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St. Lucia Mortgage and Finance Building Gets Prime Minister's Approval

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Contact: Claudia Monlouis

Wednesday, February 1, 2006 – One of the long standing businesses operating in Castries has made a genuine effort to set the stage for the urban regeneration of the city.


The Saint Lucia Mortgage and Finance Limited formally reopened its renovated premises over the weekend.


The building now reflects an architectural merger of the city's heritage and modern day influences.
Prime Minister Anthony called on the corporate sector to play a meaningful, proactive role in the process of architectural rejuvenation.


“As a country, as a people, we do not like to put money into buildings because we have not reached the point of maturity where we understand that our personality must be given expression in the architecture of our country. The time has come to do that; not only to reflect our growing sophistication but to reclaim the history that is ours.”


Dr. Anthony identified areas around the city which he says require urgent corrective measures in order for the transformation of Castries to visibly take shape.


“Buildings are going up in the city, all kinds of designs, but at the same time buildings are going up side by side with elements of decay. If you walk through the city of Castries, the side walks are in terrible condition, we can't have a modern city with like that. We cannot have a modern city that cannot cater to those who are disabled.”

The St. Lucia Mortgage and Finance Limited was established in 1968 and is well known for providing low income earners with an avenue to become home owners.

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