Tag: Dart Realty (Cayman)
Dart gets go-ahead to dig up 7MB
(CNS): One of Dart’s web of property companies has been given the go-ahead for the first step in the developer’s goal to remove the natural formation of beach-rock in an area of Seven Mile Beach just north of its new Kimpton resort. Department of Environment officials learned yesterday that the application that Crymble Landholding Ltd […]
Dart digs up sand to transfer to Kimpton
(CNS): A huge hole has appeared on land owned by Dart along the old West Bay Road after excavation work began to transfer sand to the Kimpton Hotel area. The developer told CNS that the company was in the process of moving sand on land it owns to the public areas around the new hotel. Although the […]
Investigation opens into Camana Bay kids’ street brawl
(CNS): The RCIPS has confirmed that officers are investigating a brawl that broke out at Camana Bay on Saturday night involving minors. Police on patrol in the area responded to fights at around 10:30pm and again at 11:30pm but claimed the fighting kids quickly dispersed after their arrival. However, other eye-witness sources told CNS that as many as […]
Condo owners in fight with Dart
(CNS): Homeowners at the Britannia community are suffering “immense disquiet”, according to a spokesperson for the strata, due to a dispute with one of Dart’s web of companies over rights to amenities that they believe came with the deal when they bought their homes. Paul Simon, a representative for the residents, has accused the new […]
Dart to shut down 9-hole golf course
(CNS): Keeping the Britannia nine-hole golf course open is “commercially unfeasible”, officials from Dart Realty (Cayman) have said. Announcing the decision to close the course, which came in the package when the islands’ largest developer acquired the former Hyatt Resort and Grand Cayman Beach Suites, Dart said it had analyzed operations for the past few […]
CIG finances ETH extension from Dragon Bay sale
(CNS): The government is using over $5 million that it received as part of the sale of crown land to Dart to part finance the expansion of the Esterley Tibbetts Highway to four lanes from town to Camana Bay. Work began yesterday to clear government-owned land on the eastern side of the ETH-south to facilitate […]
CIG-Dart deal adds $13M to duty cap
(CNS): Government has agreed to increase the cap on duty and other concessions for Dart’s development projects falling within the so-called NRA deal by $13 million to replace the original 50% hotel accommodation tax concession. Premier Alden McLaughlin said this cap increase was preferable to the accommodation tax rebate as that would not only have cost […]
OAG didn’t review latest Dart deal
(CNS): The newly revised deal between government and the Dart Group has not been reviewed by the auditor general, despite his criticisms and concerns about the so-called NRA Agreement in a scathing report published last July, which was discussed during the Public Accounts Committee hearings in March. “To date, the Office of the Auditor General […]
CIG signs amended deal with Dart
(CNS): After three years of talks over the final amendment to the controversial deal with Dart, government has signed the third amendment, though few details have been released. In his Budget Statement delivered Monday, Premier Alden McLaughlin said the deal had been signed, but it is not clear what the full agreement now entails. The […]
CIG depending on uncertain projects
(CNS): The government is still hoping that a number of proposed but uncertain private sector projects will boost local room stock and the tourism sector over the next few years to sustain the current growth in air arrivals and feed the new airport and the newly announced plans to upgrade Cayman Airways’ fleet. Tourism Minister […]
Dart in junkyard dispute
(CNS): The emergence of an unsightly car junkyard on Crew Road in George Town has caused some concern on social media and the Cayman Islands’ largest developer and landowner, Dart Realty (Cayman) has confirmed that the company owns the land and is now in a legal dispute with the tenant. The planning department has also […]
