Dart Realty (Cayman) Ltd. announced this week the construction at Camana Bay of what will become the largest commercial office building in the Cayman Islands.
The new four-storey, 129,000-square-foot building will be called 89 Nexus Way. It will sit adjacent to the recently-completed 62 Forum Lane building, which is anchored by Ernst & Young and Cayman National Bank.
Dart Realty Communications Manager Susanna Blackburn said there has always been a place designated for another commercial office building in Camana Bay.
‘But we’ve brought the development forward due to the demand for Class A office space,’ she said. ‘The demand was more than we expected.’
Like the rest of the Camana Bay development, the foundation of 89 Nexus Way will be built up to seven feet above sea level and the building will meet Miami-Dade hurricane rating standards, Ms Blackburn said.
Although work commenced last month on the excavation of the underground parking for the building, a general contractor has not yet been chosen for the project.
The building has been designed to complement the architecture of the 62 Forum Lane building without being merely a mirror image. The building will feature clean geometries and natural materials such as coral stone and wood, said Sandy Urquhart, senior vice president of design at Dart Realty.
‘The beauty of the building is in the simple elegance of its architecture,’ he said. ‘It sits in perfect harmony with the surrounding buildings and with the marine environment.
‘We have even taken the decision to use crushed stone instead of paving under the arcading for a more natural feel.’
The architects have designed strong vertical elements in the building’s façade to create a smaller sense of proportion in the large structure. The central recessed glass lobby will continue up all four storeys, which will effectively divide the building in half and create an attractive courtyard on both sides. Two coral stone stair towers will bookend the structure, further reducing the scale of the project.
An environmentally sensitive approach has been taken to both the building design and its operation, said Burns Conolly, whose company is responsible for several aspects of the project.
‘This building has been designed to respond to its environment in a truly meaningful way and will include the use of appropriate materials, heat recovery and other energy saving components,’ he said.
89 Nexus Way is slated for completion by the end of 2009. The building and is already 60 per cent leased, and two anchor tenants are expected to be announced in the coming months.
When completed, 89 Nexus Way will become the largest commercial office building in the Cayman Islands. The Government Office Accommodation Project, which is scheduled to commence construction this month, will ultimately be a larger building, however, at five storeys and 185,000 square feet.