We continue to make progress at the Vista Del Mar development which is just to the south of Dominical and Uvita. Many home plantels have been cleared and the installation of the water system is progressing quickly. Water tank pads are being constructed and the tanks are to be installed in the next two weeks.

• Click here to see the development progress

• Click here to go to the recently re-designed Vista Del Mar website

Picture of the water trenches for the water distribution system

Next on the construction agenda is the installation of the electrical system. All necessary permits have been obtained from the municipality and installation is due to start next week. We will be delivering 200amp service to the base of each property. Installation of the electrical system can be done as early as November 1st.

We have started another development project in Tres Rios called Alta Vista. Alta Vista is located about 3 kilometers off the main paved Costanera and has excellent ocean and mountain views. The initial survey process has started to divide the property into lots and we are pre-selling lots in Alta Vista at attractive prices. Following are links to Alta Vista:

• Lots and Prices

• Property Information

• Building Information

• Financing

• Title Insurance

Click the image to go to www.altavistacr.com

This article appeared in the October 7th Tico Times. When large hotel operators like Marriott decide to build, that clearly signifies the country of Costa Rica and, more specifically, the Pacific Coast, is on the destination radar. The North, Central and South coasts continue to grow and for the most part, the growth is being managed reasonably well with a balance between  environmental responsibility and economic growth. 

The Salvadoran group Roble Internacional will be constructing a brand-new luxury JW Marriott hotel on the northern Pacific coast of Costa Rica, with completion expected by the end of 2007, an official source from the project told reporters yesterday.

In statements to the daily La Nación, Javier Gasteazoro, director of Grupo Roble, explained that this will be the first JW Marriott built in Central America, and the third built in Latin America . Grupo Roble already operates a Marriott in Puebla, Mexico and another in Panama, according to Gasteazoro, who explained that only 34 of the luxurious JW Marriotts exist in the world.

Gasteazoro said construction will begin in the middle of 2006, and that he hopes that the hotel will be ready by the end of 2007. Grupo Roble is the owner of the Multiplaza malls in Central America, as well as popular hotel chain Intercontinental.

The new hotel will be named JW Marriot Hotel and Resort Hacienda Pinilla and will feature a first phase of 180 luxury rooms designed in a Spanish style. The hotel will be located at Hacienda Pinilla in the historic city of Santa Cruz in Guanacaste, 250 kilometers northwest of San José, where the group purchased a land plot measuring 40,000 square meters. It will also include a 1,500 square meter spa, four international chain restaurants and a convention center that will fit more than 1,000 people.

For the project, the group will hire 300 people, although they estimate that 6,000 people will indirectly benefit from its construction. Hacienda Pinilla is a private residential community with small homes and a professional 18-hole golf course. In a second phase of construction, the hotel will increase to 250 rooms and will construct condominiums and villas, Gasteazoro said.

As many of you know there has been more than just talk about the airport to be in the southern zone although the government is being tight-lipped about the project so as not to give away the site location for fear of driving up property value and increasing the cost of the project.

The site selection committee for the airport completed a study back in the spring and released their results to the public. They have narrowed the site for the new airport down to two and have said the location will be between Palmar and Golfito.

Click here to request a PDF copy of the article

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