Wednesday, July 2, 2008

King’s Point Towers on Cayman Brac

King’s Point Towers, a development by Whitewater Point Ltd. which is owned by Robert Banks and former Chief Secretary James Ryan, will consist of 23 two-bedroom condos located 200 feet east of Cayman Breakers on a 2.57-acre parcel of land on the southeast end of Cayman Brac.

The initial phase of King’s Point Towers, consisting of the first 16 two-bedroom units, will be finished 28 months after construction begins. Mr Banks said 12 units have already been sold.

Phase 1 includes two swimming pools – a smaller pool with spa features and a waterfall, and a larger pool.

No bar or restaurant is planned, but there will be a deli for owners’ convenience and five poured concrete cabanas for outside dining, as well as a dedicated building for divers.

Phase 3 will be four three-storey penthouses and three one-bedroom efficiencies, plus management offices. All units in the development will have an ocean view on one side and a view of the Bluff face on the other.

At the ceremony, Mr Banks told the gathering that King’s Point Towers is designed and engineered to withstand a direct hit from an F5 tornado, which packs one-third higher wind gusts than any recorded hurricane to date.

They will be built of solid poured-in-place concrete walls, eight-inch thick for the first and second floor exterior walls, and four-inch thick for all interior walls. The entire floor will be poured monolithically and consist of steel-reinforced concrete only – there will be no wood used in these structures.

“A building is only as strong as its weakest point,” said Mr Banks. Therefore, the roofs will also be concrete, with a 1-in-12 compound pitch for water drainage. All the concrete will have a chemical compound additive for 100 percent waterproofing, and the roofs will have an additional coating of EPDM rubberised membrane as an additional sealer against water intrusion.

The units will be two-storey with a town house-style layout. They will have two and a half baths and two bedrooms, consisting of approximately 1,400 square feet of living space. The kitchens will have solid wood cabinets with granite countertops and stainless steel appliances, and the units will have top quality furniture throughout.

An anti-fracture membrane under all tile floors will prevent cracks, and windows will be full-impact solid laminate and just over half-an-inch thick, guaranteed not to breach wind or water during a hurricane.

“Two years ago, a foreign entity, the Divi Corporation, owned most of the rooms on Cayman Brac. When that closed, a lot of people were out of work and the question was, how do we go forward?” said Mr Kirkconnell.

Acknowledging Linton Tibbetts, whose family owns the Brac Reef Beach Resort, currently the only hotel on the island, he said, “These Brackers stepped up to the plate, and I’m proud to see the partnership between stakeholders on Cayman Brac supporting each other. The community will do whatever it can to support these developments, and we thank you all having the courage to take this step.”

At the ceremony, Mr Banks told the gathering that King’s Point Towers is designed and engineered to withstand a direct hit from an F5 tornado, which packs one-third higher wind gusts than any recorded hurricane to date.

They will be built of solid poured-in-place concrete walls, eight-inch thick for the first and second floor exterior walls, and four-inch thick for all interior walls. The entire floor will be poured monolithically and consist of steel-reinforced concrete only – there will be no wood used in these structures.

“A building is only as strong as its weakest point,” said Mr Banks. Therefore, the roofs will also be concrete, with a 1-in-12 compound pitch for water drainage. All the concrete will have a chemical compound additive for 100 percent waterproofing, and the roofs will have an additional coating of EPDM rubberised membrane as an additional sealer against water intrusion.

The units will be two-storey with a town house-style layout. They will have two and a half baths and two bedrooms, consisting of approximately 1,400 square feet of living space. The kitchens will have solid wood cabinets with granite countertops and stainless steel appliances, and the units will have top quality furniture throughout.

An anti-fracture membrane under all tile floors will prevent cracks, and windows will be full-impact solid laminate and just over half-an-inch thick, guaranteed not to breach wind or water during a hurricane.

“Two years ago, a foreign entity, the Divi Corporation, owned most of the rooms on Cayman Brac. When that closed, a lot of people were out of work and the question was, how do we go forward?” said Mr Kirkconnell.

Acknowledging Linton Tibbetts, whose family owns the Brac Reef Beach Resort, currently the only hotel on the island, he said, “These Brackers stepped up to the plate, and I’m proud to see the partnership between stakeholders on Cayman Brac supporting each other. The community will do whatever it can to support these developments, and we thank you all having the courage to take this step.”

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