The Platinum Coast of St. Mary
Luxury
Living Elevated
A modern hillside residential resort located on Mahogany Drive in St. Mary, Jamaica, purpose-built for the Jamaican diaspora, returning residents, and discerning international buyers.
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104 Approved
Residential Units
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Freehold
Title
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Shovel
Ready
The Project
A modern hillside residential resort.
Spring Valley is a fully entitled, permit-ready luxury resort-residential development on approximately 4.736 acres of registered freehold land along the North Coast Executive Corridor in St. Mary, Jamaica. The approved permit-ready programme delivers 104 residential units — 72 Studios and 32 One-Bedrooms — across 12 residential apartment blocks arranged across the site, with six blocks on one side and six blocks on the other. An optional future luxury repositioning (~80 premium residences) is illustrative and not currently entitled or approved.
0
Approved Units
0.000 ac
Site Area
0
Apartment Blocks
Why Spring Valley
The Platinum Coast of St. Mary.
Contemporary European Design
Floor-to-ceiling glass, geometric architecture, and premium finishes throughout.
Resort Lifestyle Amenities
Wellness, fitness, pool, gardens, and concierge — a private resort within reach.
Investment Growth Potential
Airport expansion, infrastructure upgrades, and rising demand in one of Jamaica's fastest-growing regions.
Development Status
Fully Approved & Development Ready.
A rare opportunity to acquire a permit-ready luxury resort residential development with major approvals already secured.
Development Plan Approved
104 Residential Units Approved (72 Studios + 32 One-Bedrooms)
12 Residential Apartment Blocks Approved (6 + 6)
NEPA / NRCA Wastewater Licence Secured
Permit-Ready Development Platform
Existing Architectural Concept Package
Existing Site Planning & Infrastructure Design
Existing Resort Amenity Strategy
Project Snapshot
104
Approved Units
72 / 32
Studios / One-Bedrooms
~US$47.45M
Base Case Gross Revenue
36.2%
Base Case IRR
4.19x
Equity Multiple
Development Pathways
Build Now or Luxury Upside.
Spring Valley is offered as a fully approved, permit-ready 104-unit residential development (72 Studios + 32 One-Bedrooms) positioned for immediate construction. An optional future luxury repositioning to ~80 premium residences has also been identified as an illustrative value-creation strategy.
Primary Development
Approved 104-Unit Programme
A fully entitled, shovel-ready residential development — 72 Studios and 32 One-Bedrooms across 137,794 sq ft of Gross Building Area — that can commence construction immediately upon acquisition. Base Case gross revenue of approximately US$47.45M against ~US$28.60M total project cost, targeting a 36.2% IRR and 4.19x equity multiple.
- 104 Residential Units (72 Studios + 32 One-Bedrooms)
- 137,794 sq ft Gross Building Area · 107,835 sq ft Net Sellable Area
- 12 Residential Apartment Blocks (six on one side, six on the other)
- Fully Approved · Shovel-Ready · Development Ready
- BOQ Construction Cost: US$23,308,222
- Total Project Cost: ~US$28.60M
- Base Case Gross Revenue: ~US$47.45M
- Baseline Pricing: ~US$385 / SF NSA · Base Case: ~US$440 / SF NSA
- Registered Freehold Title · NEPA / NRCA Wastewater Licence Secured
Upside Strategy
Optional Luxury Upside
An illustrative future repositioning to approximately 80 premium residences. Not currently entitled or approved.
- Approx. 80 Premium Residences (illustrative)
- Premium Resort Positioning
- Larger Unit Sizes & Higher Average Unit Values
- Diaspora & Vacation Home Focus
- Stronger International Buyer Appeal
- Not currently entitled or approved
- Subject to redesign, market conditions & additional approvals
Subject to architect, engineer & authority confirmation
Residences
A curated collection.
Amenities
A resort within reach.
Signature spaces designed for daily life, wellness, security, and gathering at Spring Valley.
Location
Perfectly positioned.
Spring Valley sits on Lot 46 Mahogany Drive in St. Mary, Jamaica — adjacent to Fr. Cedar Trail Road and positioned along the North Coast Executive Corridor, with direct access to the region's airports, beaches, and resort centres.
Investment Opportunity
A shovel-ready luxury resort-residential site.
Fully approved 104-unit residential development — 72 Studios and 32 One-Bedrooms across 137,794 sq ft of Gross Building Area — with Baseline pricing at ~US$385/SF NSA and a Base Case at ~US$440/SF NSA, delivering approximately US$47.45M of Base Case gross revenue against a total project cost of ~US$28.60M.
104
Approved Residential Units
~US$47.45M
Base Case Gross Revenue
36.2%
Base Case IRR · 4.19x Multiple
Aerial Film
See Spring Valley from above.
Frequently Asked Questions
Frequently Asked Questions.
Everything you need to know about Spring Valley Luxury Resort Residences and this unique development opportunity in St. Mary, Jamaica.
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