The Central Housing and Planning Authority (CHPA) is undertaking the development of new housing schemes along the East Bank Demerara (EBD) through a private/public development model.
This is the latest of several housing development projects initiated by the government. Other such projects have been carried out in Bartica on the Essequibo River and in Parfaite Harmonie on the West Bank Demerara.
The government is in the process of distributing developed lots.
An advertisement in this week’s edition of the Sunday Chronicle invites expressions of interest (EOIs) from private development firms desirous of partnering with the government on this initiative.
While the ad did not specify the area(s) where the schemes would be developed, it did say that it “… constitutes undeveloped land along the East Bank corridor (land on the eastern side and the East Bank Public road)…” which is good “in relation to the urban centre (Georgetown)… “generally flat,” and will support “adequate varied residential mix.”
The advertisement stipulates that eligibility to develop the project will be determined by a developer’s ability to start within six months of acquiring the right to develop the project, and to finish 24 months of commencing.
More than completing the project, the developer must be able to “achieve the quality of development, construction and management of the project within the stipulated time-frame.”
Additionally, the developer can be an individual entity, a group of developers, a company, or even a consortium of developers. All EOIs must be submitted to the CEO of the CHPA by or before November 19, 2013 at 15:00 hrs.