New Legislation to Be Introduced to Expand Redevelopment Zones
New legislation will be introduced by December 2025 to expand redevelopment zones, streamline approvals, and enhance incentives under the urban redevelopment process. Prime Minister, Dr. the Most Hon. Andrew Holness, made the announcement in his 2025/26 Budget Debate presentation in the House of Representatives on March 20. “To drive urban renewal, we must modernise the Urban Renewal (Tax Relief) Act,...