Crownworld

Tag Archive: hotel

Pageant Beach Hotel Resort has Moved a Step Closer

Pageant Beach Hotel resort has moved a step closer after the developer finalized a US$25-million deal on Dec 7th.

The Howard Hospitality Group, which opened the Margaritaville resort earlier this year, has partnered with New Jersey-based Madison Hill Properties for the project.

Planning permission was granted in October and hopes to open a new luxury 5-star resort at the site in late 2020.

The resort will include 30,000 square feet of conference space, five pools, seven bars and restaurants, a private screening room, spa and gym, and approximately 400 guest rooms and suites.

The resort will eventually employ a permanent staff of around 500 people. (more…)

December 13, 2017 Blog, , Read more >

New Development in Bodden Town

On Thursday 24th of September the Cayman Government signed an agreement with developer John David Layton to construct a five-star hotel and condominium project in Beach Bay.

The project is set to start next year at St. James Point in the District of Bodden Town. Plans call for a branded hotel that includes a spa, restaurants, bars and retail space.

The developers have been talking with successive administrations for around seven years but after reaching an agreement with the government they are now ready to begin submitting planning applications.

The Cayman Government will be giving up a potential income of $25 million in concessions to ensure that the hotel and condo project gets built.

The Government believe that income for decades into the future from hotel room tax, visitor spend, duty from the sale of the condos will out weigh the duty waiver on construction material, furniture and fixtures for the construction, stamp duty, and non-consumable material for start-up of the facility. (more…)

October 2, 2015 Blog, , , , , , , , , , , , , , , , , Read more >