An environmentally friendly housing development, featuring 85 homes, is planned for Grand Harbour.
Pre-construction sales have begun for the Periwinkle residential community on land overlooking the North Sound canals, next to Hurley’s Supermarket.
The project aims to be the first of its type in the Cayman Islands to gain the Leadership in Energy and Environmental Design certification – an internationally recognized rating for environmentally friendly buildings.
Ryan Ostendorf, of Periwinkle Development, said a planning application would go in next month for the first phase of the development, with construction set to begin in October. He said the project was fully financed and was backed by Caymanian investors. Arch and Godfrey is the contractor.
The project will feature a mix of Cayman-style cottages, courtyard town homes and waterfront town homes, around a large swimming pool, Jacuzzi and boat dock. Prices will range from $350,000 to $1 million.
Mr. Ostendorf said the homes will feature rooftop solar panels and an energy-efficient design that will guarantee monthly electricity bills of just $150.
“We have done energy modelling on the homes,” he said, “so we can tell what the energy requirements will be, before it is built.
“We wanted to see how we could differentiate the development from some of the others in Cayman, and we think the energy efficient design is one way to do that.”
He said the development, which will be built in phases over the next five years and will be spread across a 9-acre site, and aims to be more of a traditional community.
He said the design features lots of open spaces and a walking track around the complex, as well as a community clubhouse with paddleboards and kayaks for communal use.
“There is a gap in the market, we believe, for families [who] want to live on the water for less than a million dollars.”
The eco-friendly project also features quirks like a “farm to table” program enabling residents to get fresh locally grown fruit and vegetables delivered every week.
Mr. Ostendorf said the design and running of the complex was aimed at people seeking a modern, eco-friendly lifestyle.
He said dock lighting and street lighting would be solar powered, while the pipes and appliances would be designed to reduce water consumption. The building materials and style would help limit the air conditioning requirements.
While other developments have similar design features, Mr. Ostendorf believes this will be the first residential community in Cayman to be LEED certified.
“There have been offices and some homes that are certified but there are no other communities like this right now,” he said.