A Trade and Business Licence has been granted allowing Fluor Daniel (Caribbean) Ltd. to return to the Cayman Islands to provide project management consultancy services for the Dart development off Seven Mile Beach.
Contrary to other media reports, however, Fluor will not be involved in providing construction services for the project, the Dart company said.
Dart Realty vice president of marketing and public affairs John Papesh confirmed Fluor’s involvement in the project.
‘As part of the multi-phase, multi-decade build-out of the 300-plus acre mixed-use, master-planned community, we are pleased to have been granted permission by the Trade and Business Licensing Board to utilize the project manager services and expertise of Fluor Daniel (Caribbean) Ltd., a wholly-owned subsidiary of Fluor Corporation,’ said Mr. Papesh.
‘Fluor, with revenues pf $9.4 billion in 2004, provides, as you know, services on a global basis in the fields of engineering, procurement, construction operations and project management.’
Mr. Papesh said the Trade and Business License granted gives Fluor a limited role on the project.
‘Specifically, Fluor will act as agent on behalf of Dart to manage the numerous contractors involved with construction of the project,’ he said. ‘Fluor will not provide direct construction services for the effort.’
Mr. Papesh said the construction work would be procured from local contractors and tradesmen.
The first phase of the project will put more than 400,000 square feet under roof.
‘This is the largest build-out to date in the history of the Cayman Islands,’ he said. ‘There’s no way one contractor can do all of that work. We’ll be getting many local contractors and tradesmen involved.’
Mr. Papesh said several companies such as the Burns Connolly Group, McAlpine and Apec Engineering are already providing work for the project.
‘And more local companies will be joining soon’ he said.
Dart very much wants to use local contractors on the project, Mr. Papesh said.
‘We really have an interest in having locals do this work,’ said Mr. Papesh, noting the benefits it would have on the local economy.
‘We want to keep as much of the money here as possible,’ he said.
Fluor Daniel previously worked on the Ritz-Carlton, Grand Cayman project.