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Topic: Bronte Development Ltd.
Plans to demolish and redevelop one of Cayman’s oldest condos, Lacovia, have been approved by the Central Planning Authority, despite objections from neighbouring properties.
A number of “stalled” developments, particularly along Grand Cayman’s Seven Mile Beach corridor, may be able to get under way now that laws regarding how high those structures can be built have been clarified, according to a recent legal analysis.
The Cayman Islands government has agreed “in principle” to purchase a property on the northern end of Smith Cove, to prevent part of the beach from being developed. Premier Alden McLaughlin announced Friday in Legislative Assembly that the agreement had been made with Bronte Development Ltd. to buy the land, but a price had not been agreed.