Tag: NCB Group
NCB says locals buying into GT boutique hotel
(CNS): NCB, the developers of a new hotel under construction on North Church Street, says that half of the residencies have already been sold and that three-quarters of them were purchased by local residents rather than offshore buyers. While many realtors in the Cayman Islands market depend on overseas investors to snap up their high-end […]
Small resort faces beach loss from new hotel
(CNS): The manager of Coral Sands, a small George Town condo resort, told the Central Planning Authority that the seawall constructed as part of a hotel development next door is taking the beach away from the older condo complex on North Church Street. The owners of the resort made a planning application for a sea […]
Developers defend projects facing public backlash
(CNS): Local residents challenging the pace of development are no longer just committed environmental activists but increasingly include Caymanians who have been marginalized by projects that undermine the culture and heritage of these islands, but some developers are standing by their plans, despite the controversy they are causing. Matthew Wight, one of three Caymanian developers […]
GT hotel grows a floor and secures luxury tag
(CNS): The NCB Group’s proposed boutique hotel project on the George Town waterfront is still on track and due to open in late 2021, the developer has confirmed. Although work appeared to have stalled on the site, NCB told CNS that it is now ready and fully prepped for construction to start in April. Work […]
CPA to consider Camana Bay’s residential project
(CNS): A planning application for the first ‘for sale’ residential development inside the Camana Bay area will be heard by the Central Planning Authority next week, according to the recently published agenda for the first meeting of the board in November. The proposal for a 124-unit residential development, including 24 duplexes, 44 single-family homes, 56 apartments, 39 pools, a boardwalk-dock […]
Dart to start work on residential areas
(CNS): The Cayman Islands’ largest developer is set to start work soon on a residential project in Camana Bay, where the homes will be for sale. So far, the sprawling mixed-used town created by Dart has focused on commercial ventures, such as office blocks and retail developments, where a number of town centre apartments were […]
