President Vicente Fox Quesada celebrated the inauguration of Marina
Costa Baja, a beachfront resort community, on September 26. . On the
edge of the Sea of Cortez, it has two state-of-the-art marinas with 250
prime slips for 30 to 250 ft. crafts, managed by well-regarded Bellport
of Newport Beach, California. A lively marina village with restaurants,
outdoor cafés, and charming boutiques is almost fully leased and
provides lots of choices for both homeowners and visitors. Luxury
villas and condos overlook one of three white sand beaches. Models are
open and many homes are move-in ready. Sales are soon to begin on hillside
homes and lots with panoramic bay-views. A new on-site 120-room Fiesta
Inn makes it easy to come for a visit to explore. Mexico-City-based
Parque Reforma, whose founder was noted environmentalist Manuel Arango,
is the developer of Marina Costa Baja. Prudential California Realty
is handling the condo sales, with prices starting at under $200,000. Baby-boomers,
young families, and investors are quickly snatching up these great buys.
RNM Design of Newport Beach, California is designing the master plan for
the next phase of 100 hill top residential lots.
Paradise of the Sea is a resort on the El Megote Peninsula, which
expects to complete an 18-hole Arthur Hills design. Accessible by
a 5-minute ferryboat ride across the Bay of La Paz, the resort has city-light
views of the mainland from many locations. Luis Cano, who owns Gravi
Constructora a large building firm in Cabo, and John Fair, the Denver-based
developer of Auberge at Esperanza in Cabo San Lucas, are heading up the
project. With the recently obtained Audubon International stamp of
approval, the development expects construction to begin on its first phase
of a total of 458 2- and 3-bedroom condominiums, and 294 luxury 2- and
3-bedroom casas in November 2005.
In anticipation of the areas growth, legendary and charming Hotel
La Concha, the only hotel actually located directly on the beach, is
renovating its 100 guest rooms, lobby, restaurant, and 4,000+ Sq. Ft. conference
center. Owner-partners, Kaveh Lahijani and Safi Mirsaeavi, mentioned that
they are considering building two condominium towers of 35 units each on
the 3 acres adjacent to the hotel.
Punta Colorada, a scenic peninsula with 640-acres and plans for
a championship Robert von Hagge golf course with spectacular view holes,
350 single-family homes, a hotel, and 300 condo units, has been approved.
Three adjacent companion parcels with additional potential golf courses,
home sites, and hotel pads, will bring this total area to over 4,660 acres,
estimated at $1 billion upon completion. Prudential California Realty is
representing the owners to subdivide and sell off some of the parcels.
Last but not least, Bahia de los Sueños (Bay of Dreams),
a 4,300-acre resort development 45 minutes south of town, began construction
three years ago with low-density beachfront estates and The Giggling Marlin
Beach Club, named by the owner of the popular restaurant with the same
name in Cabo San Lucas. Prudential California Realty CEO Steve Games,
and his partner, Gary Wagner, have signed Tom Doak as the golf architect
for the projects 18-hole golf course and a 6-hole barefoot golf course
for family and informal play. The hot golf architect also designed
Pacific Dunes in Oregon, ranked one of Americas top courses by GOLF MAGAZINE,
GOLF DIGEST, and GOLFWEEK. Additionally, Bahia de los Sueños
has hired the same team that designed and built the famed Las Ventanas
al Paraíso hotel in Cabo San Lucas.
Golf Publishing International, Inc.
Tel: (949) 246-2327