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New Cayman Town "Camana Bay"

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New Cayman Town "Camana Bay"

Postby KarenS » Mon May 15, 2006 8:58 am

From "Construction of Camana Bay, the new town being developed in Grand Cayman by Dart, is well on course.

At a seminar held at the Ritz–Carlton Wednesday more than 300 people gathered to hear about progress of the multi–million dollar project and the concept of New Urbanism, which is the design basis of the town.

Jim Lammers, chief executive officer and managing director of Dart Realty (Cayman) Ltd. said Camana Bay was well on the way to becoming a world–class community.

Facilities due to open next year include a large office building, structured parking, six–screen cinema, retail and garden offices, and a landscaped area known as the Botanical Way.

Accounting firm Ernst & Young will be the anchor tenant in the office building and Cayman National Bank is also planning to open a branch there.

It is anticipated that an inner harbour area with restaurants, homes and offices will be opened in 2008.

“As to what our next phases will be, in addition to continuing to grow the town centre, a major emphasis of ours will be on the resort and residential villages, especially the residential villages, given the high level of interest being expressed by people who wish to live in Camana Bay,” said Mr. Lammers.

A community newspaper, The Camana Bay Times, will be published several times a year to keep island residents up–to–date with developments.

He added that the new community was not intended to replace others on the island but to complement the already rich fabric that makes Cayman a special place.

Camana Bay will cover an area of more than 500 acres, stretching from Seven Mile Beach to North Sound.

Expected to be rolled–out over three decades, future residential phases will include lofts, townhouses, and a variety of single–family and multi–family homes and condominiums.

The architecture will be complemented by public open spaces with native vegetation and water features.

Pedestrian–friendly streets and sidewalks, bike paths, parks, walking trails and direct access to Seven Mile Beach are other planned features of the town.

The design concept is known as New Urbanism, focusing on creating an integrated community which is pedestrian and environmentally–friendly."

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