Ken Dart leads several retail operations, and recreational and commercial real estate developments across the United States, the Cayman Islands, South America, Europe and the Far East.
This range of activities often take place in the Cayman Islands where Dart is owner and on the board of directors of Dart Realty (Cayman) Ltd. (DRCL), Dart Enterprises Ltd., and Cayman Shores Development Ltd. (CSDL). The CSDL development team is responsible for Camana Bay, a 500 acre community found in the Cayman Islands.
Camana Bay is a new urbanism community dedicated to sustainable lifestyle, all due to the efforts of DRCL and a team made up of creative experts, such as:
- Moore Ruble Yudell and Duanes Plater-Zyberk (architects and city planners)
- Olin (landscape designers)
- L’Observatoire (lighting designers and consultants) and other specialized craftsmen.
Together, they created a unique, non-gated community, where the vibrancy of island living is enhanced with the conveniences of an urban environment providing a walkable and pedestrian-oriented design. The development follows LEED (Leadership in Energy and Environmental Design) guidelines for construction to maximize energy and water efficiency, ensure indoor air quality and incorporate new green building technology such as the cutting edge sun shading software used to design one of Camana Bay’s 125,000 square-foot commercial office buildings.
Today, Camana Bay has numerous commercial office tenants such as Ernst & Young, AON, Goldman Sachs, BNY Mellon, to name a few. The Camana Bay Town Centre incorporates Regal Cinemas, Anytime Fitness 24-hour Gym, numerous retail outlets, including a branch of Books & Books, a corner grocery, and a number of clothing stores, as well as Cafés and Restaurants; several of which are run by award winning chefs, such as Michael Schwartz and Cindy Hutson. There are 63 luxury apartments already occupied above restaurants and retail and Camana Bay will soon be embarking on a major residential phase consisting of of almost 200 housing units, including houses, town homes, and condominiums. Camana Bay is the home of the Cayman International School, generously built and donated by the Dart family, which has a K-12 student enrollment of approximated 450.
Active Capital Ltd., a subsidiary of Dart Enterprises, is the holding company for a number of retail investments including luxury retail, duty free retail and wholesale distribution and retail beverages.
With over 500 employees at Kenneth Dart’s Cayman Islands companies, an emphasis on professional growth, mentoring and employee development is essential. In addition to quality employee life, the companies aspire to give back to the community. Dart recently started the Minds Inspired Education Scholarship Programme, aimed at students entering grade 9 (Year 10) to help them excel academically in math and science through financial support, mentoring, and on-the-job experience.
To help the community thrive, the Dart Foundation supports many local organizations and projects with funding, such as the development of public parks in Grand Cayman’s five districts, Young Caymanian Leadership Awards, the National Gallery of the Cayman Islands, the Central Caribbean Marine Institute, the Cayman Islands Little League, Junior Achievement, the Cayman maritime Heritage and Cayman National Cultural Foundation supporting the Miss Lassie Project, saving and restoring the home of the visionary Caymanian artist Miss Lassie. Also, the Dart Foundation provided $1 million to the National Recovery Fund to help repair damage from Hurricane Ivan, which destroyed numerous homes on Grand Cayman back in 2004.