Dart Real Estate announces its newest residential offering in Camana Bay
Kapok, Camana Bay’s newest residential building, is scheduled for completion in August 2022.
Named for a majestic tropical tree, this new 10-storey for-lease apartment building is located at 108 Bismarckia Way, across from Foster’s supermarket. In addition to residential premises, Kapok features more than 15,000 square feet of ground-floor retail space, now available for pre-lease.
The Dart commercial leasing team is actively accepting proposals for the retail spaces. New tenants will be carefully considered based on which key amenities are most additive to Kapok’s residents and those businesses which add to the “bustling village feel of the Town Centre,” said Jennifer Ebanks, senior manager of leasing for Dart.
“We have seen continued demand for quality commercial and residential spaces,” she added, “which we are confident Kapok will help meet. In Camana Bay, 97% of our commercial spaces are filled, so we are excited to have this retail inventory coming online to allow us to welcome new tenants to Camana Bay’s vibrant Town Centre.”
In spite of global volatility as a result of the pandemic, the commercial real estate market on Grand Cayman has shown strong resiliency, Ebanks added. “Our next commercial building, 60 Nexus Way, is under construction in the southern part of the Town Centre, and we are receiving multiple enquiries for office space there as well.”
Kapok features thoughtful, modern design, with residential amenities celebrating the best of outdoor living, including an outdoor swimming pool, outdoor kitchen and observation deck featuring panoramic views. Dedicated parking and a shared resident leisure lounge are also planned. The building design incorporates a combination of textures through the use of metal, stone and concrete as well as warm lighting and wood panels.
Kapok will offer 89 for-lease apartments ranging from studios to three-bedroom floor plans. Residential leasing will commence in 2022, although interested parties are welcome to contact Provenance Properties, the exclusive affiliate of Christie’s International Estate in the Cayman Islands, to register their interest by emailing kapok@camanabay.com.
To enquire about leasing retail space on the ground floor of Kapok, contact leasing@dartrealestate.com or +1.345.640.3600.