The accounting firm Ernst & Young announced this week it will move to the Financial Centre in the Camana Bay project’s Town Centre.
Managing Partner Dan Scott said Ernst & Young was looking forward to moving into its new home at Camana Bay.
‘This visionary new development, being built by the Dart organization, promises to be the premier location from which to conduct business in the Cayman Islands,’ he said.
Ernst & Young is the first company to commit to the Financial Centre, located within Camana Bay’s Town Centre east of the Esterley Tibbetts Highway in George Town.
The Financial Centre will offer approximately 85,000 square feet of Class A office space on four floors which will also have an accompanying 239-space parking deck.
The Financial Centre is scheduled for completion in late 2006.
Ernst & Young will occupy the top two floors of the office building, which overlooks the Town Centre Harbour.
Developer Dart’s Realty’s chief operating officer Mark VanDevelde said he was pleased to welcome Ernst & Young as the first tenant to Camana Bay.
‘From the beginning we have focused on creating a town of the highest quality,’ he said.
‘In my mind, having the respected firm of Ernst & Young join the Camana Bay family with its reputation for high quality, integrity and good corporate citizenship only enhances the Town Centre.”
Established in Cayman in 1967, the accounting firm became known as Arthur Young in 1978.
In 1990, it merged with Ernst and Whitney and adopted the name Ernst & Young.
The firm has more than100000 employees in 140 countries and is known as one of the ‘Big Four’ accounting firms.
The new Financial Centre will provide Ernst & Young and its other tenants with access to the latest cutting-edge technology.
The building will have its own intranet, as well as intelligently structured wiring systems that will provide fibre optics, digital broadband telecommunications, wired and wireless computing, security monitoring, and other technological advancements.
Safe keeping document storage facilities will also feature at the Financial Centre.