New York-based Applied UV is developing smart building technologies for Larimar City, a luxury development in the Dominican Republic with six hotels and 20,000 high-end residences.

“We estimate that potential revenues from this project could total $250m to $300m over the next three to six years,” said Max Munn, CEO of Applied UV.

Applied UV specialises in smart building technology. The company expects to deliver energy saving technology for the development beginning in the third quarter of this year.

Real-estate development firm CLERHP, a Spanish listed multinational specialising in the promotion, design, engineering and construction of large projects in Spain and Latin America, has commenced construction on the hotel properties and residences with completion of the first phase of Larimar City & Resort (larimarcity.com/en/larimar) expected in late 2025. This development will also include several entertainment venues including a retail mall, several dining options, a fitness centre, spa, country club with 18-course golf course, outdoor sports facility, and a kid-centric activity centre.

“We’re invested in bringing new and innovative technologies designed to support the resort’s mission to adopt environmentally friendly practices throughout its design, construction and operations,” said Munn. “This development project represents a strategic opportunity for Applied UV to demonstrate the broad technical capabilities and deep product portfolio that we have assembled over the last few years. We can now provide our customers with a more diverse and holistic range, positioning us to capture greater economic opportunity on large-scale development projects similar to Larimar City & Resort. We believe, as the likely sole-source supplier for several key elements, on this project, there is a three-to-six-year revenue opportunity in the range of $250m to $300m.”

Larimar City & Resort pre-construction development manager Daniel Malky, in meetings with Christopher Kochuba, a member of Applied UV’s board of directors, indicated this was a once in a generation opportunity to contribute to the economic development of the Dominican Republic in a significant way.

Malky said the resort was one of the most exciting projects under development in this area and would be an incredible addition to the thriving residential and visitor growth the Dominican Republic is experiencing. Malky continued that they were excited about the opportunity to work with the Applied UV family of businesses. Providing this development’s clientele with residential and hotel properties designed with the latest in energy saving lighting and air quality technologies should help them embrace their environmental and sustainability goals.

Located 25 minutes from the Punta Cana airport and 15 minutes from the Bavaro beaches, on a cliff more than 100m above sea level and with a 180˚ view, the garden city is being developed and is to be considered the first smart city in the Caribbean. This real-estate project emphasises renewable energy, reduced energy consumption and optimised water resources through technologies such as AI, big data and IoT. The resort anticipates a population of 35,000 to 55,000 residents and tourists, fostering socioeconomic growth in the region and revaluing investments.

Applied UV (applieduvinc.com) is developing and acquiring smart building technologies for healthcare, hospitality, commercial and municipal markets. With its subsidiaries Sterilumen, MunnWorks, LED Supply and Puro, the company has a portfolio that addresses various needs in the market.