First Caymana Bay Community For Home Buyers!
Recently, due to much economic growth and stability, the Cayman Islands has seen an astounding amount of growth and boom in population. In turn, more expansion projects to house these individuals that are changing their lives for the better and moving to the Islands. The Dart group has recently begun it’s marketing campaign its first for-sale residential development with Caymana Bay, a 124 home community named OLEA. Whether you’re looking for a one-bedroom condo or really needing something bigger such as a four-bedroom townhouse, this amazing new development has you covered. There’s also an endless amount of perks that come with living in this new development. It’s walking distance from the Cayman International School and in southern reach of Camana Bay harbor. It will also be walking distance from the town center, the movie theatre. There will also be walking trails and biking trails. Having this many facilities near a community was unheard of up to this point.
“We knew there was pent-up demand for a for-sale residential community at Camana Bay, but the initial positive feedback received still exceeded our expectations,” said Jackie Doak, president of Dart Real Estate. “This is a clear indication that Camana Bay plays a pivotal role, not only in the development of the community itself, but in the wider Cayman Islands economy.”A planning application has been submitted to the Central Planning Authority and the development is scheduled to break ground in early 2019, with phase one scheduled for completion by August 2020 and phase two by February 2021. This is amazing news for everyone on the Islands because it shows the promise and continuation of growth. Here at Eightpoint we are so excited for the Cayman Islands as a whole. To keep up with other local Cayman Island news make sure to check out our daily blog, and never miss out on the EightPoint lifestyle!