A rendering of the Ironwood project

Arnold Palmer’s New Caribbean Project

By: Caribbean Journal Staff - January 4, 2016

Grand Cayman’s development boom continues, this time with help from golfing legend Arnold Palmer.

The Cayman Islands’ Cabinet has approved terms for a development and concession agreement between the British Overseas Territory’s government and Ironwood Cayman on the Ironwood Village project.

The project will include a PGA championship golf course and resort designed by golfing legend Arnold Palmer, and it will be the first course of its kind in the Caribbean.

Above: Arnold Palmer's Bay Hill in Florida

Above: Arnold Palmer’s Bay Hill in Florida

The Arnold Palmer Design Company’s development will be similar to Palmer’s Bay Hill property in Florida, and will include a town center, a beach club, luxury hotel accommodations, watersports facilities and other amenities.

Above: Arnold Palmer

Above: Arnold Palmer

The government has been in negotiations with Ironwood for the construction of a 10-mile extension of the island’s east-west arterial road for some time, and the government said it remained “committed to working toward concluding an arrangement with the developer and ensuring that the terms of any such agreement will be in the best interests of the country and the people of these Islands.”

The new development and concession agreement will provide Ironwood with duty waivers and concessions on everything from planning application fees to import duties, with a maximum concession value of 6 percent or a maximum of $21.9 million.

The project’s estimated development costs are $365 million.

The Palmer project is the latest in an increasing boom on Grand Cayman, which has seen a major new Kimpton hotel project, the recently-launched Beach Bay project and a planned transformation of the Treasure Island resort.

Popular Posts all-inclusive montego bay resort by marriott

Marriott Just Opened Its New All-Inclusive Resort in Montego Bay 

Marriott has continued its rapid expansion into the Caribbean all-inclusive space with the debut of its newest adults-only resort in Montego Bay: the new Hideaway at Royalton Blue Waters, An Autograph Collection All-Inclusive Resort.  The 352-room resort is part of […]

Yes, You Can Stay at an All-Inclusive Resort in St Thomas, USVI

the beach at the bolongo bay resort

The Bolongo Bay Beach Resort on St. Thomas may be the most popular all-inclusive resort you’ve never heard of. It’s not that the resort itself isn’t well-known: this family-run and managed, beach resort has been in business since 1974. But […]

The 15 Best Spa Resorts in the Caribbean

como parrot cay

Resort spas have become almost as common as fitness centers on amenity lists, but while it’s simple enough to carve out some space for a few treatment rooms, there are some spas that offer a true “experience” to go along […]

Related Posts caribbean vacation reggae with causion

From Antigua, a New Anthem for the Perfect Caribbean Vacation

Romance, adventure, culture, beaches, hotels. They’re all the perfect notes to the ultimate Caribbean vacation. Now, in time for the opening of the Caribbean’s most anticipated new adults-only resort, The Verandah Antigua, a top Caribbean reggae star has turned these […]

Caribbean Photo of the Week: The Blue of Eagle Beach in Aruba

the waters of eagle beach in aruba

The latest Caribbean Photo comes from Caribbean Journal reader Pam Whittle, who sent in this lovely shot of the blue waters of Eagle Beach in Aruba. Have you taken a great photo in the Caribbean? Send it to news@caribjournal.com with […]

"At Its Roots, Jamaica Is Soul, Rhythm and Culture Come to Life"

jamaica new way to fly

“At its roots, Jamaica is soul, rhythm and culture come to life.” – Cedella Marley Assouline’s series of travel books manages to capture the indescribable, inarticulable, essential qualities of a place, distilling a destination’s romance and wonder into a story […]


Sign up for Caribbean Journal's free newsletter for a daily dose of beaches, hotels, rum and the best Caribbean travel information on the net.

No. Thank You