A developer has unveiled plans to build a second executive condominium complex in west Hamilton.

The announcement by West Hamilton Limited comes as the construction of Belvedere Residences, which started in March 2015, hit the 60 per cent complete mark.

The property on Pitts Bay Road, across from the Waterloo House, is expected to be “substantially completed” in June 2016

“More than 100 persons have been employed since the inception of this project, of which 90 per cent are Bermudians,” Harrichand Sukdeo, the CFO of West Hamilton Ltd, said.

“At the conclusion of this project, the company has plans to construct a similar building and two additional levels of parking on site, which will provide employment for Bermudians for a longer period.”

Belvedere Residences is made up of seven two-bedroom and two one-bedroom condominiums, a full-size gymnasium with squash court. The building’s large penthouse will accommodate the Offices of Qatar Reinsurance Company LLC, a recently incorporated Cat 4 company, while Courthouse Limited has leased the two lower floors to house the gym and a squash court.