ONE | GT Hotel and Residences Wins International Awards!

ONE | GT, the boutique hotel and residences located in the heart of the Cayman Islands’ legal and financial hub George Town, recently received several prestigious awards from the International Property Awards.

The International Property Awards is a group that rates and ranks residential and commercial property professionals and their projects from around the world. They celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry. An International Property Award is a world-renowned mark of excellence. The awards are split into regions covering Africa, Asia Pacific, Arabia, Canada, Caribbean, Central & South America, Europe, UK and USA.

ONE | GT has been awarded the 5-star winner and nominee for several regional awards and won Best Hotel Architecture Cayman Islands and Best New Hotel Construction & Design. This is a testament to the high-quality architecture, construction and design of ONE | GT and provides great insight into the unique offering that is being developed in the Cayman Islands. This project brings modern island living to Grand Cayman, providing a contemporary and impressive destination where work and life combine effortlessly.

The 11-Storey structure, conveniently located on Goring Avenue, behind Bayshore Mall, is positioned to be the tallest building in George Town, blazing a trail for the capital's revitalization. Set among its 144+ feet above sea level are 177 suites and residences offering private balconies with astonishing views and a wide range of luxury hotel amenities including a rooftop SKY Club with an infinity edge pool, several signature restaurants, a private gym, spa services, valet parking, concierge service and so much more!

The development team and head architect of the award winning ONE | GT Hotel and Residences (L to R: Trevor Watkins (Development Partner), Mike Stroh (Principal Architect at TRIO Architecture), Eyal Patel (Development Partner) and Jeremy Hurst (Development Partner & Broker/Owner of IRG - International Realty Group))

ONE | GT was designed by TRIO Architecture, who envisioned its remarkable construction as a fusion of modernised luxury with Caribbean flair influenced by iconic destinations around the world, including LA, Paris, Miami, and Rome.

Mike Stroh, Principal Architect at TRIO Architecture said, “my involvement in this project has been both challenging and immensely rewarding. From the project's inception, I aimed to infuse a blend of contemporary design principles with elements that capture the essence of the Cayman Islands. This approach not only required a deep understanding of architectural intricacies but also a collaborative effort with the entire project team to bring the vision to life. I was thrilled to receive the news that the ONE I GT Hotel has been honored with several international property awards. This award reinforces Trio Architecture's partnerships with visionary developers, as well as our standing as leaders in the industry, and motivates us to continue pushing boundaries in our future endeavors.”

TRIO Architecture Team

“When planning the design and layout of ONE | GT, we wanted to make sure it was a one-of-a-kind structure that Cayman has never seen before, with design influences from all over the world, while still encompassing Caribbean culture. We are very proud to receive international recognition from the International Property Awards. These achievements demonstrate our commitment to producing the unparalleled high-quality product that is ONE | GT. We are very grateful to the entire team that has supported us a long way and shared our vision for the new future of our nation's capital” - Jeremy Hurst, Development Partner & Broker/Owner of IRG - International Realty Group.

IRG - International Realty Group Sales Team

Having broken ground on 30 June 2022, the construction at ONE | GT is well underway reaching sky high with the Level 7 concrete slab being completed this week and the Level 8 slab expected for completion by the end of the year. This is right on target with the current construction deadlines and the development’s expected completion in 2025. Being over 75% sold, with only a few units remaining for sale, ONE | GT is clearly a phenomenal development.

For more information about the development, pricing, and availability, please contact info@onegt.ky.

ONE | GT CONSTRUCTION UPDATE - SEPT 2023

Goring Avenue has been seeing a lot of action with construction moving at a quick pace at the ONE | GT site.

September sees the completion of the Level 4 floor slab and columns, along with the Level 3 pool deck and columns, allowing construction of the Level 5 floor slab to get well underway.

The breezeway shell is complete and ready to receive the pedestrian bridge connecting the Level 2 library to the Signature Restaurant.

The installation of the concrete block-work for internal walls has begun in the Basement and on Level 1. We are on schedule to commence the fit out of the Level 3 hotel units in November.

ONE | GT Hotel & Residences broke ground in June 2022 and is now well underway with 75% of residences sold. The development is brought to you by the same team of Silver Reef and the recently completed Harbour Walk.

ONE | GT will be home to Cayman’s first rooftop sky club on the 11th storey, over 140 ft above sea level, with awe-inspiring panoramic views. ONE | GT will also have a wide range of luxury resort amenities like a signature restaurant, piazza cafe, gym and spa services, library, rooftop infinity-edge pool, residence pool, and so much more!

ONE | GT offers buyers the flexibility to invest, live in or rent their units on a short, mid, and long-term basis. There will also be the opportunity to rent out the units through the hotel's booking system. The development also projects a healthy return on investment of around 10% per annum for its one-bed suites.

Reach out to info@onet.ky for information on available units.

Residency by Investment in the Cayman Islands

Owners of ONE | GT may be able to qualify for the Cayman Islands Residency-By-Investment Program.

The Cayman Islands boast modern infrastructure, low crime rate, excellent healthcare and education facilities, and sound judiciary and pro-business environment, all of which contribute to making the Cayman Islands a vibrant place to live. A full-time population of approximately 78,000 residents comprises more than 130 nationalities.

Benefits of the Cayman Islands Residency-By-Investment Program

Alongside enjoying the stunning vistas, world famous beaches and 365 days of sunshine there are so many more benefits to living in the Cayman Islands.

You can expect:

Residency through property ownership offers other practical benefits:

Residency by Property Investment

There are two main routes to residency in the Cayman Islands, each with a different set of criteria to qualify and offering different benefits for HNW individuals and their families.

Route 1 - Certificate of Permanent Residency

Must reside in the Cayman Islands for at least 1 day per year

To qualify you must be at least 18 years of age, with no serious criminal convictions, in good health, and in possession of adequate insurance coverage.

You must have invested at least CI$2M/ US$2.4M in developed real estate in the Cayman Islands and have sufficient financial resources to adequately maintain yourself.

Upon payment of CI$100K (US$122K) you will qualify for a certificate of permanent residency, which allows you to reside, but not work, in the Cayman Islands.

However, Certificate holders may apply to the Caymanian Status & Permanent Residency Board or the Chief Immigration Officer for a variation of the Certificate to allow the right to work in the Cayman Islands.

A spouse and dependent children may also enjoy the right to reside in the Islands under the Permanent Residency holders’ certificate (without the right to work).

Route 2 - Renewable Residency Certificate

Must reside in the Cayman Islands for at least 30 days per year

To qualify you must be at least 18 years of age, with no serious criminal convictions, in good health, and in possession of adequate insurance coverage.

You must have a continuous source of income of CI$120K/ US$120K OR have CI$400K/ US$488K in a Cayman Islands registered bank, and have invested in at least CI$500K/ US$610K worth of developed real estate in the islands and have other local investments (Such as shares in a local company, a locally based investment fund, holding funds on account with a local bank or further investment in real estate) making a total investment in the Cayman Islands of at least CI$1M/ US$1.22M.

Upon payment of CI$20K/ US$25K you qualify for a 25-year renewable residency certificate, which allows you to reside, but not work, in the Cayman Islands.

International Realty Group

International Realty Group (IRG) is a main developer and sole listing agent of ONE | GT. IRG’s sister company IRC has been Cayman’s relocation service provider of choice for some of the island's most reputable and prestigious institutions, families, and individuals for the past 30 years and are happy to advise on the process of relocation to and acquiring residency in the Cayman Islands.

IRC offers a convenient one-stop shop providing everything you need for a smooth and trouble-free relocation to the Cayman Islands, whether you are moving yourself, your family, your business, your staff or looking to set up a corporate presence. IRG's dedicated consultancy specialists ensure that all your relocation needs are met with a highly professional, personalised and efficient service and we work with the islands leading specialists in each field of expertise to ensure this.

IRG's wealth of local knowledge and experience makes us an invaluable resource for navigating the intricacies of the relocation process and steering you clear of its pitfalls. Their intimate knowledge of government policies and regulations, the local legislative framework, Cayman’s infrastructure, real estate market and construction/ development, enables us to guide you effectively and efficiently through every aspect of the relocation process.

ONE | GT Is Reaching New Heights!

As the summer heats up, so does the progress at ONE | GT, with completion of the level 1 concrete slab and car park ramp sealing off the basement; bringing ONE | GT well out of the Ground and reaching new heights, fast!

Level 2's slab and upper car park ramp is being decked out with supportive rebar, following close behind with 4 major concrete pours to see completion of the building structure up to level 2, with half of the level 2 columns being cast up to the level 3 slab! With 70% of units already sold, the activity on the site has spurred a great deal of excitement for the future residents of ONE | GT.

The pace at which construction is progressing means we are currently on track to reach the 5th floor by Christmas and hand over units to buyers by the first quarter of 2025!

To find out more about available residences, contact us at info@onegt.ky or give us a call at +1 345 326 4598.