New Developments

The developer responsible for the would-be Arnold Palmer Ironwood golf resort has asserted recently that the requirement being placed on them to undertake an environmental impact assessment on the lengthy extension of the bypass would likely result in the death of the deal. (more…)

The Cayman Islands Central Planning Authority recently green-lit plans for nineteen new homes and a man-made beach bordering the marine park in George Town, Grand Cayman. (more…)

There have been some important recent developments as plans have been formally submitted for the 18-hole Arnold Palmer-backed golf course in the East End area of Grand Cayman. (more…)

The demolition workers have been very busy recently working at the former location of the Spanish Bay Reef Resort site in the West Bay district of the Cayman Islands. (more…)

Development is running rampant in the Cayman Islands as private developers and government alike continue to work towards improving our properties, businesses and overall civic infrastructure. Recently the government began a $55 million project to expand and improve our nation’s airport facilities. This work commenced last year when the CI government signed the initial $3.6 million building contract with construction...

In early 2014, the famed professional golfer Arnold Palmer was in town to break ground on the new Arnold Palmer golf course that will be implemented as a part of the new Ironwood Development. (more…)

A new retail operation is being developed in George Town via a long-term lease with the Cayman government. The George Town Craft Market will be redeveloped by one of Cayman’s leading duty free retailers, Magnum Jewelers. Magnum will lease the... (more…)

This week's Cayman Property News under the sun focuses on - the proposed George Town Boardwalk. Taking inspiration from existing boardwalks in Havana, Miami, New York & Paris this boardwalk links downtown George Town to Seven Mile Beach and is sure to excite tourists & locals alike. The Central Planning Authority is currently considering the application received for a .25...

Last week the developers of Morritt’s Tortuga Club and Morritt’s Grand Resort announced a $58mil expansion starting in 2012. This announcement echoes end of year forecasts predicting that construction and development will recover in 2012. And at the same time... (more…)

Cayman has four premier hotels operated by international brands. One of them, the Grand Cayman Marriott Beach Resort, has just announced major renovations in 2012 under new ownership. Private Equity Group has joined Gencom Group and Marriott as a major shareholder in the property. (more…)

Cayman Enterprise City (CEC), the special economic zone designed to bring more business to the Cayman Islands, is in the news again with the announcement that the developers are in discussions with Virgin Produced. This announcement gives a recognizable face – Virgin Produced as a client in the media park – to the concept of building... (more…)

Cayman Enterprise City (CEC) is an ambitious development, a partnership between Hon Cayman Properties Ltd. and the Cayman Islands Government, which has made the news several times since January. It will be the first special economic zone (SEZ) in the Americas and is modelled on similar SEZs in Dubai and other locations... (more…)