MoneyMasters reaches new milestone in US$25-million Sana development

KINGSTON, Jamaica—MoneyMasters Group has reached another milestone in the development of its US$25-million Sana Plaza and Tower project, with construction progressing to the second floor of the commercial complex in St Andrew.

The milestone was marked on Friday, November 6, during an event dubbed “Sana On The Move”, which brought together key stakeholders, partners and members of the development team at the project site, located at 5 South Avenue and 8 Central Avenue.

The development, being undertaken by MoneyMasters REIF South Development Limited, is expected to introduce a modern mixed-use commercial space to the area, offering facilities for retail, dining and corporate operations.

Phase One of the project, known as The Sana Plaza, will comprise a four-storey commercial centre featuring 16 units, dedicated restaurant spaces, office facilities and executive rooftop social areas.

MoneyMasters Group Chief Executive Officer Claudette Crooks welcomed the progress, describing it as another step towards delivering a new commercial destination for Kingston.

“Stepping up to the second floor of The SANA brings Jamaica one level closer to a new place to shop, dine and do business. Join us as it rises,” Crooks said.

Wilburn Pottinger, head of sales at MoneyMasters REIF South Development Limited, said the construction milestone represents tangible progress for investors and prospective tenants who have supported the development.

“The SANA Plaza & Tower, developed by MoneyMasters REIF South Development Limited, is no longer a vision on a slide. With the cement pour underway, Kingston's newest mixed-use destination for retail, office and dining is taking physical shape on its dual-frontage site between Constant Spring Road and Waterloo Road,” Pottinger said.

“For buyers, tenants and investors who committed early, this is the moment the project becomes something you can stand on,” he added.

The project's second phase will see the construction of a 10-storey tower featuring commercial units, penthouses, underground parking and executive rooftop social spaces.

According to the developers, the complex is being designed to accommodate premium corporate and retail tenants, with high-visibility frontage and flexible commercial layouts.

The development will also feature access points along South Avenue and Central Avenue, aimed at improving traffic circulation for tenants, visitors and deliveries.

Sustainability is another focus of the project, with plans to incorporate environmentally friendly features and solar-ready infrastructure to reduce energy consumption and operating costs. The developers are also pursuing Leadership in Energy and Environmental Design (LEED) certification.

MoneyMasters Group, which operates in securities dealing, investment management, wealth management and real estate development, said the project forms part of its efforts to expand its presence in Jamaica's commercial property sector.

Further information on leasing and investment opportunities is available through MoneyMasters Limited and the project's website, sanasouth.com.