Developer Peter de Savary is deep into his
Port Louis project, Grenada's newest and largest-to-date tourism
project.
Port Louis,
described as a mixed-use maritime community, had its
ground-breaking last month.
"Grenada now is
poised to become one of the top tourism destinations in the
Caribbean," said Brenda Hood, the island's minister of
tourism.
Components of the
$555 million development (the investment is twice the annual budget
of Grenada) will include a 350-slip marina for megayachts; 280
homes and villas; a spa; a 120-room, five-star hotel; a 120-room,
midprice hotel; and a beach area with water sports and recreational
activities.
"Grenada needs
and will have new investment which must be based on quality, not
quantity," de Savary said. "Care must be taken to protect the
culture of Grenada and not overload the infrastructure of the
country or spoil its charm, beauty and friendliness of its
people."
To contact reporter Gay Nagle Myers, send e-mail to [email protected].