Latest update August 10th, 2026 12:59 AM
Feb 17, 2026 News
(Kaieteur News) – Major Hawaiian property developers, Giovanni and Nicola Mola of Coastal Rim Properties (CRP) have launched TAJ Dream Ogle in partnership with NBA Hall of Famer Hakeem Olajuwon.
CRP with a portfolio spanning over 6,000 homes and millions of square feet of commercial space across the United States, plans to deliver over 1,000 condominium units and a retail village to Guyana’s rapidly expanding Ogle corridor through a master-planned luxury condominium and lifestyle village. This project will be CRP’s second development in Guyana, the first being TAJ Diamond with 218 homes.
The developers said in a press release that the TAJ Dream Ogle project sets a new benchmark for international-quality residential living in Guyana while intentionally creating structured opportunities for Guyanese at home and abroad to participate in the country’s economic expansion.
“At the heart of the project will be a five-star, world-class hotel, poised to become the first fully integrated luxury hospitality experience of its kind in Guyana, alongside a dedicated five-star hotel training institute designed to support hospitality education, workforce development, and operational excellence,” the company said.
Notably, every residential condominium will include at least one secure, covered garage parking stall, reinforcing safety, convenience, and international living standards throughout the community. There will be a fully walkable mixed-use village featuring a central town square, curated restaurants and cafés, retail boutiques, medical services, entertainment offerings, landscaped walking parks, and modern public spaces.
CRP said the development will be constructed using U.S.-manufactured and climate-treated structural steel specifically selected to withstand Guyana’s salty and humid coastal environment.
Further, it was outlined that the entire site will be elevated by eight feet above the existing grade to mitigate flooding risk, supported by advanced drainage infrastructure and integrated civil engineering systems. The company said, “The design reflects a forward-thinking, climate-resilient approach aligned with Guyana’s long-term sustainable development objectives.”
TAJ Dream Ogle plans to prioritise the participation of local contractors, suppliers, engineers, and professional service firms. The development is expected to generate thousands of construction jobs during its build phase and approximately 800 permanent jobs upon completion, supported by structured training programmes tied to hotel and retail operations to ensure skills transfer and long-term employment opportunities for Guyanese citizens.
“TAJ Dream Ogle stands as a transformational step in Guyana’s modern development, combining international construction standards, hospitality excellence, local content integration, climate-resilient engineering, and inclusive economic growth into a single landmark community designed for the next generation of Guyanese prosperity,” the company said.
Subscribe to get the latest posts sent to your email.
Rising Debt, Rising US Dollar Rate in Oil-rich Guyana!

Aug 10, 2026
(Kaieteur Sport) An electrifying night of high-impact action, drama and championship changes marked All Caribbean Wrestling’s (ACW) historic debut in Guyana, as the promotion brought its...Aug 10, 2026
(Kaieteur News) There was a time, not so long ago, when pumpkin was pumpkin. You went to the market, found a vendor, pointed to a whole pumpkin, paid your money and took it home. Nobody asked you how many pounds you wanted. Nobody weighed it. Nobody carefully cut it into sections as though dividing...Aug 02, 2026
By Sir Ronald Sanders (Kaieteur News) – Daniel Ortega has now said openly what his regime has demonstrated for years: the people of Nicaragua are not to be permitted to remove their rulers through elections. During celebrations marking the 47th anniversary of the Sandinista Revolution, Ortega...Aug 10, 2026
(Kaieteur News) On 31st July, some of the words uttered by Exxon’s Chief, Mr. Darren Woods, were as clear as a bugle. Exxon has recovered all of its investment in Guyana -all US$55B. I thank Mr. Woods for his clarity on that score and his extra note about the repayment being two years ahead...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com