BusinessGrenada.com Issue: 6 2013 -2014 | Page 141

The Unstoppables... Luxury Villas yacht marina. Prices are in the 3- 4 million US$ range. La Touche recalls de Savary loved it and in the meeting he said “I always thought that you were the most excellent thinker in Grenada- we can do this.” The road and infrastructure are in place and the build will be in a sequence, one villa at a time, build sell, build sell. By taking the initiative, La Touche is raising capital by reaching out to investors to join in the venture. Completing the portfolio and documentation for the investors (mostly Grenadians). “I think that our investors over two years of exposure would get at least 20% return on their money,” according to La Touche “we are packaging it differently and the returns are gong to be high.” The end goal is to provide a lifestyle for those that enjoy the yachting and island life, with the amenities of Grenada’s world class Marina and soon to be Resort. The De Savary La Touche alliance “What I’m doing with Anslem La Touche who is an excellent man and runs one of the best construction companies in Grenada, is a small part of the overall Port Louis Development project which will comprise the first show house located at the prestigious Port Louis Marina hillside”…says multimillionaire developer “This represents the largest project ever undertaken in this country.(700 million US$) So we are back with the machine cranked up, following challenging times in the world economic environment.” “The Intention is that we will work with Creative Designs as much as we can into the future as one of the main contractors from within Grenada. We feel that Anslem La Touch and his fine team at Creative Designs are particularly suited to building attractive fine, high quality residences, whether that be villas, townhouses or apartments. Our philosophy is to use as much local companies as feasibly possible and certainly from a quality standpoint, reliability of service, modes of efficiency and meeting time lines etc Creative Designs are excellent. We will always prioritize local companies to work with us whether that be contractors, suppliers, Anselm La Touche & Peter de Savary licensed Auto CAD dealer is thrilled with now having the ability to take the topography or the shape of the land and effectively design in 3d. “It’s far more efficient and we can avoid mistakes ahead of time, as well as incorporate project pricing.” It was a big investment at an approximate cost of $3,000.00 US per station, but a decision he doesn’t regret making. “The principal of architecture remains the same, it is how you apply it, and that depends on the client, now you have more innovative customers that want ultra modern more futuristic builds, so it’s changing. Here in the tropics, a house needs to be fully ventilated, so many people make the mistake of building incorrectly and suffer the consequences of not being able to get the breeze, and sometimes compromising the view.” According to La Touche the Construction business usually can see a recession coming, and in 2008 it became very clear that it was time to diversify and create momentum to keep his staff of 100 plus people employed and the business alive, he explains “You can’t lay off workers, nobody wants to do that, we don’t just build buildings we build people, that has always been my core philosophy.” After building 10 of 11 houses in his own development, Bel Air in Lance Aux Epines with no sales, he started brainstorming, asking himself “Who has the best land?” British Entrepreneur Peter de Savary was the first to come to mind, as the developer of Mt. Cinnamon in Grand Anse and prestigious Port Louis Marina. Creative Designs had done some work for de Savary so La Touche set up a meeting to pitch his thoughts on a collaboration that has always been an existing part of Port Louis’s master development plan. “I’m good at designing and building, and he’s good at marketing and selling, so by meshing the two together came the result of a new project slated for 2013 with Creative Designs doing the most innovative, highest quality, advanced technological build of a limited number of 7,000 sq ft villas on the Port Louis hillside overlooking the mega www.businessgrenada.com 141