New $360 million mixed-use development in Cayman Islands set to break ground in Spring, 2014
A brand new $360 million mixed-use development will be breaking ground in the Cayman Islands in the Caribbean in the spring this year. The development will be located on the East End of the island of Grand Cayman and will feature a resort for tourists taking Cayman Islands holidays, residential community, shops and an Arnold Palmer signature golf course.
The Cayman Islands is a popular tourist destination in the Caribbean and developers of a new $360 million mixed-use development have announced that it is set to break ground in spring, 2014.
The development will be located on the East End of the island of Grand Cayman and will cater for both residents and tourists taking holidays in the island. It will feature a resort, a town centre with shops, and an Arnold Palmer signature golf course.
The development will be known as the Ironwood community and will be designed by local architect John Doak, while the Cayman Islands hotel and club house will be designed by DDL.
Denise Gower, spokesperson for the project, commented:
"The development of Ironwood and the continuation of the East-West Corridor is the catalyst for more development in the area as it provides the nucleus of infrastructure needed to develop beautiful East End and North Side in a responsible and sustainable way."
And James McVey, the project director, added:
"We have agreed with Government to work with local contractors on this project and construction can start within 60 days of finalising P3. With a build schedule of around 24 months, everyone is quite keen to get the shovels in the ground and get people working on this exciting project."
The Cayman Islands are made up of three main islands located in the west Caribbean Sea, south of Cuba: Grand Cayman, Little Cayman and Cayman Brac.
The island nation is a British Overseas territory and is one of the Caribbean's most popular scuba diving destinations and due to the tropical climate, idyllic natural surroundings, luxurious beachfront accommodation, and thriving marine parks.
In the Cayman Islands, tourists can relax on pristine white sand beaches including the famous Seven Mile Beach, and enjoy excellent conditions for scuba diving and snorkelling activities in warm, turquoise ocean waters.
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