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Tag Archive: Redevelopment

Dart Buys in Little Cayman

Dart Group continued with there busy year and confirm it will buy Paradise Villas resort and Hungry Iguana restaurant on Little Cayman.

This will be Dart’s first project on the Sister Islands, and they have reassured people that it will keep in the style of the island.

“We share the widely held view that Little Cayman’s charm comes from its quaintness and unspoiled nature. We intend to help preserve that character for this and future generations,” said Mark VanDevelde, chief executive officer of Dart Realty.

Paradise Villas is the only 100% Oceanfront Resort on Little Cayman, and a popular accommodation spot for dive tourists exploring the islands Bloody Bay Marine Park. The villas are also part of TripAdvisor’s Hall of Fame for obtaining Certificate of Excellence for 5 years in a row.

The Hungry Iguana bar and restaurant is one of only a few nightsports on the island and serves as a de facto airport departure and arrival lounge. The ‘Iggy’ also has the only true waterfront dining on the Island. (more…)

June 8, 2016 Blog, , , , Read more >

West Ocala to have $60 Million of Upgrades

The West Ocala Community Redevelopment Area will see $60 million pumped into the area over the next 30 years. The program will bring upgrades and aesthetic improvements that the area has needed for decades.

“I believe that the West Ocala is long overdue, and although it will be slow moving in the beginning, it will allow the compounding of dollars to help towards future projects,” Ocala City Council President Jim Hilty wrote in an email.

Over the next three decades the funds will be aimed at projects including beautification of the State Road 40, Pine Avenue, Martin Luther King Jr. Avenue, State Road 200 and U.S. 27 gateway corridors through West Ocala; upgrades in the historical section; and more housing development in the formerly blighted Busbee Quarters area now known as Phoenix Heights.

These redevelopments come at a good time for Ocala, with house prices finally starting to increase. According to the latest report from Ocala/Marion County Association of Realtors, there has been a 15.6 percent boost on the price of an average single-family home from the previous year.

Moving forward, the city is feeling very positive and hopeful about the proposed changes and improvements. Efforts will be made to reach out to the current residents of the area for their insight and input in order to make Busbee Quarters as great as possible. Nothing but positive change is anticipated for West Ocala.

CrownWorld offer an opportunity to purchase building plots which have full and irrevocable planning permission for residential family homes to be developed on a secure gated subdivision in Ocala. Buyers can confidently take advantage of the upturn in the US real estate market as prices begin to rise but yet still invest in the precious commodity of land. For more information please go to our contact page or email info@crownworld.com and leave your details.

May 25, 2016 Blog, , , Read more >