Construction
Developer begins work on road to proposed hotel
(CNS Business): Developers and politicians were out in force Thursday to announce the start of a road that will lead to a proposed new hotel development in the Beach Bay area. Although the project has not started, developers claim St James Point Resort will begin with a 200-room hotel and 75 residential units managed by undisclosed […]
CEC added US $70M to local economy
(CNS Business): Cayman Enterprise City officials say that the special economic zone (SEZ) has attracted 60 new companies over the past year, that its impact to the local economy since its creation is nearly US$70 million and that there are now around 300 zone-based employees. Almost five years after former premier McKeeva Bush announced plans for a deal […]
Airport progresses despite rain delaying work
(CNS): Workers have begun erecting the 29,000 square foot steel framed building at Owen Roberts International Airport, the first phase in the expansion plan, which is on schedule despite the weather. Heavy rains in December caused a few delays to the groundwork but the project is on track, according to officials. The Cayman Islands Airport Authority […]
Tech city to be built in Fairbanks area
(CNS Business): Well over four years after promising a campus to transform Cayman into a technological centre of excellence, the current management team of Cayman Enterprise City has settled on a site in the Fairbanks area of George Town for the tech zone’s actual campus. Since government passed a special law for the proposed project […]
Futuristic design for Cayman resort unveiled in Miami
(CNS Business): The design for the proposed resort in the Beach Bay area of Bodden Town was unveiled at an art gallery in Miami recently when developers announced the winning architects for the US$250 million hotel they are building at St James Point. Beach Bay Land Limited (BBLL) said TEN Arquitectos won the competition, beating […]
Cayman to get another shot of Margaritaville
(CNS): The Treasure Island hotel in the heart of Grand Cayman’s tourist district is to become a full-scale Margaritaville Resort, new owners have said. Howard Hospitality Group (HHG) has bought the site, which was on sale for just over $15 million, and said it is already planning a major redesign and renovation of the building to […]
Airport begins search for builders
(CNS): The Cayman Islands Airports Authority has started the process to find a general contractor to undertake the renovation and expansion of Owen Roberts International Airport terminal. Airport officials said the first step is to prequalify general contractors for the second but main phase of the project. This contract will be for the terminal building, including approximately […]
5-star resort expected to bring new life to BT
(CNS): A 200-room five-star hotel and 75 private condos planned for the Beach Bay of Bodden Town has taken a step towards becoming a reality after government signed an official agreement Thursday that will see construction start on the project inside twelve months. The investors involved in the project said the goal was to have […]
Airport boss said project will be ‘challenging’
(CNS Business): Renovating and expanding the Owen Roberts International Airport while keeping it open to the public will be challenging, the Cayman Islands Airports Authority CEO Albert Anderson said Thursday, but the management will do all it can to minimise the impact on travellers. He said much of the work will be done at night and when […]
Arch & Godfrey secures first airport contract
(CNS Business): The contract to develop the first phase of the renovation of the George Town airport has been won by local construction firm Arch & Godfrey. The $3.6 million contract for this first part of the more than $40 million long-awaited project to redevelop Owen Roberts International, which is to build a new baggage […]
Private sector development boom fails to materialize
(CNS Business): Progress on the private sector construction projects government is depending on to boost the local economy is thin on the ground as the PPM administration passes its halfway mark. From Frank Sound to George Town, government has touted a number of proposed developments by private sector investors that it is hoping will create […]
Road extension set to start November
(CNS Business): Two years after the Ironwood project was announced, developers said they are finally set to break ground on the $360 million commercial, tourism and residential community in Frank Sound by the end of this year. The uncertainty surrounding the future development of Cayman’s first ever PGA championship golf course has been questioned and […]
Builders Bill heading for the LA
(CNS Business): The long debated Builders Bill, which would create more accountability in Cayman’s construction industry and protect those who hire contractors, will make its way to the Legislative Assembly when parliamentary meetings continue next month. The bill, which is on government’s agenda for 12 August, is an update to the law passed in May […]
Chamber takes pulse of members on cruise port
(CNS Business): With just a few days to go until the Department of Environment closes the public consultation on the draft Environmental Impact Assessment on the proposed cruise dock, the Chamber of Commerce is asking its members to complete a short survey on the issue. Officials from the local business organisation said the Chamber Council is […]
CIAA invites bids for ORIA baggage area
(CNS Business): It’s been more than three months since the plans to upgrade and expand Owen Roberts International Airport were revealed, and now the Cayman Islands Airport Authority (CIAA) is taking bids from construction firms as to who will be in charge of creating the first phase of the major redevelopment project.
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