Ritz-Carlton Grand Cayman On Track

1st Jun 2005

The Ritz-Carlton,
Grand Cayman
is nearing completion and remains on track for a late fall
opening, according to developer Michael “Mike” Ryan. Meanwhile, sales
remain strong for the multi-million dollar private residences located on
property which are anticipated to be the ultimate in luxurious living in
the Caribbean. “The development of The Ritz-Carlton, Grand Cayman and The Residences at
The Ritz-Carlton, Grand Cayman has been a remarkable team effort by some
of the most outstanding and trusted names in the world,” Ryan said. “This
includes The Ritz-Carlton Hotel Company, LLC, the renowned chef Eric
Ripert of Le Bernardin, La Prairie Spa, the legendary golfer and designer
Greg Norman, oceanographer Jean-Michael Cousteau, and Nick Bollettieri,
tennis coach to the stars. All of us are tremendously reassured and
excited to be in the final stretch before opening.”

“I am particularly pleased that so many discriminating world travelers
have demonstrated their faith in the project by already signing agreements
to purchase our ocean-front residences,” Ryan added. “At this rate, we
anticipate all 69 private Residences to be sold around the time our
development company turns the hotel over to The Ritz-Carlton, Grand Cayman
management team in the fall.”

A labor force of some 900 will be hard at work in June finishing interiors
and swimming pools, laying marble in luxury residences, and installing
sculptures and landscaping, the development company reports. Greg Norman
Golf Course Design, meanwhile, is in the final stages of constructing the
resort’s golf course. Greg Norman lends his name only to projects which
offer an exceptional golf experience, and The Ritz-Carlton, Grand Cayman
project is one of the few that Norman’s company is building as well as


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