New Building opens in Camana Bay by Dart Realty
On January 27, Dart Realty Ltd. opened 18 Forum Lane, their latest building in Camana Bay. Hon Wayne Panton, the Minister for Commerce, and other members of the Camana Bay and Grand Cayman business community attended the opening ceremony.
The new building located at 18 Forum Lane achieved LEED Gold certification in design, and was built for sustainability. At 86,000 square feet, it expands the leasable Class-A office space in the Town Centre to 400,000 square feet, explained Jackie Doak, Dart Realty’s Chief Operating Officer.
Ms. Doak cited a PwC report to explain that by the year 2020 all buildings in advanced economies will have to have a sustainability rating. She continued to say that by 2020 all livable spaces will be designed with green zones, good air quality, and spaces for social activity.
The report perfectly embodies the innovation and design philosophy behind Camana Bay, which includes sustainability, new urbanist principles of walkability, green areas, and a strong community.
Ken Dart’s vision paired with Dart Realty Ltd.’s core value of innovation is what has put the company decades ahead of the curve, and what keeps them committed to excellence and sustainability in design, explained Mrs. Doak.
One of the first tenants, PwC, moved into the new building in December 2015. They occupy the fourth floor and part of the third floor of 18 Forum Lane. Graeme Sunley, a Senior Partner at PwC, was pleased to move in on time and significantly under budget, commending the construction led by DECCO.
Camana Bay emphasizes sustainability as the future of construction in the Cayman Islands. While 18 Forum Lane is the first of the Cayman Island buildings to receive LEED Gold-Certified standing, it will not be the last. Its sister building, designed with these Gold principles in mind, is projected to be completed by 2017.
The sister building will have four stories for retail and restaurant spaces. In addition to these spaces, it will offer office suites and add an additional 86,000 square feet to Camana Bay’s leasable space. These two buildings will share a 200,000 square feet courtyard, which will offer a great venue for outdoor events and meetings.
Like 18 Forum Lane, the new building will also minimize energy use with the use of aluminum shutters, which align with Caymanian architecture, solar panels, and landscaping to offer more shade in open areas. Mr. Sunley explained the perfect location of 18 Forum Lane and its sister project allows employees of companies to attend events within the mixed-use community and return to work easily.