Sancas Realty, a subsidiary of Santiago Castillo Limited, has broken ground on a new commercial project for Ambergris Caye, next to the San Pedro Airport. This two-story building will be a modern commercial plaza with high quality retail and office space.
“We are extremely excited to bring this project to San Pedro,” said Gil Castillo, President, Sancas Realty. “The growth of Ambergris Caye has been amazing.” As the community expands, the need for further investment in additional retail and office space is needed to help support local businesses. San Cas Plaza will provide essential commercial real estate inventory for marquee tenants.
Sancas Realty, the exclusive Christie’s International Real Estate affiliate for Belize, will serve as the anchor tenant for the building. Founded in London in 1766, Christie’s is the world’s most exclusive real estate brand, encompassing a network of top luxury brokers and agents from around the globe.
The San Cas Plaza project will provide solid employment for workers on Ambergris Caye, according to Castillo. He expects the building to be completed within 10 months, Orange Walk based AM Construction is serving as the general contractor.
San Cas Plaza offices will be available for lease starting September 1, with occupancy slated for July 1, 2016.