Acquired in 1953 by  father and son: Dennis Henry (son) and Ferdinand Henry (father). At the time, the Estate was 992 acres of land. Then, it was a progressive agricultural estate with diverse crops, with the main ones being Coconut, Cocoa, Bananas, Limes and Nutmeg. In the 1970s and 1980s, the estate thrived, with full time employees of up to 150 people, 100 on average, at a time. The products on the farm were sold locally and exported internationally.

With the decline of the agricultural industry in Grenada in the 1990s, the land’s production rate decreased. Hope Estate shifted to real estate, and some of the land was developed into the residential area currently near the plantation known as Hope City. The Estate remained in the Henry family, and at present is owned by Christian Henry and his four siblings. Current day operations include a blend of Agriculture and Real Estate Development, with plans to develop some of the land into resorts.

The production of sugarcane on the land was introduced with the Renegade Rum project as cane was not a crop that was produced on the estate. As the estate is very hilly, cane did not seem as a viable crop as there is a perception that cane must grow on flat land. However, with the farming techniques and expertise brought in by CaneCo and Renegade, sugar cane on the land and this interesting piece of land is now seen to be a success.