The Montego Bay Multi-Sport Development Limited is poised to invest over JMD$700 million to refurbish and expand the Montego Bay Sports Complex, should their bid be approved by the Jamaican Government. The entity is the sole bidder for the facility, which has languished in disrepair for several years.

The proposed investment, spread across three tranches, aims to transform the venue into a premier sports and events hub in the Caribbean. Speaking to the Sportsmax.TV, Chairman Yoni Epstein expressed optimism about the project’s approval.

Montego Bay Multi-Sport Development Limited has proposed a 25-year lease, starting with an annual rental fee of $6.3 million for the first 20 years. Additionally, they will take over the facility’s current operating costs, estimated at $50 million per year. For years 21 to 25, the rental model will shift to one per cent of gross revenues derived from events. The complex will also be available for non-sporting events, with plans to rent the venue for entertainment and community activities.

The proposal is currently under review by the divestment task force and will require final approval from the Ministry of Local Government. Epstein expressed hope that a decision would be made in the coming weeks.

“The government has accepted our bid, and it now goes to the divestment task force for assessment,” Epstein explained. The bid will then be sent to Local Government for approval.

The first phase of the refurbishment will prioritize upgrading the football pitch to international standards, enhancing lighting to meet the CONCACAF-approved 1,000-lumen threshold, and resurfacing the track to support major athletics events. Epstein emphasized the importance of restoring the facility to attract high-profile events.

“While I am more recently known for Montego Bay United Football Club, it's not solely about football. Our intent in the first tranche is to continue to rehabilitate the pitch. As you know, we play all of our home matches there. We want to continue to capitalize on what refurbishment they did and get that back to international levels,” Epstein revealed.

“We want to bring the Western Relays back to Montego Bay. The aim is to establish the complex as the premier facility in the Caribbean, capable of hosting events like the CARIFTA Games and international track and field meets, as well as football matches.”

Epstein also shared that their plans also include constructing a full-size football pitch and smaller 5G pitches for community use, alongside the addition of tennis courts, pickle-ball courts, and a 50-metre swimming pool to cater to aquatics. Epstein highlighted the facility’s potential to attract sports tourism, given Montego Bay’s proximity to hotels and its reputation as a tourist hub.

“There are a lot of swim meets, track meets, and football tournaments that we miss out on in Jamaica because we lack the facilities. With Montego Bay’s infrastructure and appeal, we can bring more of these events here, benefiting the local economy,” he said.

If approved, the project promises to breathe new life into the Montego Bay Sports Complex, providing a world-class facility for sports, entertainment, and community engagement.

© 2024 SportsMaxTV All Rights Reserved.