It’s a month of celebration at Dart Real Estate! We’re opening 62 condos at The Residences at Seafire, celebrating Camana Bay’s 10th anniversary, paving the way for the Esterley Tibbetts Highway, rejuvenating Paradise Villas in Little Cayman and we’re thrilled to have added The Ritz-Carlton, Grand Cayman to our portfolio.
On Monday, June 26, the National Roads Authority (NRA) will officially open the new three-lane Camana Bay Town Centre Roundabout, a vehicular underpass and a pedestrian ramp on the new Esterley Tibbetts Highway (ETH).
Who says infrastructure can’t be both beautiful and functional? Here are 10 of our favourite facts about the new Camana Bay Roundabout, vehicular underpass and pedestrian ramp on the recently opened Esterley Tibbetts Highway.
In addition to ongoing major infrastructure projects in the area and the construction of a new Class A office building, Dart has plans to build even more office buildings at Camana Bay, expand CIS and develop a large shopping plaza with integrated residential units, as well as a residential tower.
Today the Cayman Islands Government, the National Roads Authority (NRA) and Dart Realty signed the Third Amendment to the NRA Agreement, an economic stimulus package that has created employment opportunities, road infrastructure and sustainable development projects.
Dart Realty confirmed that after offering to purchase the freehold title to the Dragon Bay lands from the Cayman Islands Government, the parties have mutually agreed a purchase price of US$14.574 million.
In the 20 years since Kenneth Dart bought the land that has become Camana Bay, Dart Realty (Cayman) Ltd. and its associated companies have also been involved in many other real estate and development activities on Grand Cayman.
Today, Dart is starting the first stage of its US$400 million development commitment to the Cayman Islands by submitting an application to the Central Planning Authority for the widening and realignment of the Esterley Tibbetts Highway.