The Spachea Development project
The Company, through its principal, Richard Hutchinson,
has invested in and completed
all of the technical works to facilitate the execution of the pilot project. This includes the completion of the architectural and engineering drawings which were submitted to Physical Planning for approval in the first half of 2025. Physical Planning Approval for
the construction of the project was obtained in June 2025.
qualities always coveted, but rarely
obtained in the finest New York rental
by a team of health professionals.
Our Physiotherapists will be able to ...
Apartments features accommodation
with a seating area and a kitchen.
Fully backed by a trusted bank
This project is fully backed by the Bank of St. Vincent and the Grenadines. Persons interested will
- Independent financial vetting of all qualified buyers
- Pre-qualified mortgage financing available through a trusted local bank
- Secure loan underwriting and risk assessment by licensed professionals
- Structured mortgage options designed for long-term affordability
- Transparent approval process with clear eligibility requirements
- Bank-backed purchase agreements for buyer protection
- Professional guidance through the mortgage application process
- Compliance with local financial and lending regulations
Project Objectives
Affordability
1. To provide affordable housing options for first time homeowners in the targeted group of young professionals and young entrepreneurs (self-employed persons).
New Building Practices
2. To promote the creation of new housing typologies – town houses and condominiums – that will accelerate the increase in the overall housing stock throughout the Country..
Youth Safey nets
3. To create more effective safety nets for young persons and young families thereby immediately uplifting and improving their standard of living and overall quality of life.
Public Private Pathership
4. To advance the need for greater participation of key stakeholders in public private initiatives that create greater value for the private citizens in the first instance, and for the public and private sector enterprises.
Town houses at 1,600 square feet in a price range of $450,000.00 to $500,000.00 inclusive of the cost of the land and external works. The mortgage repayment will range between $2,416.00 and $2,685.00 monthly
- ROOMS 4
- TOTAL AREA, SQ.M. 298.50
- PARKING YES
- PRICE $3200/m2
Apartments at 800 square feet in a price range of $260,000.00 to $290,000.00 inclusive of the cost of the land and external works. The mortgage repayment will range between $1,396.00 and $1,557.00 monthly
- ROOMS 4
- TOTAL AREA, SQ.M. 345.50
- PARKING YES
- PRICE $3200/m2
Restaurants
Metropolitan Opera House Lincoln Center Theater New York Philharmonic New York City Ballet The Julliard School
CENTRAL PARK
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Shopping Center
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Hospital
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Shopping Mall
The gracious entry foyer leads to an open kitchen with custom stained walnut cabinetry, granite countertops, and a built-in dining banquette (in select one bedroom homes).
Restaurants
CENTRAL PARK
Shopping Center
Hospital
Shopping Mall
SELECT aVAILABILITY
| RESIDENCE | BED/BATH | SQ. FT. | SALE PRICE | RENT PRICE | FLOOR PLAN |
|---|---|---|---|---|---|
| TOWER PH1512 | 1 / 1 | 625 | - | $2055 | View Now |
| TOWER 501 | 2 / 2 | 1030 | $5559 | - | View Now |
| TOWER PH1706 | 1 / 1 | - | 428 | $2100 | View Now |
| TOWER 320 | 1 / 1 | 453 | - | $2055 | View Now |
| TOWER 303 | 1 / 1 | 414 | $3280 | - | View Now |
| TOWER 818 | 1 / 1 | 376 | - | $2790 | View Now |
| TOWER 501 | 2 / 2 | 1030 | $5559 | - | View Now |
| TOWER PH1706 | 1 / 1 | 428 | - | $2100 | View Now |