The highly anticipated Grand Hyatt Grand Cayman Hotel & Residences project has taken a significant step forward with the partnership between Sterling Global Financial Group and Pageant Beach Hotel Ltd.
The two companies have brought together world-class construction and financing partners, aiming to ensure the success of this luxurious development.
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With construction well underway and an impressive 80% of the condominiums already sold, the project is gaining momentum. However, there are still 22 prime condominium units available for interested buyers.
Sterling Global Financial Group has a long-standing track record of successful developments throughout the Caribbean, making them the perfect partner for the Grand Hyatt Grand Cayman Hotel & Residences project.
David Kosoy, founder and executive chairman of Sterling Global Financial Group, expressed his confidence in the partnership, stating: “We are delighted to join forces with Pageant Beach Hotel Ltd to bring the Grand Hyatt Grand Cayman Hotel & Residences to fruition.
With our investment, we are committed to delivering a world-class destination that exemplifies luxury and unparalleled hospitality. This venture showcases our dedication to enhancing the local community and creating lasting value for our clients and investors.”
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By GlobalDataAiming for a luxurious landmark
Situated on a premium 7.1-acre site on Seven Mile Beach, the Grand Hyatt Grand Cayman Hotel & Residences is poised to become a prestigious landmark. The property will feature a total of 190 hotel guestrooms, 88 condo-hotel guestrooms, and 76 one, two, and three-bedroom condo-hotel suites.
The collaboration between companies including Americaribe LLC, a subsidiary of Bouygues Construction, partnering with LG Contracting as the general contractor and Sculptor Real Estate as the construction lender, ensures that the project will meet the highest standards of construction excellence.
Construction is well underway, and completion is scheduled for a mid-2025 opening.
Targeting ‘an extraordinary living experience’
Designed to provide an extraordinary living experience, the Grand Hyatt Grand Cayman Hotel & Residences will offer a range of resort amenities.
Residents and guests will have access to six restaurants, three resort-style swimming pools, including an in-ocean saltwater lagoon pool in a protected cove, a 12,000ft² destination spa and fitness centre and a 25,000ft² indoor-outdoor conference meeting space.
The property will also feature Grand Social Clubs, a variety of shopping boutiques, and a five-star concierge service, further enhancing the luxurious lifestyle it promises.
