A group of international investors has presented a US$150 million proposal to transform Fort James Harbour into a luxury waterfront destination, potentially reshaping one of Antigua's most historically significant coastal areas.
According to Antigua Observer, the ambitious development plan was formally presented to the Cabinet of Antigua and Barbuda on Wednesday. The proposal outlines a vision to convert the Fort James Harbour peninsula into what developers are describing as a "world-class waterfront community."
The scale of the investment underscores growing international interest in Antigua and Barbuda's real estate and tourism sectors. If approved, the project would represent one of the more significant private development proposals the country has seen in recent years.
Details of the full scope of the development, including timelines, projected employment figures, and any conditions attached to Cabinet consideration, were not immediately available, as the original report by Antigua Observer notes the proposal is still in its early stages of review.
