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CAYMANAS Park is set to undergo major refurbishing works within months after operators of the horse-racing facility, Supreme Ventures Racing and Entertainment Limited (SVREL), this week started a process of approval through government-owned Caymanas Track Limited (CTL) from whom the 196-acre property was acquired on a 30-year lease in 1997.
Among the proposed works, estimated at $70 million, is rehabilitation of the property’s older well, resurfacing of the racetrack and restoration of the equine pool.
Solomon Sharpe, chairman, SVREL, who accompanied CTL’s chief executive officer, Errol Robinson, on a tour of the property, explained that its ongoing upgrades at the racetrack are intended to address “operational and infrastructure concerns in a sustainable manner and to help ensure the long-term strength and resilience of Caymanas Park”.
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