ISL is dedicated to enriching the lives of citizens by giving them a chance to acquire ownership of residential and commercial property at a reasonable cost.
ISL’s contributions to land development were repeatedly underscored in Prime Minister Allen Chastanet’s Budget Address this year, referencing land rationalisation on the agency’s lands, as well as three fully serviced developments in Bois Jolie, Beauchamp and La Fargue.
For the fully serviced developments, ISL covers road infrastructure, utility connection and Development Control Authority qualifications for residential or commercial use before putting the properties on the market. ISL’s aim is to generate between 500 and 600 new landowners either by development or land rationalisation.
At the beginning of 2019, ISL announced the Bois Jolie Residential Development as prime residential property located on approximately 8.43 acres of sloping land and comprises 25 single unit residential lots ranging in size from 3,800 to 8,400 square feet.
The Beauchamp Land Development, has been designated for both residential and commercial use. The multi-purpose prime property is located on approximately 20 acres of relatively flat land and comprises 59 lots ranging in size from 5,000 to 26,000 square feet. Ideally, the lots will consist of four multifamily lots, five commercial lots, two institutional lots and forty-eight single family lots.
The newest land project for ISL is the La Fargue Development in Choiseul. This prime property location shares views of the calm waters of the Caribbean Sea or the peak of Gros Piton. The La Fargue Development is another project that offers both residential and commercial use lots and runs along approximately 28.4 acres of flat land and comprises 114 lots ranging in size from 4,193 to 26,000 square feet.
ISL will be announcing the La Fargue Development groundbreaking in the coming days.
Anyone wishing to apply for ISL’s land sales can find application forms at either its Castries or Vieux Fort office.