Dart Realty and DECCO executives joined construction workers, architects, government officials and well-wishers last week in a “topping out” ceremony at the new office and retail complex called “18 Forum Lane” at Camana Bay.
“Topping Out” a building site derives from an ancient Scandinavian tradition of setting into place the highest beam of a project, accompanied by a living plant or tree (in this case, a small Silver Thatch Palm) as a talisman to good luck.
At the Camana Bay gathering, the beam, before being hoisted skyward by a large crane, was signed by representatives from Dart Realty, DECCO, PwC, Cayman Islands government officals and the more than 70 construction workers who have logged over 175,000 hours building the project.
18 Forum Lane will consist of 85,000 square feet of leasable space with retail outlets on the ground floor and offices on the second, third and fourth floors.
Accounting firm PwC, the anchor tenant, will occupy 26,000 square feet of the top and part of the third floors.
18 Forum Lane is on track to become the Caribbean’s first certified LEED Gold mixed-use commercial building. LEED (Leadership in Energy and Environmental Design) sets a recognizable rating standard for assessing the environmental sustainability of building construction.
The Camana Bay project was designed by Lake|Flato of San Antonio, Texas, world leaders in modern, sustainable architecture.
All of the landscaping at the new site will consist of indigenous plants and trees from the Dart Nursery.
18 Forum Lane is a development of Dart Realty (Cayman) Ltd. with construction management by DECCO and McAlpine. The new building will open officially in the first quarter of 2015.
When construction work is completed, many of the workers will move to the Kimpton Hotel building site, another Dart Realty project, assuring them continuity of employment.