Lawyers plan 6 storey tower
(CNS): Offshore legal firm Appleby has announced plans to expand its Cayman Islands office with the addition of a new 6-storey tower at its Fort Street location. The firm said the new Appleby Tower, to be completed in the summer of 2012, has been “architecturally designed to blend into the existing colonial style buildings, Clifton House and Artemis House,” but said it features a modern glass façade. The building will be constructed with various green initiatives, the lawyers said, such as energy-efficient lighting and air conditioning systems, as well as water conservation equipment. On Wednesday 16 March a ceremony was held at the Appleby offices to break ground for the development, which will bring the firm’s total meeting and office space to 80,000 square feet.
Floors one to five will be occupied with a state-of-the-art training room, workspace for several practice groups and business support services, the firm revealed. Meanwhile, the sixth floor will be home to new conference room facilities and will boast views over the harbour front and George Town. The rooftop terrace will be fitted with an entertainment deck, providing panoramic views of the George Town harbour, Heroes’ Square and the new park.
“Despite the recession, Appleby has continued to grow and has maintained its position as the world’s largest offshore law firm,” Appleby Managing Partner of the Cayman office, Huw Moses, said at the ceremony. “Here in the Cayman Islands, Appleby has also experienced positive growth and the expansion of our footprint in George Town will enable us to continue to provide premier offshore legal, fiduciary and administration services to our clients within the Cayman Islands, across all our jurisdictions and beyond.”
Category: Business
…and with this one announcement, Appleby has done more for the Cayman economy than all of the current administration’s announcements combined.