The Cayman Islands Government has declared that diversifying its predominately tourism and finance based economy is a top priority. With hopes of encouraging investment, new legislation has been passed to ensure Health City remains the only tertiary care facility within the region.
Over US $500M has been allocated to the development of the Cayman Islands’ largest master planned community over the 15 years of its phased development.
This investment comprises a broad spectrum of infrastructure development to support urban living, such as a road network that includes main boulevards, site access and residential streets coupled with bicycle lanes, recreational parks and community spaces.
As the project progresses through further phases, investment will shift to the development of all commercial, residential and retail structures, following the new urbanist principles of quality architecture and urban design.