$3-b injection

Prime Minister Andrew Holness (centre) cuts the ribbon to mark the official opening of GraceKennedy’s new coporate headquarters at 42 – 56 Harbour Street in downtown, Kingston yesterday. Looking on are Group Chief Executive Officer Don Wehby (right) and Chairman of GraceKennedy Limited Prof Gordon Shirley.

CONGLOMERATE GraceKennedy Limited yesterday officially unveiled its corporate headquarters in downtown Kingston, which came in at a price tag of $3.25 billion, and giving a major boost to downtown Kingston which for years suffered from urban blight.

The building, which for the first time hosted members of the public for GraceKennedy’s annual general meeting yesterday afternoon, later hosted a number of specially invited guests, including Prime Minister Andrew Holness, for the official opening ceremony.

Located at 42 to 56 Harbour Street in Kingston, the new GraceKennedy building has 10 floors and covers 192,000 square feet. The facility brings together the Group’s Executive Office, the GK Financial Group Divisional Office and the GK Money Services Group, comprising the Western Union, Bill Express and FX Trader brands.

It currently houses boardrooms, a training facility, an innovation lab, an 11-level parking garage with 400 spaces, and a gym.

GraceKennedy’s retail centre includes a Hi-Lo Express and a GKOne entity, but plans are underway to set up retail spaces for non-GK entities later this year.

The company was also keen on implementing renewable resource systems in the building’s design.