ONE | GT Residences Grand Cayman
The Complete 2026 Buyer's Guide to George Town's Landmark Development
If you’ve been researching new construction in the Cayman Islands, one name keeps coming up: ONE | GT Residences. Located on Goring Avenue in the heart of George Town, this boutique hotel-and-residences project has quickly become one of the most talked-about addresses in Grand Cayman real estate — and for good reason.
Below, we break down everything you need to know about ONE | GT, from its design and amenities to pricing, investment potential, and why it’s redefining what “downtown living” means in the Cayman Islands.
What Is ONE | GT Residences?
ONE | GT is a landmark hotel and residential development situated directly behind Bayshore Mall in downtown George Town, Grand Cayman’s capital. Rising roughly ten to eleven storeys and around 144–154 feet above sea level, it stands as one of the tallest structures ever built in George Town — a genuine skyline moment for a capital that has historically stayed low-rise.
The project blends a boutique hotel with privately owned residences, giving buyers the flexibility to live in their unit full-time, use it as a part-time island retreat, or place it into a rental program when they’re off-island. The development comprises roughly 175–178 suites and residences, ranging from one-bedroom suites to two- and three-bedroom apartments and penthouse lofts, each with a private balcony or terrace.
Prime Location: The Heart of George Town
Location is where ONE | GT truly separates itself from the beach-corridor developments most buyers already know. Sitting on Goring Avenue at the edge of central George Town, residents are within walking distance of:
- Cayman’s financial and legal district
- George Town Harbour and the cruise terminal
- Bayshore Mall and downtown shopping
- Government offices and the business core of the island
For professionals working in Cayman’s financial services sector, or investors who want a low-maintenance pied-à-terre close to everything, this urban positioning is a major selling point that Seven Mile Beach developments simply can’t offer.
Design and Architecture
ONE | GT was conceived to fuse global influences with Caribbean flair — drawing on the energy of Miami’s rooftop beach clubs, the piazza culture of Europe, and the laid-back sophistication of LA, all filtered through a distinctly Cayman lens. The result is a contemporary, resort-style building that feels more like a lifestyle destination than a typical condo tower.
The project’s architecture and design quality haven’t gone unnoticed — ONE | GT has received recognition from the International Property Awards, a testament to the caliber of construction and design behind the build.
Amenities That Set ONE | GT Apart
This is where ONE | GT really earns its “landmark development” reputation. Owners and hotel guests share access to:
- Grand Cayman’s first rooftop infinity-edge pool, perched over 140 feet above sea level with panoramic views across George Town Harbour, Seven Mile Beach, South Sound, and North Sound
- The SKY Club — Cayman’s first luxury rooftop club and lounge
- A dedicated residence pool
- Full spa, gym, and wellness facilities
- Valet parking
- A library and relaxation lounge
- Weekly resident activities
On-Site Dining
Few residential developments in Cayman offer this level of culinary variety on-site:
- Perle — an elegant French-Mediterranean restaurant showcasing fresh island ingredients
- Byū — the rooftop restaurant and lounge, blending Asian-inspired dishes with Caribbean flair and standout sunset views
- Café Bellini — a relaxed all-day Italian bakery and gourmet market with house-made pastries and specialty coffee
Together, these venues make ONE | GT less of a residential building and more of a genuine lifestyle destination in the middle of the capital.
Investment Potential and Rental Income
ONE | GT was purpose-built with investors in mind. Because the development operates alongside a functioning boutique hotel, owners have the option to place their unit into the hotel’s rental and booking program — generating income when they’re not using it themselves.
Reported projections point to a healthy return on investment of around 10% per annum for one-bedroom suites, a figure that reflects both strong short-term rental demand in George Town and the built-in hotel infrastructure that handles bookings, housekeeping, and guest services on the owner’s behalf.
Buyers can typically choose from:
- Full-time personal residence
- Part-time / seasonal use with rental income the rest of the year
- Pure investment property placed entirely into the rental pool
Who Is ONE | GT Best Suited For?
- Investors seeking turnkey rental income backed by professional hotel management
- Remote professionals and finance-sector expats who want walkable access to Cayman’s business district
- Downsizers looking for a low-maintenance, amenity-rich residence without the upkeep of a house
- Second-home buyers who want a stylish urban base on the island, separate from the beach-resort crowd
ONE | GT vs. Seven Mile Beach Developments
Most of Cayman’s new-build attention goes to Seven Mile Beach projects like the Kimpton Seafire Residences or Grand Hyatt Residences. ONE | GT carves out a different niche entirely: instead of beachfront, it offers downtown convenience, harbour and multi-directional views, and walkability to the island’s commercial core — at a price point that’s often more accessible than beachfront towers. For buyers who value lifestyle and location over sand-at-your-doorstep, that trade-off is a compelling one.
Final Thoughts: Is ONE | GT Worth Considering?
ONE | GT Residences represents something genuinely new for George Town — a true mixed-use, amenity-rich, rooftop-pool building in a capital that has never had one. Combined with strong rental fundamentals, award-winning design, and a location that puts owners minutes from everything the island’s capital has to offer, it’s easy to see why ONE | GT has become one of the most searched-for new developments in the Cayman Islands.
If you’re exploring Cayman Islands real estate and want a property that works as both a lifestyle residence and an income-generating investment, ONE | GT deserves a serious look.
Frequently Asked Questions
Where is ONE | GT located? On Goring Avenue in downtown George Town, Grand Cayman, directly behind Bayshore Mall.
How many units does ONE | GT have? Approximately 175–178 suites and residences, ranging from one-bedroom suites to three-bedroom apartments and penthouse lofts.
Does ONE | GT offer a rental program? Yes. Owners can place their units into the on-site hotel’s booking and rental program, with projected returns of around 10% per annum for one-bedroom suites.
What amenities are included? Grand Cayman’s first rooftop infinity pool, the SKY Club, a residence pool, spa and gym facilities, valet parking, and three on-site restaurants (Perle, Byū, and Café Bellini).
Is ONE | GT on the beach? No — it’s a downtown George Town development, not beachfront. Its appeal is walkable access to the capital’s business and cultural district, with harbour and multi-directional island views.
Interested in current availability, floor plans, or pricing at ONE | GT? Connect with hello@modrealtycayman.com or contact +1(345) 323 4550 for the latest listings and buyer guidance.
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