May 12, 2016
Dart buys Barefoot Beach property
A $10 million piece of beachfront property in East End once slated for a Mandarin Oriental Hotel has been acquired by Dart Realty, the developer has confirmed.
Insights & Expertise
May 12, 2016
Camana Bay roadwork approved
Major changes to the road network around Camana Bay, including moving a section of the highway and building a new underpass, have been approved by the Central Planning Authority.
May 12, 2016
Expansion plans ahead for Health City
Health City Cayman Islands will invest $25 million in infrastructure in 2016, and as much as another $100 million in 2017 and 2018, all drawn from private sources. The investments will come from Health City and Health City Development, expanding hospital facilities and launching a series of commercial enterprises, including staff housing, a shopping plaza, design work on a 185-room hotel and a marketing plan for a medical school.
May 12, 2016
New strata bill out for comment
New Strata Bill for Cayman Islands the new bill allows strata schemes to acquire land to be used as common property or for such other purpose of the corporation as may be determined by special resolution .
May 12, 2016
August 2015 Market Update
I estimate that there have been approximately 60 to 70 new properties built over the past year, or are committed to being built in the next year that are single dwelling, family residences in the US$1.5 million to just under US$3 million price range. These properties have been developed primarily in canal-front locations, from West Bay, along the Seven Mile Beach corridor and out to Grand Harbour.
May 12, 2016
Brac developments in the works
Expansions to two hotels and a new government-funded swimming pool are in the works for Cayman Brac.
May 12, 2016
New-look airport taking shape
Work on the long-awaited expansion of the Owen Roberts International Airport is beginning to take shape. The foundations are in place and the steel structure of the new baggage hold room is going up. Thats just phase one of a four-phase project that is expected to take three years to complete.
May 12, 2016
Planning board to consider Seven Mile Beach hotel projects
As published in the Caymanian Compass l THURSDAY 27 DECEMBER 2012 The Central Planning Authority had a healthy amount on its plate 19 December during its final scheduled meeting of the year. The applications up for consideration by the board included several proposals by the
May 12, 2016
September 2015 Market Update
A recently published Caribbean Market Update, produced by Caribbean-based Integra Realty Resources, has offered good news for the Caribbean economy, noting a general improvement in tourism for the region, as well as a gradual improvement in real estate sales and an increase in foreign investment into our area.
May 12, 2016
Resurgence in Little Cayman turtle nesting
A record number of turtle nests have been recorded in Little Cayman this year.