Construction
Watersports business warns against cruise dock proposal
(CNS Business): A recent Environmental Impact Assessment revealed that the proposed Grand Cayman cruise berthing facility in the George Town Harbour would devastate several acres of coral reef. “To destroy that is to destroy Cayman, and if the reefs go then so do the tourists,” a local diver told CNS Business. But an owner of […]
Airport reveals designs for new look
(CNS Business): The Cayman Islands Airports Authority (CIAA) has unveiled the drawings for the $55 million upgrade and expansion project at Owen Roberts International Airport (ORIA). Airport officials said they were impressed by the interior conceptual drawings for the project, which have been done by Florida based firm RS&H Group.
Plans to breathe life back into Cayman capital
(CNS Business): The Cayman Island’s Government said that after watching the steady drain of life from George Town, it’s time to bring it back. Planning Minister Kurt Tibbetts said the government has committed to spending $20 million over the next four years on infrastructure projects.
Redesign of ORIA unveiled
(CNS Business): The Cayman Islands Government said it’s time for residents and tourists to experience a world-class airport, and they hope to do just that with their brand new design of Owen Roberts International Airport. On Monday government and airport officials unveiled the new concept of a state-of-the-art airport, with a price tag of $55 […]
Two RICS initiatives adopted by CI
(CNS Business): Two new RICS initiatives, recently adopted by the Cayman Islands, are set to bring a new level of standards to property valuation to the islands and across the Caribbean. After talks between the RICS, Cayman Islands’ Lands & Survey Department and the Valuation & Estates office, Cayman officially adopted the new standard for […]
New retail complex for West Bay
(CNS Business): People living in the district of West Bay will soon see a new development popping up beside Foster’s Food Fair. Cayman Islands’ Jacques Scott Group Ltd has big plans to build a new liquor store and retail complex in the opened plot. However, Retail Division Manager David Hubble said the company is still in […]
Contractor picked for proposed project
(CNS): Investors planning to develop a golfing resort and community in the Frank Sound area have signed a deal with Arch and Godfrey to build the town centre, officials have announced, but they remain in negotiations with government over the development of a critical highway. The Ironwood project is contingent on the extension of the […]
US firm wins bid to design new airport
(CNS Business): The Central Tenders Committee (CTC) has awarded the airport redevelopment design and construction cost consultancy contract to a Florida-based firm with a track record of airport projects. RS&H Group of Jacksonville, Florida, beat out three other pre-qualified bidders to win the contract for the expansion of the terminal buildings at the Owen Roberts […]
CIG anxious for Ironwood deal
(CNS Business): The Cayman Islands premier has said that he and the government are anxious to get a deal to facilitate the proposed Ironwood development in Frank Sound. But despite holding a press conference this week with the designers, developers, financiers, engineers and top professional golfer Arnold Palmer, it was revealed that government has still […]
CIG’s infrastructure plans inspire conference theme
(CNS Business): Organisers of a property and construction conference schedule to take place in Grand Cayman in March next year said the theme for the industry gathering is inspired by the Cayman government’s plans to prioritize a number of major infrastructure projects. Some 200 delegates are expected at the Royal Institution of Chartered Surveyors (RICS) […]
CIG is helping economic growth, claims premier
(CNS): Economic activity is on the up, Premier Alden McLaughlin has said, and his government is helping things along. Marketing Cayman as a great place to do business was a key focus of the Progressive administration, he said at the Chamber of Commerce Legislative Lunch last week, as he revealed a number of new initiatives, […]
Re-zone paves way for Bodden Town hotel
(CNS Business): A recent vote in the Legislative Assembly has paved the way for the development of a new resort in the Beach Bay area of Bodden Town. The project has been on the cards for a long time and the planning minister told his parliamentary colleagues, earlier this month that the current government picked […]
Chamber seeks update on revitalization of capital
(CNS Business): The Cayman Islands Chamber of Commerce has asked Planning Minister Kurt Tibbetts for an update on the progress with his ministry’s plan to revitalize George Town. In a letter dated 25 August, the Chamber Council noted that construction started last week on a board walk near the public fish market in George Town, which was one […]
Architects to be registered under proposed legislation
(CNS Business): Proposal legislation would require architects and engineers in the Cayman Islands to be registered, and they would also then be required, for the first time in this jurisdiction, to have professional indemnity insurance. Currently this is not mandatory as it is in other places, such as the UK and the US. This would […]
Registered valuers not necessarily qualified
(CNS Business) Updated: The Cayman Islands is the first county in the Americas where all valuations undertaken by chartered surveyors must be registered valuers, a scheme that was introduced by the local chapter of the Royal Institution of Chartered Surveyors. However, while the Valuer Registration scheme regulates valuation reporting standards, clients should be aware that […]
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