ONE | GT CONSTRUCTION UPDATE - MAY 2024

Have you driven past the site of the International Award-Winning ONE | GT Hotel & Residences on Goring Avenue lately? If you have, you will notice that we are soaring to new heights at 10 floors above sea level!

The construction team at ONE | GT is pleased to announce the imminent start of the concrete pour of the roof slab and hope to have the main roof completed. The rooftop pool vault, bar, event space walls, and roofs should be completed by the end of June. Completion of the building structure shall see the start of the civil works on the surrounding property, including car parks, paseos, and hard landscaping.

Windows have been installed from the ground floor to level 6 with levels 7 & 8 due to be installed in May, and 9 & 10 in June. Meanwhile, internal walls and ceiling framing is complete up to level 6. Ceiling and wall finishes are set to be completed on level 3 with closing of the walls on level 4 due to commence later in May.

International Award Winning Hotel

ONE | GT is proud to receive Best International Hotel Architecture from the International Property Awards. It is an honour to receive such a prestigious award for “best hotel project in the world”, against a selection of the world’s greatest hotel projects from Dubai to London and more. We also won regional awards for Best Hotel Architecture Americas and Best New Hotel Construction & Design Americas!

ONE | GT will be home to Cayman’s first rooftop sky club, over 140 ft above sea level, with grand panoramic views. ONE | GT will 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.

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.

ONE | GT Construction Update

If you have passed by the ONE | GT site on Goring Avenue in recent weeks, you will have noticed construction is moving at pace. Some 1,700 cubic yards of concrete were cast in December and a further 1,500-2,000 cubic yards will have been poured this month as we see the completion of the foundation raft slab and construction of the basement walls and columns well underway, bringing the development one step closer to going vertical.

Further progress is being made with regards to the surrounding infrastructure. The ONE|GT development team has been working closely with the local utility providers to implement the rerouting of overhead services underground, making for a more aesthetically pleasing environment with the added safety of the utilities being protected in underground conduits in the event of storm force winds.

ONE|GT Boutique Hotel & Residences started selling in March last year and is now over 60% sold, brought to you by the same development team of the recently completed Harbour Walk. The project brings the perfect combination of iconic design and effortless living to Cayman’s capital.

ONE | GT will also be home to Cayman’s first and only full rooftop sky club, perched 140 ft above sea level, inspired by the rooftop clubs from the Mediterranean to Miami and LA. The Sky Club offers guests, residents, and visitors, unrivaled relaxation, dining, bar, and entertainment experiences. Inspirational views over Grand Cayman’s shores are the perfect setting for a dip in the infinity-edge pool, relaxing in the lush lounge area, or unwinding as you sip a special cocktail from your sun lounger or private cabana.

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.

The Cayman Islands Has Removed all Covid-19 Travel Restrictions

The Cayman Islands has now removed all Covid-19 travel restrictions!

Starting today, travelers will no longer need to show proof of vaccination, a negative test, or a travel declaration/ request in order to enter the Cayman Islands. All vaccinated and unvaccinated travellers are permitted to enter the Cayman Islands without the need of extra documentation or health-related steps due to the COVID-19 pandemic.

After 2.5 years of covid related restrictions, the Cayman Islands is satisfied that they can safely open the borders entirely and remove all limitations to travel into the country. This decision was aided by the fact that more than 92% of persons over the age of 5 years old have received at least two doses of the vaccine, according to the Cayman Islands Government.

This will undoubtedly result in a very positive high season for both the tourism and real estate industry.

Welcome back ALL visitors of the Cayman Islands!

ONE|GT hotel and residences breaks ground in George Town

ONE | GT, the highly anticipated George Town boutique hotel and residences, broke ground on Thursday, June 30 with a celebratory event attended by government leaders and various members of the business, hospitality and real estate brokerage communities and of course its developers. The CI$120 million project brings long-awaited contemporary living to the heart of the Cayman Islands, providing a new and exciting destination for work and life to  merge effortlessly, in addition to contributing substantial benefits to the local economy. ONE | GT will provide a significant employment during its construction phase and direct employment of numerous staff in the hotel and residences once operational.

Notable dignitaries in attendance included the Minister for Tourism & Transport Hon. Kenneth Bryan, Parliamentary Secretary Dwayne Seymour representing the Ministry of Agriculture Housing and Infrastructure, Chief Officers Stran Bodden and Eric Bush, Director of Tourism Miss Rosa Harris as well as Jeremy Hurst & Eyal Patel representing the developers of ONE GT.

Conveniently located on Goring Avenue, in the heart of downtown George Town, directly behind Bayshore Mall, the 11-story structure is set to be the tallest building in the capital at 154 feet above sea level, once complete in late 2024. The development features 175 suites and residences offering amazing views and a full range of hotel amenities and entertainment areas including a piazza café, a signature terrace restaurant, two pools, a private gym, valet parking, and Cayman’s first luxury rooftop SKY Club.

Jeremy Hurst, Development Partner of ONE | GT and President & Broker/Owner of IRG.

“We are enormously proud to celebrate this momentous achievement and commemorate the start of construction for ONE | GT,” said Jeremy Hurst. “It’s an honour and privilege to be delivering this one-of-a-kind product to George Town. Our vision for ONE | GT was to bring something truly unique to the area and in the process to blaze the trail for George Town’s revitalisation. We’re very grateful to all of the Government officials who have supported the project and shared in our vision for the future of our nation’s capital.” Jeremy Hurst, Development Partner, IRG.

Colin Lumsden, George Town Manager & Revitalisation Initiative Coordinator commented, “the Ministry of Infrastructure, through its George Town Revitalisation Initiative, congratulates the ONE | GT team on this exciting milestone. We are thrilled about the great potential this innovative, mixed-use development brings for central George Town. Their vision to create a place for both residents and visitors to gather, stay and live, beyond the 9 to 5, supports our goals and we look forward to continuing to work together to enhance and revitalise our capital.”

ONE | GT is the second major project for this development team who are currently working on the final stages of completion of Harbour Walk; a modern mix-use residential, retail, and office development project in Grand Harbour. ONE | GT was designed by the internationally renowned architectural firm TRIO Architects who envisioned its striking façade influenced by iconic and innovative destinations around the world, including Miami, LA, Rome and Paris, as well as leveraging the unmatched beauty of the Caribbean.

Jeremy Hurst & Eyal Patel representing the developers of ONE GT.

ONE | GT is exclusively marketed and sold by IRG - International Realty Group. For more information about private showings or purchasing/ leasing information, please contact info@onegt.ky.

Launching Cayman's most exciting development ONE|GT

As we enter the second quarter of 2022 , here at IRG, we are also shifting our gaze towards the launch of ONE|GT. 

ONE|GT brings long-awaited contemporary living to the heart of the Cayman Islands. A truly unique combination of global inspiration, modern-day amenities and unparalleled luxury living, ONE|GT is conveniently located in Grand Cayman’s historic legislative and financial capital, George Town.

Alongside a beautiful boutique hotel, this groundbreaking project will feature a range of spectacular residences designed for short, mid and long-term occupancy, as well as a piazza café, a signature terrace restaurant, an infinity pool, a range of resort-style amenities and Cayman’s first luxury rooftop SKY Club. 

A hub for arts, culture and community, ONE|GT will bring a new meaning to destination living, drawing on inspiration from the best rooftop beach bars in Miami, the bustling street cafés of Europe and of course, exquisite local Caribbean flair, resulting in an unmatched sophistication and a new level of luxury in Grand Cayman.  

ONE|GT offers a collection of residences that range in size from one-bedroom suites to three-bedroom apartments, and penthouse lofts. Arranged over eight floors, each residence benefits from a private balcony or terraces that overlook the beautiful George Town Harbour and a striking panoramic view of the island. An array of innovative design features and high-quality finishes have been incorporated throughout to create unique and enjoyable living spaces.

Offering the perfect place for a downtown pied-a-terre and within walking distance of Cayman’s central business district, ONE|GT’s residence owners will also enjoy access to all the amenities and services of a modern boutique hotel, including a private gym, the unique sky club, valet parking, concierge and room service, a library area with meeting facilities, owner storage units and a wide range of delicious drinking and dining options. The inspirational views over Grand Cayman’s shores will showcase spectacular sunsets daily and residents can unwind and relax after a busy day’s work in one of the many contemporary bars and restaurants, or with a dip in any of the two pools.

“When it came to ONE|GT, we wanted to create something completely different in Grand Cayman, combining sophistication and luxury with today’s busy, contemporary lifestyle,” said Jeremy Hurst, Development Partner, IRG. 

“The modernistic design is influenced by iconic and innovative destinations around the world, including Miami, LA, Rome and Paris, as well as leveraging the unmatched beauty of the Caribbean to create this truly unique development. As the official Sales and Marketing Partner to ONE|GT, IRG is really excited to be bringing this elevated standard of living to residents, guests and the entire Cayman Islands community.”

Not only providing a new and exciting destination for work and life to merge effortlessly, ONE|GT will contribute substantial benefits into the Cayman Islands’ economy, as well as provide employment in both the construction of the hotel and residences, and in the day to day operations of the resort from a hospitality standpoint once the development opens.

“We are proud to be part of such a large revitalization effort in George Town that will contribute greatly to the continued economic development of the Cayman Islands and in particular the local community. Hopefully, ONE|GT will act as a catalyst for other developers to move forward with their projects too,” said Hurst. “ONE|GT not only provides a brand-new lifestyle destination in the heart of the nation’s capital, but it will help bolster the Cayman Islands tourism sector, real estate and hospitality industries, by providing jobs and training to Caymanians in the process.”

Project Partners

IRG Cayman - Sales & Marketing, TRIO - Architecture & DesignCorporate Electric - Electrical Engineering, APEC - Geotechnical & Foundation Engineering, EcoPlan - Landscape Architecture, Cayman Code Specialist - Building Code, MARSH PMK International - Acoustics / AV / IT Consulting, G2J Design Inc. - Lighting Design and Aqua Design International - Pool Design. 

ONE|GT featured in the Caymanian Times

IRG’s new project and development ONE I GT was recently featured on the front page of the Caymanian Times. The 10 Storey, 175-suite boutique hotel with residences will be located in the heart of the Cayman Islands and be a kick start for revitalisation of the nation’s capital.

This exciting new development in the heart of George Town brings contemporary urban living to Grand Cayman with an exquisite combination of Miami, LA and European glamour and Caribbean flair. 

ONE | GT offers buyers the flexibility to invest, live in or rent their units on a short, mid and long term basis with excellent projected returns and appreciation. There will also be the opportunity to rent out the units through the hotel's booking system. Invest now to enjoy the amenities of ONE | GT and elevated modern island living.

Read more of the article on the Boutique hotel planned for George Town.

Residences are now available for purchase starting at CI $489,000.

Contact ONE I GT for more information.