A Hong Kong group is planning to build a luxury resort with a racetrack on the Caribbean island of Saint Lucia.
DSH Caribbean Star, an affiliate of Hong Kong’s Desert Star Holdings, is reported to have in hand an agreement with the Saint Lucia government for a $2.6 billion mixed-use destination called Pearl of the Caribbean, with construction scheduled to start next year.
Racing will figure prominently in the project. Desert Star Holdings includes a company called China Horse Club, which is focused on the development of racing in mainland China.
The 700-acre site selected for Pearl of the Caribbean will host facilities for 1,000 horses and the capability to handle racing festivals, “establishing Saint Lucia as a racing and entertainment center in the Caribbean,” according to a joint statement issued by DSH Caribbean and the government.
