In a recent speech to the Alternative Investment Conference at the Kimpton Seafire Resort here in Cayman Premier Alden McLaughlin made a great many comments about economic growth in his home nation.
The DART family of companies, Cayman’s single largest landholder/property developer, recently submitted a formal application for a coastal works permit to move forward with its controversial and hotly contended plan to remove a stretch of “beach rock” from the sea.
The Cayman Islands Premier Mr. Alden McLaughlin has stated recently that the government is facing upwards of 24 lawsuits and reviews because of the delays in processing permanent residency applications.
There has been much speculation and posturing since Donald J. Trump ascended to the presidency of the Caribbean’s most powerful northerly regional neighbor the United States of America.
The Ritz-Carlton Grand Cayman recently received the AAA Five Diamond award (its fourth in a row).
The Dart Real Estate firm has recently been granted planning permission for an underpass along West Bay Road by the Cayman Islands government.
The Cricket Square complex has recently launched into its sixth development phase to bolster its already robust offerings of commercial business office space.
The official groundbreaking for the new Cayman HospiceCare complex is to begin soon.
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.
The Cayman Islands Tourism Department recently released some figures that indicated tourist arrivals via airplane and visitors on cruise ships have increased in the the third quarter and for the overall year to date.
Well-known American billionaire and Microsoft founding member Paul Allen has reached a tentative agreement with the Cayman Islands government wherein he will make a compensation payment for the damages done to a coral reef in the islands’ waters in an incident involving his mega yacht.
The DART group of companies has been given unique permission to remove rocks from the coveted waters off a Seven Mile Beach property.
From fiscal year 2009 to the present day the Cayman Islands Immigration Department collected nearly seventy million dollars in permanent residency fees.
Since the Cayman Islands government has recently announced its plans to buy a land parcel adjacent to the popular Smith Cove (thereby guaranteeing the public use of the venerated area indefinitely) the nation’s government is now facing increased public pressure to purchase another piece of oceanfront real estate to rescue it from private development.
In response to a rash of public backlash and outrage over a proposed condo development near Cayman’s beloved swimming area known as Smith Cove, the Cayman Islands government has agreed to purchasein principle the property to prevent any further development.