Dart has agreed to lease its property at Barefoot Beach in East End to a third-party tenant who has partnered with NCB Group for the planned development of a boutique eco-resort.
The third-party tenant approached Dart to lease the site for the construction of 89 low-rise, environmentally friendly cottages and onsite hotel amenities. The planning application was submitted on 14 March.
Towering shade trees, lush greenery, and a colourful array of flowering plants are a hallmark of several of the Dart group’s development projects.
As work continues on two new projects in the Camana Bay corridor, the green-thumbs at the Dart nursery are working to supply the considerable landscaping needs.
As part of the Third Amendment to the NRA Agreement, Dart is committed to making US$3 million worth of improvements to upgrade the recreational areas on the land behind Seven Mile Public Beach.
These upgrades will enhance the beach going experience for all users by introducing much-needed facilities such as a dedicated space for beach vendors, new sports areas, an additional bathroom block complete with ADA-compliant changing facilities, and additional shade trees.
Since 2012, Dart has donated approximately CI$5 million to local non-profit endeavours. This year, in an effort to maximise Dart’s positive impact on the local community, the company launched Dart Grants, a new programme of up to 15 fixed grants ranging from CI$10,000 to CI$50,000.
Dart Grants will support locally registered and based non-profit organisations with a focus on high-impact work in the areas of youth development, education or the environment.
Dart attended the Cayman Islands Chamber of Commerce Legislative Luncheon alongside local business leaders to discuss a number of topics—including the country’s current economic boom—with members of the Legislative Assembly. Held at the Kimpton Seafire Resort & Spa, the well-attended gathering was not only a snapshot of Cayman’s thriving business community but also of a country united in pursuit of continued economic growth.
At the Cayman Economic Outlook conference today, Premier Alden McLaughlin announced government’s intention to consider Dart’s innovative proposal to develop an iconic tower that would create a new skyline and become recognisable the world over.
The Cayman Alternative Investment Summit (CAIS) today announced the results of its recent survey of approximately 100 alternative investors and managers in attendance at its sixth annual conference, which took place February 6-8, 2019 in the Cayman Islands. The survey results highlight the industry topics that drove conversations among attendees both on and off stage at CAIS through its theme, “Tech-Tonic Shift: Innovation in Alternative Investments.”
