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BCQS International appointed in project loan monitoring role for Caribbean Plaza in Grand Cayman

BCQS International has been appointed by Butterfield Bank to provide project loan monitoring services for the new Caribbean Plaza in Grand Cayman.

The property has been cleared and filled and is ready for development. The proposed new commercial development comprises of four 2-storey buildings. Three main buildings are situated in a 'U' shape with a smaller 'mid' building located in the center with car parking.

This new complex will consist of four buildings approximately 53,000 sq. ft. gross floor area consisting of office and retail space with ample parking. The buildings will be 10 feet above sea level, high quality, and energy efficient with the latest technologies.

With planning approval already given, the buildings are expected to be ready in approximately 18 months and have just broken ground.