CIMA moves to Pavilion East in Cricket Square

The Cayman Islands Monetary Authority has a new home.

As of 30 June, Cayman’s financial services regulator moved to the second floor of the newly opened Pavilion East building in Cricket Square. The move was a short one for CIMA, which previously had offices at SIX, another office building in Cricket Square.

“CIMA’s relocation to Pavilion East at Cricket Square marks a significant milestone in our journey of growth, innovation, and transformation,” said Cindy Scotland, CEO of the Cayman Islands Monetary Authority in a press release.

“As our team continues to expand, this purpose-built, modern space enhances our ability to serve the financial services industry with greater efficiency, agility, and vision. It also reinforces our commitment to regulatory excellence and progressive leadership.”

Produced by Orchid Development, Pavilion East is a seven-floor building comprising some 140,000 square feet of Class A office space. The building is set to achieve LEED Gold certification, a globally recognised symbol of sustainability achievement, because of its numerous sustainable systems and materials.

Designed with flexibility and growth in mind, each floor of the building offers 20,000-square-foot floor plates with provision for tenant growth and expansion to 40,000-square-foot floor plates through the planned adjacent building, Pavilion West. Pavilion East also features custom balconies, landscaped terraces and a lobby that showcases local art.

Clarence ‘King’ Flowers, CEO of Orchid Development said, “As the seventh phase of Cricket Square’s evolution, Pavilion East reinforces our long-standing commitment to design excellence, environmental leadership, and the continued revitalisation of George Town.

“This is more than just a building. It’s a community hub where some of Cayman’s most prestigious businesses come together in a space designed to support collaboration, productivity and well-being.”

In addition to CIMA, Pavilion East’s other inaugural tenants include the law firm Carey Olsen, the financial services provider MUFG, the Cayman Islands Stock Exchange and the Public Service Pensions Board.