hotel rooms and suites and 20 penthouse and luxury condominium units, some with private plunge pools, all for sale on a freehold basis. The resort will be managed by Kimpton® Hotels & Restaurants, part of the InterContinental Hotels Group®.
Kimpton Kawana Bay is being sold through Grenada’s Citizenship by Investment programme, the only programme in the world that has an E-2 Investor treaty with the USA. Grenada citizenship also offers visa-free travel to over 120 countries including the EU Schengen area, the UK, China, Singapore and Russia. Purchasers will receive freehold condominium ownership of a hotel pool suite or studio, citizenship of Grenada, and a share of hotel revenue each year.
Prices start at $350,000 per property and the resort will open in 2019. The owner and developer of Kawana Bay is True Blue Development Limited, a division of the Tau Capital Group of Companies. Tau Capital has developed projects internationally and has a successful track record across numerous industries spanning 20 years.
Kimpton Kawana Bay is an approved CBI project by Grenada Government under its Citizenship by Investment Program.