In partnership with the Guy Harvey Ocean Foundation, Nova Southeastern University and the Coral Reef Institute, FIN is the first real estate development in the Cayman Islands to undertake the funding of a coral reef monitoring and restoration program. FIN is also the first to create continued long-term funding through the contribution of 1% of its monthly strata fees, setting a new standard for future oceanfront property development.
Marine biologists from Nova Southeastern have visited the FIN reef twice since 2017 to conduct assessments of the status of the coral reef and marine habitats, monitoring long-term trends in coral reef condition, and proactively improving the resource through restoration activities. FIN’s first coral reef resource assessment was completed in May 2017 to characterize the current status of the benthic community offshore this property and an adjacent property.
The goals of this coral reef monitoring and restoration project are to document long-term trends in the condition of the coral reef habitats and to actively improve the condition of select habitats. Long-term monitoring is proposed to occur in all coral reef habitats and at specific sites targeted for restoration activities. Restoration may include a variety of activities and will initially include the enhancement of staghorn coral, Acropora cervicornis, populations working in partnership with a local staghorn coral nursery.
Championing the protection and preservation of their backyard, FIN Residents will become active participants in the conservation of our most valuable ecosystem.