Vela & Opus, Grand Cayman
Davenport Development - changing Cayman's real estate scene one quality residential development at a time.
Words by Vanessa Hansen
Davenport Development – the name hit Cayman’s real estate market in 2004, and quickly gained a solid reputation by staying true to its guiding principles: to deliver well-designed, energy-efficient, quality homes that support the local market – eighty per cent of their materials are sourced locally.
Founders Paul Pearson and Ken Thompson launched the company with Valencia Heights before moving on to Lantern Point and San Sebastian in South Sound. The latter developments offered something difficult to find – access to Cayman’s beautiful Caribbean Sea at an affordable price point. Davenport Development continues to stand out in Grand Cayman’s competitive market with its latest projects: Vela and Opus.
Occupying a prime location in South Sound, Vela boasts close proximity to shops and schools, but its amenities are what take this development to the next level. Clearly catering to residents with active lifestyles, Vela will be home to Cayman’s first ever Olympic-length pools complete with two lanes for serious swimmers, and resort-style fountains and sunbathing shelves for those more recreationally inclined. In total, three 50-metre pools will be built – one in each phase.
The family-friendly development will also feature tennis courts, two fully serviced gyms, a walking/jogging track and a yoga room. Not to be left out, boaters will have allocated parking spaces, and storage is being built below the tennis courts for residents to rent.
The developers strive to deliver value through building energy efficient homes that begin with structural walls made from Insulating Concrete Forms (ICF) blocks. Savings continue with energy-efficent A/C units from local vendor OtisAir and propane-powered appliances including a washer and dryer, oven and range, and a tankless water heater from Home Gas.
Offering a selection of high-end finishes and appliances such as Whirlpool’s sleek White Ice line for the kitchen from A. L. Thompson's, buyers can choose to customise the space as much or as little as they like.
Meanwhile hurricane-rated Eurotech Windows made of reflective glass curb heat and UV rays and a Nest smart thermostat, which can be controlled remotely, intuitively adjusts temperatures after learning the owner’s patterns.
Delivering value also comes in the form of ensuring residents’ peace of mind. Each home is equipped with a pre-wired security system, and a package from The Security Centre is included in the monthly strata.
Aesthetics take centre-stage at Vela. The modern development has taken care to ensure all homes have views of the pools and lush, green landscaping by way of parking and thoroughfares on the perimeter. While local design powerhouse, International Design Group (IDG), was brought in to advise on design and build furniture packages for buyers desiring a turnkey experience.
Unique to Vela, the developers are introducing affordable concierge service, which can include anything from picking up dry cleaning and groceries to hanging art while a resident is at work. The system will be utility based, with charges added to residents’ monthly strata invoice.
Phase II of Vela is now selling, with six different floor plans ranging from one to four bedrooms. Meanwhile, developers finalise plans for their next project – Opus.
Nestled on a rare beachfront ridge on Old Prospect Road, Opus features six three-storey residences. Designed to maximise the natural beauty of the waterfront location, each room of every house will enjoy views of the sparkling Caribbean Sea.
To be built according to Davenport’s guiding principles of quality, energy-efficiency and thoughtful design, future residents of the high-end homes can rest-assured they will incorporate hurricane-rated, energy-efficient materials and top-of-the-line finishes. Each residence will also include what is now considered a Davenport signature, a customisable rooftop terrace complete with an optional hot tub.
The residences’ modern, minimalist architecture is reflected in the interior design choices, which include Kitchen Aid’s new Black Stainless line of appliances. The concierge service introduced with Vela will also be implemented at Opus.
Whether it is family-friendly Vela or exclusive Opus that appeal to buyers, the Davenport team promises to deliver. With a track record of providing quality homes at affordable prices, Paul Pearson and Ken Thompson stand behind their company’s hard-won reputation by offering a one-year wall-to-wall warranty and five-year structural warranty on every residence.
To learn more, contact Davenport Development: call: +1.345.949.4979; email: or visit: www.davenportcayman.com
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