The East Side Plaza on Charlotte Street, Port-of-Spain is about to get a much needed upgrade.
Montgomery Guy, chairman of the Port-of-Spain Shopping Complex Limited (POSSCL), a company under the Ministry of Housing and Urban Development said government intends to spend millions of dollars to upgrade the establisment.
Guy and PoSSCL board members met with tenants on Thursday.
He said the monies would come from an Inter-American Development Bank (IADB) loan.
Guy said work should start during this financial year and the mall will be closed for 12 to 18 months to facilitate the upgrade work.
In the interim, tenants will be relocated to another spot in the Port-of-Spain area.
Guy said three locations are being looked at but noted that Cabinet will make the final decision as to where the tenants will be relocated to.
He said consideration will be given to waiving their rent at the new location for six months.
“East Side Plaza will be the West Mall of East Port-of-Spain, as the modern facility would create a sense of pride and purpose amongst the tenants and residents of East Port-of-Spain,” Guy said.
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