Work begins this week on modern TAJ Diamond urban community at Buzz Bee Dam

Work officially begins this week on TAJ Diamond, a bold new vision for modern urban living in Georgetown’s thriving Diamond district. The project, spearheaded by Coastal Rim Properties Incorporated (CRP Inc) marks a significant milestone in Guyana’s real estate evolution, promising to deliver a master-planned community, blending luxury, safety, and investment opportunity in one of the country’s most strategic locations like the intersection of Buzz Bee Dam and Heroes Highway, along East Bank corridor.

With over five decades of global development experience, United States (US) based Coastal Rim Properties is partnering with local firms G-Realty and ACE Consulting Group to ensure that TAJ Diamond brings international quality with deep-rooted local insight. The first residential units are expected to be delivered by Q4 2025.
In release issued on Tuesday, the US property management company revealed that, designed as a fully gated, family-oriented community, TAJ Diamond will feature 253 architecturally refined three-story single-family homes, each with configurable 2 to 5-bedroom floor plans and a two-car garage, tailored for the needs of modern families.

Other amenities include over 40,000 square feet of Class A retail space, anchored by the internationally acclaimed Morton’s The Steakhouse, a flagship brand under billionaire Tilman Fertitta’s Landry’s, Inc. — his first major hospitality investment in the Caribbean region – as well as round-the-clock 24/7-armed security patrols, gated access points, and controlled visitor management systems to ensure peace of mind. With a starting price of USD $250,000 (GYD $52 million), residents will also enjoy resort-style amenities, including a luxury pool and clubhouse, state-of-the-art fitness centre, a private movie theatre and landscaped parks and family-friendly community gathering space.
Further, a unique highlight of TAJ Diamond is its 14 per cent Guaranteed Yield Leaseback Programme. Under this offering select buyers may opt into a 3 to 5-year leaseback agreement with the developer, investors receive a guaranteed 14 per cent annual return and the programme is fully turnkey, with no property management or leasing duties required.
According to Coastal Rim Properties Incorporated, this model not only positions TAJ Diamond as a residential haven, but also as one of the most attractive real estate investments in the Caribbean — particularly as Guyana continues to lead the world in Gross Domestic Product (GDP) growth, fuelled by expanding energy, infrastructure, and consumer sectors.
Situated at the heart of the Buzz Bee Dam and Heroes Highway junction, the development enjoys unmatched connectivity and high visibility in a district undergoing explosive commercial and residential growth. As more professionals, returnees, and international investors flock to Guyana, demand for secure, upscale, well-located communities like TAJ Diamond is surging.