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C O M P A N I E S

Leading the WayT O C A Y M A N ’ S F U T U R E

M A G A Z I N E

A Special Advertorial Supplement of

Set to experience one of the biggest economic shiftsin recent times, the Cayman Islands is well posi-tioned for greater opportunities and future growth.

A number of innovative projects are taking shape thatwill diversify, strengthen, and transform the economiclandscape of these islands.

At the moment, Cayman is experiencing a businessand building boom, fueled by such projects as Health CityCayman Islands, the new luxury Kimpton-managed hotelon Seven Mile Beach, the “18 Forum Lane” commercialand retail complex at Camana Bay, the Caribbean Plazaon West Bay Road, and the ultra-luxury beachfront con-dominium project on Seven Mile Beach, TheWaterColours, among others.

Plans for a new cruise pier and airport expansion areadditional initiatives that will bolster existing industrieswhile diversifying the economy.

These diverse developments will build on Cayman’scompetitive strengths as a world-class financial servicescenter and tourism destination, its long-held economic pil-lars. Business innovators in the community, both large andsmall, are paving the way to bring greater prosperity anda brighter future for all.

Among the projects leading the way is the opening ofthe first phase of the visionary Health City Cayman Islands,a medical tourism venture in the east end of the island.

Health City Cayman Islands is a joint venture betweenNarayana Hrudayalaya Hospitals of India, a private ven-ture developed by renowned heart surgeon Dr. DeviShetty, and Ascension Health Alliance, the largest non-profit Catholic healthcare organization in the UnitedStates. The US $2-billion project, to be constructed inphases over the next 15 years through private financing,will bring high-quality, low-cost healthcare services to the

C O M P A N I E S L E A D I N G T H E W A Y T O C A Y M A N ’ S F U T U R E

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Leading The WayB Y J E N N Y G A B R U C H

Cayman Islands, and create a world-class destination formedical tourism.

The Dart group of companies is moving ahead withmultiple projects that will have a significant impact on theeconomy

Currently offering the island’s largest concentration of‘Class A’ office space in Camana Bay – more than300,000 square feet – Dart Realty is developing another85,000 square feet of prime office and retail space, setfor completion in 2015. The building, 18 Forum Lane, willfeature retail space on the ground floor and offices on thethree upper levels. It will be the island’s first LEED certi-fied mixed-use commercial building.

A hub for Cayman’s leading firms, this newest com-mercial space will firmly ground an already well-estab-lished relationship with the financial services sector, posi-tioning Camana Bay to grow alongside the industry.

Among Dart’s long-term plans are constructing fivehotels in the Seven Mile Beach, West Bay Road andBarkers areas, with condominiums adjacent to thoseproperties. The redevelopment of the former CourtyardMarriott into a 10-storey hotel is now under way, and isexpected to open in 2016.

The 265-room will be managed by Kimpton Hotels &Restaurants, a pioneer of the boutique hotel concept in theU.S. The property will feature five restaurants andlounges, expansive indoor and outdoor meet-ing spaces, a cascading oceanfront pool anda destination spa. A signature of the property will be thesweeping water views from all the guest rooms and pub-lic spaces as well as six beachfront bungalows.

The $200 million project is expected to create morethan 400 local jobs, and will expand and comple-ment Cayman’s high-end tourism product.

Another Dart project will usher in a new era of boat-ing in the Cayman Islands – the $6 million refurbishmentof the Cayman Islands Yacht Club, which is nearing com-pletion. Upgrades include new state-of-the-art docks,walkways, and anchorage systems and improvements tothe car park, fueling station, chandlery, lighting, and land-scaping. The Yacht Club can accommodate 158 vessels,from 30 to 80 feet.

LUXURY PROPERTY

Several luxury property developments are coming onstream including the innovative beachfront condominiumcomplex, The WaterColours. This nine-storey building onSeven Mile Beach features 60 spacious private resi-dences, and sets a new benchmark for luxury living.

The US$200 million residential development is thevision of Fraser Wellon, well-known for his pioneeringhigh-end developments. The WaterColours has alreadyearned international accolades for its innovative design,capturing the highest rating in its category at theInternational Property Awards. These prestigious awardscelebrate the highest levels of achievement by companiesfrom around the globe operating in all sectors of the prop-

erty and real estate industry.The WaterColours won Five-Star

Awards for Best Development MultipleUnits as well as for Best Apartment – a

nod to its select “Grand Residences” – in Cayman andin the Caribbean in 2012-13 and 2013-14.

International Design Group, one of Cayman’s lead-ing design houses, worked exclusively with the devel-

opment to create timeless and elegant interiors, fin-ishings and furnishings.

The development is the tallest building in


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Camana Bay

Cayman and offers an amenities package associated witha five-star resort.

Casa Luna in South Sound is also nearing completion.The beachfront development is made up of 18 multi-levelvillas with sweeping views of the sea. Set on four acresof land, the luxury home development is spearheaded byHugh Hart, a long-time property developer in Jamaica andCayman.

Lalique Pointe is a new luxury development locatedalong the Seven Mile Beach corridor, situated in the presti-gious Crystal Harbour subdivision. Estates in this residen-tial community offer superior living spaces, prime waterfrontviews and lush landscaping that includes lakefront parkswith Mediterranean themed patios and architecture. Severalexceptional residences are nearing completion, includingMimosa, a 4,800-square-foot Spanish colonial home, andAtria, a 12,000-square-foot modern estate home.

GROWING AND DIVERSIFYING

Cayman Enterprise City is a growing venture that is future-focused. This special economic zone is designed to pro-mote a free-market business environment through thecreation of knowledge-based industries for commerceand education.

Special economic zones have consistently boostedlocal economies around the world through direct foreigninvestment as well as by creating highly skilled jobs with-in the zone and generating work outside the zone in suchsupport sectors as construction, professional services,and supply services.

Cayman Enterprise City estimates it has had an eco-nomic impact of $12.6 million since its inception in

February 2012. It anticipates future investment in the con-struction and development of its main campus alone willbe $317.3 million over the next 10 to 15 years. The com-plex will be made up of six campuses, representing thelargest information and communications technology clus-ter in the Caribbean region. It is also positioned as astrategic base for companies targeting emerging markets.

There are now more than 90 companies signed upwith CEC, with more than 200 in its sales pipeline.

Caribbean Utilities Company, CUC, is also planning forthe future by looking into the development of alternativeenergy. It recently entered into agreements with tworenewable energy developers to provide 13 MW of renew-able energy capacity on the CUC grid using solar panelsand wind turbines. The project is expected to be com-pleted by early 2015.

Consolidated Water is continuing to expand opera-tions, with its most recent desalination plant in Bali,Indonesia. It is currently pursuing a mega desalinationplant in Baja California, Mexico. The company, whichmarked its 40-year anniversary last year, now operates 15plants in five countries.

Another positive came earlier this year when ratingagency Moody’s maintained the credit rating of theCayman Islands with a stable outlook.

In its latest ratings report, Moody’s listed Cayman asretaining an Aa3, which indicates a very low credit risk –a positive sign that will encourage investors to have thehighest confidence in Cayman’s future.

With forward-thinking companies diversifying andinvigorating the economy, the road ahead appears to bea promising path for the Cayman Islands. R


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Health City Cayman Islands

State-of-the-Art Fitness Studio • Beachside Infinity Pool • Private Massage Room • 24-Hour Security

Beachfront Owners’ Conservatory with Wine Storage and Chef’s Kitchen • Concierge Services • Owners’ Guest Suites and Boardroom

Private Under Building Parking and Storage • Valet Parking and On-Site Luxury Car Service • Priced from $3.45 Million USD

W W W . T H E W A T E R C O L O U R S C A Y M A N . C O M

Each office independently owned and operated. RE/MAX Cayman Islands, 7 Mile Shops, Grand Cayman. CIREBA Member. MLS # 102837-845, 102848, 102850-874, 125191-193

James Bovell(345) 945-1585

[email protected]

Kim Lund(345) [email protected]

www.caymanlundteam.com

SCAN . EXPLORE.

Come. Make Your Escape.

L I V E I N A PA R A D I S E T H AT E N C O M PA S S E S T H E U L T I M AT E L I F E S T Y L E

60 private luxury residences with spacious three-, four-, six-, and seven-bedroom floor plans constructed to the highest specifications.

Award-winning design. Unparalleledoceanfront views. Endless ameni-ties. A new era in luxury beach-

front living has arrived in Grand Cayman –The WaterColours.

This nine-storey masterpiece is trulyunlike any other condominium develop-ment on the island – setting unrivaled stan-dards for today’s contemporary sand-and-sea lifestyle. A sanctuary of privacy andprivilege, this residential retreat is poisedon one of the most enviable addresses inGrand Cayman – world-famous SevenMile Beach.

Award-Winning DesignThe WaterColours is notable not onlyfor exceptional beachfront living but itsinnovative design. For two years running,the development team behind TheWaterColours has captured the highestrating in its category at the prestigiousInternational Property Awards, a world-renowned mark of excellence.

The WaterColours has won Five-StarAwards for Best Development Multiple Unitsfor the second year in a row, as well as for Best

Apartment – a nod to its select “GrandResidences” – in the Caribbean for 2013-14.

Expansive ViewsFeaturing 60 spacious private residenceswith three-, four- , six- and seven-bedroomfloor plans – spanning from 3,600 to morethan 7,200-square feet – each is con-structed to the highest specifications withonly the finest appointments and finishes.

An oasis of comfort and convenience,all residences face the water for uninter-rupted views: drink in the sparkling CaribbeanSea boasting a symphony of striking blues andenjoy stunning sunsets from the terrace.

Personal TouchesPerched on an expansive stretch of whitesand beach, these ultra-exclusive units offerall of the sophisticated services, indulgencesand personal touches associated with themost glamorous five-star resort – all with-in the privacy of a personal residence.From bespoke concierge services to luxu-ry car service to a Beachfront OwnersConservatory complete with a chef ’skitchen, The WaterColours has redefinedsophisticated beachfront living.

Come and make your escape – to aluxury residence and lifestyle unparalleledin the Cayman Islands.. }

WaterColoursESCAPE TO GRAND CAYMAN’S MOST EXCLUSIVE ULTRA-LUXURY BEACHFRONT DEVELOPMENT

WaterColoursESCAPE TO GRAND CAYMAN’S MOST EXCLUSIVE ULTRA-LUXURY BEACHFRONT DEVELOPMENT

The

RE/MAX Cayman IslandsKim Lund (345) 949-9772

[email protected] Bovell (345) 945-1585

[email protected]

T H E W A T E R C O L O U R S

A M E N I T Y C O L L E C T I O N

State-of-the-Art Fitness Studio

Beachside Infinity Pool

Private Massage Room

24-Hour Security

Beachfront Owners' Conservatory

with Wine Storage and Chef's Kitchen

Concierge Services

Owners’ Guest Suites and Boardroom

Private Under Building Parking and Storage

Valet Parking and

On-Site Luxury Car Service

SCAN . EXPLORE.

W W W . T H E W A T E R C O L O U R S C A Y M A N . C O M

CONTEMPORARY, ORGANIC AND DISTINCT. Those are among the defining elements of the innovative interiordesign at The WaterColours, Grand Cayman’s exciting new condo-minium development on world-famous Seven Mile Beach.

International Design Group, Cayman’s leading interior designhouse, worked exclusively with the development team behind thisexemplary beachfront property, the conception for which was to cre-ate an unparalleled ambience with timeless design and sophisticatedstyle that resonates with contemporary beachfront living.

Rich woods, granite, marble and stone are incorporated through-out with elements of the ocean ever-present, including intricate coralpieces with soft sand and cream tones, contributing to the tranquil,secluded atmosphere. The complimentary color palette is inspired bythe natural surroundings - white sands, contrasting azure blue watersand suntanned tones of the beach. Space and light are key elementsin all of the living spaces, while other Elements like texture have beenincorporated with natural stone finishes, metals and organic materi-als to add dimension and interest. Elegant yet sculptural light fixturesallow for soft illuminations and a warm, inviting ambience within allof the common areas.

Every effort has been made through the interior design to ensureresidents are “living the vision” and IDG's award winning team havecarefully crafted an environment that invokes the intended vision bycontrasting the strong, clean architectural lines with organic curvesfor a sense of balanced flow. The goal was to blend traditional ele-ments with innovative, contemporary design to create a “current, yettimeless space”. Specific interior finishes, furnishings, art work andoriginal designs were thoughtfully chosen so together they wouldachieve the goal of integrating intimate living spaces with more gen-erous social gathering places, seamlessly drawing the 60-unit beach-front condominium complex together.

Architectural design features like the cutting edge pool have beencomplimented by suitably dynamic ultra chic day beds and upside-down umbrellas. Original designs as well are found throughout thedevelopment such as a large coral feature wall created from mosaictile in the lobby.

This project has been a triumph of original design, comple-menting the beauty of both the sea and the sand – while never tak-ing away from the spectacular views.

THE WATERCOLOURS: DESIGNED FOR SEAMLESS BEACHFRONT LIVING

D E S I G N – F U R N I T U R E – A C C E S S O R I E S

Turn-Key Packages

IDG SHOWROOM – 7 Mile Shops – 215 West Bay Road345-943-6464 – www.idgcayman.com

Dart Realty enters 2014 with three major develop-ment projects at different stages of construction.They have varied histories, are in different areas

of Grand Cayman and will serve diverse markets whencomplete. Yet these building projects are unified by acore value identified by the Dart family as a cornerstoneof all Dart businesses worldwide: innovation. Each of theprojects will add something distinctly different toCayman’s economy, enriching the experiences of thepeople who use them, in these cases: boaters, businessprofessionals and beach lovers.

NEAR COMPLETION:

CAYMAN ISLANDS YACHT CLUB

The Yacht Club and its surrounding facilities, whichprovide the Seven Mile Beach area with a gateway tothe North Sound, were badly damaged in Hurricane Ivanand not fully rebuilt. Years later there were still a fewsubmerged boats in the harbour. In 2011 Dart Realtypurchased The Yacht Club and began significantrefurbishment of the marina and surrounding areas.Work included cleaning out the debris, entirely removingthe old, damaged docks and installing new state-of-the-art walkways, docks and anchorage systems as well ascomprehensive landside improvements.

The renovation marks a new era for boating in theCayman Islands, showcasing Dart’s principles ofthoughtful sustainable development in a marina envi-ronment. The Yacht Club now boasts a Poralu Marinedock system, a network of floating pontoons from thename synonymous with the world’s highest environ-mental and design standards in marine infrastructure.These extraordinarily stable docks are anchored bySeaflex moorings, a self-regulating elastic systemdesigned to have minimal environmental impact on theseabed. The docks and moorings were installed by localcontractor Mac Iron Marine and will provide generationsof boat owners and visitors with a more pleasant marinaexperience.

Every convenience was considered for the Yacht Clubberths which can accommodate up to 158 vessels from30 to 80 feet with a draft of 4.5 feet. Each slip is equippedwith individual power, water and pump-out systems. Thedock used by commercial dive boats also features a whippanel where operators can simply hook up their com-pressor at the central panel and use the whips threadedunderneath the docking system to refill the tanks on theirboats. Each of the four docks will have entry by key-card,

lending additional protection to the Yacht Club’s 24-hoursecurity and property management services.

As the primary gateway to the North Sound, therefurbished Yacht Club is designed to give the 700owners, operators and guests who pass through eachday a marina experience befitting the natural beauty andecological richness that make Cayman a boater’sparadise. Landside amenities will include high-speedwireless Internet, an enhanced fuel depot and a conveniencestore and chandlery with essentials from fishing equipmentto squid to navigation tools. There is ample car and busparking, paved walkways and lush landscaping, featuringnative plants and trees from the Dart Realty Nursery.

COMING UP QUICKLY:

18 FORUM LANE IN CAMANA BAY

Since Camana Bay opened its first buildings in 2007,corporate demand for office space within the TownCentre has exceeded expectations. The market hasreacted with enthusiasm to the mixed-use Town whichintegrates global business with a real sense of Caribbeancommunity. Existing office space is nearly 95% leased.

Owing to this demand and confidence in Cayman’sbusiness growth, Dart Realty chose to commenceconstruction on the next address in Camana Bay’scommercial office portfolio without an anchor tenant inplace. Shortly after the property was announced, a firmsigned for nearly 20,000 square feet. 18 Forum Lane isscheduled for completion in February 2015 and will adda total of 85,000 square feet of office and retail to theTown Centre. The building includes ground floor retailspace and offices on three upper levels.

D A R T R E A LT Y ( C A Y M A N ) L T D .


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Three Projects, One Vision

Cayman Islands Yacht Club

18 Forum Lane is designed to be an integral part ofthe Town Centre while paying homage to traditionalCayman building craft. One notable design feature willbe metal cladding fabricated to resemble the distinctivecorrugated zinc roofs that cover traditional Caymancottages. Another hallmark is a central courtyard conceivedas an outdoor room with ample shade by day and artfullighting at night, continuing Camana Bay’s commitmentto open, public spaces.

Designed to achieve a series of unprecedented con-struction milestones, 18 Forum Lane will be Cayman’s firstLEED certified mixed-use commercial building,advancing Camana Bay’s long-term focus on sustain-ability. From the island’s largest photovoltaic system toprovide tenants with significant energy savings to ‘plugand play’ spaces to help facilitate turnkey fitouts,businesses of varying sizes can take advantage of theenergy-efficient, flexible space. 18 Forum Lane is the idealaddress for forward-thinking companies that are fuellingCayman’s economy.

COMMENCING CONSTRUCTION:

KIMPTON HOTEL PROJECT

Only a few months into construction of the 265-roomKimpton hotel, it is apparent that the brand’s firstCaribbean resort won’t follow the traditional Seven MileBeach development formula. Just a look at the raft slabfoundation, completed in a series of the largest foundationpours in the history of the Cayman Islands, shows aresort footprint that defies convention. The westernmosttip of the building is set 235 feet back from the high watermark; many Seven Mile Beach properties are set backonly 50 feet. With a perpendicular orientation to thebeach, most of the resort is situated more than 400 feetback with the neighboring condominium building setback almost 500 feet.

The unusual site orientation is the result of a seriesof design inspirations and initiatives posed by Ken Dart.His vision is to ensure that the Kimpton hotel delivers aguest experience unlike any other on Seven Mile Beach,with the same level of Caymanian hospitality that inspiredhim and his family to return after their first visit more than25 years ago.

Underground parking and back of house operationswill elevate the hotel entrance to 24 feet above sea level.Guests will enter the resort grounds along a gently

sloping, meandering drive canopied by native palmtrees. They’ll approach the hotel entrance and immedi-ately be presented with a majestic view of Seven MileBeach and the Caribbean Sea. Every guest room andcondominium will feature sweeping water views.

The resort’s Seven Mile Beach experience will extendfar beyond lounge chairs on the sand. Open green spacesare designed to take full advantage of the generous siteand feature public biking and walking paths that traversethe ocean side of the property. Guests will walk out of theresort on to a gently cascading pool deck surrounded byocean view event lawns and hidden pocket gardens.

Of course before this vision is realized, there will beyears of construction that will produce more than 400 localjobs. The resort is designed for LEED certification and willincorporate the latest sustainable technologies along withinnovative construction practices. The foundation is laidand the footprint is marked; now the impact on theeconomy can truly be realised. R


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Top: 18 Forum LanerenderingBelow: Kimpton Hotel rendering

These three seemingly divergentinitiatives, the Cayman IslandsYacht Club, 18 Forum Lane andthe Kimpton hotel project, share Dart’s corporateobjective of enhancing the quality of life for residentsand visitors to the Cayman Islands.

One thing nearly all successful, for-ward thinking businesses have incommon is a supportive Human

Resources department and in the CaymanIslands this is no excep-tion. In recognition ofthe importance of HRwithin the workplace inApril 2000 the CaymanIslands Society ofHuman ResourcesProfessionals (CISHRP)was formed, with avision of being recog-nized in the CaymanIslands as the authorityon the most criticalpeople managementissues of today andtomorrow.

CISHRP’s objectives are to:

• advance the standards and recognition of the HRfield within the Cayman Islands

• Establish a network for collaboration, sharing ideasand problem-solving

• Foster better relations between the practitioners andthe norms and peculiarities of Cayman’s employ-ment market

• Develop/acquire and deliver courses or programmesof study for the certification and professional devel-opment of members

• Act as an interest group in conducting proactiveresearch and making representations on legislationand regulations pertaining to HR management

• Responsibly fulfil roles in ensuring compliance with-in organizations

In 2014, CISHRP aims to achieve its objectives andincrease its 200+ members in various ways.

CISHRP Board Director, Chris Bailey, says “CISHRPstrives to enhance its members by offering exceptionalaccess to continual professional development andencouraging a more social HR community, where we canshare ideas and experience so that we develop as pro-fessionals learning from each other.”

We offer three membership categories to accom-modate all those in the HR related field, regardless of

qualification andexperience.”

There is a greatsocial aspect tobeing a member asCISHRP hosts sev-eral events through-out the year culmi-

nating in an annual conference. The conference is nowattracting renowned international speakers with the aim beingto put the Cayman Islands HR conference on the world mapof must attend HR events.

Coupled with this, in 2009, CISHRP launched the TopEmployer Award, an initiative to determine Cayman’s topemployers. CISHRP encourages as many companies aspossible to step up and put themselves to the test! Theresults of the employee surveys conducted during theprocess gives companies the opportunity to identifytrends and focus on areas to improve. The Top Employerawards are presented at an annual Gala Dinner.

Current CISHRP President, Ahisha Bodden says “Weencourage all members of the business communitywhether directly or indirectly involved in HR to become amember of CISHRP. Business in the Cayman Islands isalways evolving and changing. In order to stay abreast ofthe latest trends andremain current with localand international policychanges it is imperativeto be members oforganizations such asCISHRP. We are com-mitted to consistentlyproviding support to ourmembers and businessleaders through ourstrong relationships withGovernment and thebusiness community. We provide timely and informativesession on relevant topics and several opportunities fornetworking.”

Anyone who is serious about being a successful HR prac-titioner, whether you are just starting out or have years of expe-rience, should become a part of our growing membershipand professional body.” R

C I S H R P

CAYMAN ISLANDS SOCIETY OF HUMAN RESOURCES PROFESSIONALS

Visit www.cishrp.ky for more information.


Members at the 2013 CISHRPConference at the Ritz-Carlton

The Sign of HR Excellence In the Cayman Islands

Cayman Islands Top Employer Award

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Contemporary waterfront liv-ing has an enviable newaddress.

It’s called Lalique Pointé, a lux-urious residential community locat-ed in one of the most sought-afterareas of Grand Cayman – theworld-famous Seven Mile Beachcorridor.

Situated in the prestigiousCrystal Harbour subdivision,this luxury development intro-duces waterfront living at itsfinest. Neighbouring theresort community of DragonBay and the acclaimed NorthSound Club golf course andwithin walking distance to theRitz-Carlton resort, there is nobetter location to choose fromwhen it comes to investing ina luxury Caribbean estate.

Lalique Pointé is just a short distance from fine restau-rants and shopping, as well as a myriad of entertainmentoptions. It is within close proximity to the island’s mainbusiness centres, and also just steps away from GrandCayman’s only championship-sized 18-hole golf course,tailored to USGA standards.

These waterfront estates offer easy access to the island’sspectacular North Sound – ideal for the boating lifestyle –along with a sanctuary of tranquility and privacy within a quietgated community that has around-the-clock security.

Choose from several indulgent options: an expansiveresidential parcel perched on The Peninsula withpanoramic views of Mitchell’s Creek; a sprawling acre ofnatural landscape with your own personal shoreline on theisland’s renowned North Sound with a private boat slip;or a prime canal lot on Lalique Quay, which are now start-ing as low as CI$314,000.

All estates in this unparalleled residential communityoffer superior living spaces, prime waterfront views andlush landscaping that includes lakefront parks withMediterranean themed patios and architecture.

Residents have convenient access to a private launchramp and boat parking facilities in Crystal Harbour as wellas exclusive use of a private clubhouse at Lalique Pointe’Marina for Lalique Pointé’s club members.

An advantage of investing in this luxe development is theattractive pricing along with flexible owner financing options,

including terms extending up to 25 years. Strict covenantsare in place to ensure premium architectural and develop-ment standards, and future property appreciation.

Several exceptional estate homes will soon be com-pleted and available for purchase; notably, Mimosa, a4,800-square-foot Spanish colonial home on the canal;and Atria, a 12,000-square-foot modern estate situatedon the North Sound.

At Lalique Pointé, it’s all about lifestyle. Come andexplore your new way of life. R

C R I G H T O N P R O P E R T I E S L T D .


Lalique PointéUnparalleled Waterfront Living

Our Exclusive Features:Exclusive lots available with frontage on

Mitchell’s Creek and North Sound, as well as canal lots on Lalique Quay.

—Full underground servicing including fibre

—Attractive owner financing options available

with terms up to 25 years—

Restrictive covenants to ensure strict architectural standards, and future property appreciation

—Lush landscaping with lighted streets

and developed park areas—

Access to private launch ramp and boat parking facilities—

Idyllic location within the notable Seven Mile Beach area in the prestigious Crystal Harbour subdivision

—Gated community with around-the-clock security

—Within walking distance of the North Sound Club

golf course and Ritz-Carlton resort—

Landscaped lakefront parks with Mediterranean themed patios and gazebos

—Close to fine dining, shopping and entertainment

—Close proximity to the island’s business centres

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When we purchased the Compass through ourcompany Pinnacle Media, our goal was to pub-lish a newspaper that ranks favorably with the

finest news outlets in the world. That continues to be our mis-sion, and we are making significant strides in that direction.

To meet our stan-dards and expecta-tions, the Compassmust do several thingsextremely well:

First, and mostimportantly, our newspages must reflect thecommunity we serve.The Cayman Islandscomprise a uniquecountry, an amalgamof the rich culture andtraditions, existingside-by-side withmodern internationalfinancial, tourism, andsoon-to-be medical industries.

Our challenge is to produce a newspaper thataddresses the interest of our diverse community.In truth, modern-day newspapers must offerdiverse coverage of stories to their diverse com-munity of readers, and nowhere is that more truethan in Cayman where nearly half of our popula-tion consists of expatriates from more than 100countries.

Some readers turn first to sports, others to businessstories, and still others to international news (What’s goingon in Jamaica or the Philippines?) Our reporters mustinform us about actions in the Legislative Assembly, pro-ceedings in the courts building, and yes, what’s playingat the local cinema. (A previous governor advised(warned?) us not to tinker with our comics page.)

Changes at the Compass are taking place both exter-nally (what you see and read) and internally (the reorgan-ization of our business structures). If you visit our officesat the Compass Centre, you’ll walk into a completelyreappointed modern reception area. For our staff, we’verefurbished the offices in many departments and evenadded a new dining room. We are investing heavily inupgrading internal systems, including our IT infrastructure,and soon we will be providing a much-improved onlineexperience for our readers.

Readers may notice we recently upgraded the quali-ty of paper we print on, enabling better reproduction ofour photographs, articles, and advertisements.

We have hired (and are still hiring) a number of neweditors and reporters to improve and expand our daily

content. We are payingspecial attention to ourproofreading (and stillcringe when we fall short).

For news outside ourborders, we have pur-chased the WashingtonPost News Service, giving

us access to every word The Post publishes, includingeconomic, sports, entertainment, and international news.Photos, too. (The Post syndicate complements our con-tinued Associated Press access.)

Having learned his trade at fine journalism establish-ments (The St. Petersburg Times, The Washington Post,and Newsweek Magazine), David Legge, who serves asEditor in Chief, still believes in strong boundaries betweenthe Compass’s “news coverage” and its “editorial opin-ions,” which appear daily on the Editorial Page (usuallyPage 4).

Previously, Compass editorials were written by news-room reporters. We found this co-mingling of objectivity(which all reporters must abide by) and subjectivity (per-sonal opinions) to be unwise and conflicting.

Therefore, shortly after purchasing the newspaper, weset up a completely independent Editorial Department, run

C A Y M A N I A N C O M P A S S


106

The Direction of The Compass

BY DAVID AND VICKI LEGGE

by an Editorial Board,which each day promul-gates the “voice” of thenewspaper. Think of thisdepartment as the “thinktank” of the Compass.

We are adding staff tothis department, which alsooversees opinion piecessuch as columns andLetters to the Editor. A short word about each:

We have added a number of syndicated columnistswhom we consider to be among the best and brightestthinkers and writers in the world. These include GeorgeF. Will and Charles Krauthammer, both Pulitzer Prize win-ners, and Dr. Richard Rahn, a world-renowned economistwho formerly served as a director of the Cayman IslandsMonetary Authority. We are currently seeking one or twolocal columnists to complement our international offerings.

Readers may also notice that we are taking strong edi-torial positions on issues of significant concern to thecommunity. We are committed not just to “ad hoc edito-rials” but to sustained “editorial campaigns” on founda-tional issues such as conservation, waste management,education, and fiscal responsibility.

Our editorial voice is independent with no partisanpreference for any political party. We will continue to advo-cate strongly for clean transparent government that pro-vides essential services effectively and efficiently.

Through out “letters” forum, we welcome differing oropposing views, but we have eliminated all “anonymous”communications. We believe there is a close link betweenanonymity and irresponsibility that should not be encour-aged by our (or any other) media company.

Finally, we accept – in fact, embrace – our responsi-bility as publishers of Cayman’s most venerable newssource. Our news reporting will always be probing – butfair and objective – and our editorial voice will always beprovocative – but well-informed and responsible. R


107

Modern-day newspapers mustoffer diverse coverage of stories

to their diverse community ofreaders, and nowhere is that

more true than in Cayman.

C O N S O L I D A T E D W A T E R

On August 31, 2013, Consolidated Water markedits 40th Anniversary of operations in the CaymanIslands. The Company celebrated with a splash!

A Chamber of Commerce Business After Hours event washeld at their Abel Castillo Water Works desalination plantsite in Governors Harbour, with an excellent turnoutdespite inclement weather. A ‘40km for 40 years’ charitycycling event featuring the CWCO Team raised over

CI$1,400 towards Cayman HospiceCare in honour of pastGeneral Manager, Pete Ribbins, whose birthday was alsocelebrated on August 31. Other year-long celebratoryactivities included a weekly gift certificate giveaway forforty weeks ‘40 for 40’ to its Cayman Water customers,as well as Caymanian Compass features on long-servingemployees and the Company’s history.

Consolidated Water has much to be proud of.Starting from its humble beginnings providing drinkingwater and sewerage services to the Governors Harbourresidential area, the Company moved on to design, con-struct and operate desalination plants in other Caribbeanislands and Central America, such as the Bahamas, theBritish Virgin Islands, Belize, Barbados and Bermuda. TheCompany’s most recent expansion took place on theother side of the globe, in Bali, Indonesia. The Companyis also actively pursuing business for a mega desalinationplant in Baja California, Mexico. Consolidated Water cur-rently proudly supplies over twenty-seven million gallonsper day of drinking water, through the operation of fifteenplants, spanning five countries. R

Excellence in Cayman for 40 years

The CWCO team at the ‘40km for 40 years’ charity cycling event.

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Over the past 45-plus years, Caribbean UtilitiesCompany, Ltd. (CUC) has led the development ofGrand Cayman by providing world-class elec-

tricity service through continuous investment in infra-structure, technology and people. Looking to the future,the cost and environmental impact of fossil fuels will con-tinue to drive the development of alternative energysources and consumer energy efficiency.

CUC has entered into agreements with two renewableenergy developers to provide 13 MW of renewable ener-gy capacity on the CUC grid utilizing solar panels andwind turbines. The projects are expected to be complet-ed by early 2015. CUC also has a very successfulCustomer Owned Renewable Energy (CORE) programmethat allows customers to interconnect and combine theeco-friendliness of their small renewable generators withthe reliability of CUC’s grid.

In the areas of efficiency and technology CUC hasembarked on an Advanced Metering Infrastructure (AMI)project which will see all customer meters upgraded to

‘Smart’ meters that willreport real-time con-sumption data andenable customers toadjust their consump-tion patterns to becomemore energy efficient.CUC will also becomemore efficient in meterreading, connection anddisconnection of powerand identification ofenergy losses or powerquality issues.

It is little wonder that in 2013 CUCwon two top awards from the CaribbeanElectric Utility Services Corporation(CARILEC) based on efficiency, produc-tivity, reliability, cost effectiveness, andcustomer service quality. R

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Continuous Investments In Our Community

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