Loreto Bay Breaking News: San Diego media pick-up story

signon-san-diego-logoWith stories of Iran, Obama, and summer festivals flashing across mainstream media, there is little real attention placed on all that is happening in our beloved little town of Loreto and the Loreto Bay development.

I’m not surprised. To us, it may mean everything, or at least a lot — maybe even a dream. To many others it’s just another struggling Baja real estate project caught in the economic tsunami.

Geographically speaking, it makes sense that the Union-Tribune of San Diego, a fine publication by any measure (don’t quote me on that, this is the first article I’ve ever read published by it), would be the first to put fingers to keyboard about TSD ceasing operations (aka Loreto Bay Company, a unit or entity related to mothership CitiBank).

Between covering all the latest Mexican drug dealings, stabbings, and presumably Swine Flu, the Union-Tribune of San Diego found a few minutes to profile the resort development and real estate.

Our neighbor and Club Loreto Bay friend, Brian Durnian, lends a familiar face to the reporting, “I love it down there.” Well said Brian! We agree.

There is nothing new in the article that Loreto Bay home owners anxiously following the developments day-by-day on the social networks and blogs, won’t already know.

Beck, a construction firm out of Texas, submitted a bid today for buyers of unfinished homes to consider in order to complete, albeit at a reduced level of amenities, their homes.

Link to the article: Southern Baja resort project falls victim to financial woes

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  • Sandra Dibble

    The San Diego Union Tribune has in fact followed the story since 2005.<br />
    <br />
    <br />
    <a href="http://www.signonsandiego.com/uniontrib/20051228/news_1n28loreto.html&quot; target="_blank"><a href="http://www.signonsandiego.com/uniontrib/20051228/…</a>" target="_blank">http://www.signonsandiego.com/uniontrib/20051228/…</a></a> <br />
    <a href="http://www.signonsandiego.com/uniontrib/20051228/news_1n28loreto.html&quot; target="_blank"><a href="http://www.signonsandiego.com/uniontrib/20051228/…</a>" target="_blank">http://www.signonsandiego.com/uniontrib/20051228/…</a></a>

  • Donna

    I read the article this morning. The Union Tribune is an ok paper (I live in San Diego, actually Chula Vista) but there could be improvements, as in any paper. I actually do think the paper has improved over the past few years!<br />
    <br />
    Anyway, I was at one of the first &quot;push to buy&quot; Loreto Bay Co. meetings here in La Jolla, at the Estancia Hotel, must be 5 to six years ago now. I loved the concept for Loreto Bay Co, homes and other amenities. The price at the time was around $200,000, at least that's what they said you could buy a place for. Soon after, prices started going up to closer to $400,000 or more. I also attended a meeting to test the new website sometime in '05, maybe a little later. I even won a trip to stay at the hotel, but never took the trip, as it seemed like they would try to push buying a place, instead of me being able to just take a nice relaxing trip. Everyone was always very nice, but I was not in the place in life to buy a home in Loreto. Plus, the non-stop flight from San Diego was discontinued, which took away the convenience factor!<br />
    <br />
    Until about a year or so ago I had kept up with developments in Loreto. Now reading this, I am not surprised, as, from the beginning, LBC made it a point to say that the amenities of the projected were never guaranteed. It is very sad for the community as a whole, that this has happened. I am hoping, for all concerned, that something good comes out of this situation.<br />
    <br />
    Living in San Diego, we do read a lot about the violence in Mexico, and have stopped going to anywhere in Mexico, as of about three years. We had been going to the wine region as it is so close to us and such a lovely part of Mexico. There are two wonderful inns in Valle de Guadalupe, that were such a great retreat for us, right down the road! Also, nice restaurants in Tijuana, Ensenada and the wine region. Mmmm, Laja, I miss you!! In fact, with all the cruise ships that stop in Ensenada, they have really cleaned it up and it is quite quaint, these days. I am saddened by the fact that we do not feel comfortable traveling to Mexico anymore, as it is a nice inexpensive short getaway for us.<br />
    <br />
    Hopefully, things start to turn around for Loreto Bay and Mexico, in general, but I just don't hold out that much hope for any big improvements!!<br />
    <br />
    Donna

  • Donna

    Sandra, <br />
    I would have to agree that you have followed the story very well. I think that the UT has been one of the only papers that has covered much of this story. I also think that this is not front page news, as I don't believe many San Diegans even know about any of the happenings in this part of Loreto Bay. It is news, but I think that the violence in Mexico and the swine flu has trumped any other happenings in Mexico, for obvious reasons. <br />
    <br />
    I know that you and the UT will let us know of any new goings on, in a timely manner!<br />
    <br />
    Thanks,<br />
    Donna

    • Donna

      Sandra,
      I would have to agree that you have followed the story very well. I think that the UT has been one of the only papers that has covered much of this story. I also think that this is not front page news, as I don’t believe many San Diegans even know about any of the happenings in this part of Loreto Bay. It is news, but I think that the violence in Mexico and the swine flu has trumped any other happenings in Mexico, for obvious reasons.

      I know that you and the UT will let us know of any new goings on, in a timely manner!

      Thanks,
      Donna

    • Donna

      Sandra,
      I would have to agree that you have followed the story very well. I think that the UT has been one of the only papers that has covered much of this story. I also think that this is not front page news, as I don’t believe many San Diegans even know about any of the happenings in this part of Loreto Bay. It is news, but I think that the violence in Mexico and the swine flu has trumped any other happenings in Mexico, for obvious reasons.

      I know that you and the UT will let us know of any new goings on, in a timely manner!

      Thanks,
      Donna

    • Sandra, true. Thanks for the links.

    • Sandra, true. Thanks for the links.

  • Sandra Dibble
    • Donna

      Sandra,
      I would have to agree that you have followed the story very well. I think that the UT has been one of the only papers that has covered much of this story. I also think that this is not front page news, as I don’t believe many San Diegans even know about any of the happenings in this part of Loreto Bay. It is news, but I think that the violence in Mexico and the swine flu has trumped any other happenings in Mexico, for obvious reasons.

      I know that you and the UT will let us know of any new goings on, in a timely manner!

      Thanks,
      Donna

    • Sandra, true. Thanks for the links.

  • Donna

    I read the article this morning. The Union Tribune is an ok paper (I live in San Diego, actually Chula Vista) but there could be improvements, as in any paper. I actually do think the paper has improved over the past few years!

    Anyway, I was at one of the first “push to buy” Loreto Bay Co. meetings here in La Jolla, at the Estancia Hotel, must be 5 to six years ago now. I loved the concept for Loreto Bay Co, homes and other amenities. The price at the time was around $200,000, at least that’s what they said you could buy a place for. Soon after, prices started going up to closer to $400,000 or more. I also attended a meeting to test the new website sometime in ’05, maybe a little later. I even won a trip to stay at the hotel, but never took the trip, as it seemed like they would try to push buying a place, instead of me being able to just take a nice relaxing trip. Everyone was always very nice, but I was not in the place in life to buy a home in Loreto. Plus, the non-stop flight from San Diego was discontinued, which took away the convenience factor!

    Until about a year or so ago I had kept up with developments in Loreto. Now reading this, I am not surprised, as, from the beginning, LBC made it a point to say that the amenities of the projected were never guaranteed. It is very sad for the community as a whole, that this has happened. I am hoping, for all concerned, that something good comes out of this situation.

    Living in San Diego, we do read a lot about the violence in Mexico, and have stopped going to anywhere in Mexico, as of about three years. We had been going to the wine region as it is so close to us and such a lovely part of Mexico. There are two wonderful inns in Valle de Guadalupe, that were such a great retreat for us, right down the road! Also, nice restaurants in Tijuana, Ensenada and the wine region. Mmmm, Laja, I miss you!! In fact, with all the cruise ships that stop in Ensenada, they have really cleaned it up and it is quite quaint, these days. I am saddened by the fact that we do not feel comfortable traveling to Mexico anymore, as it is a nice inexpensive short getaway for us.

    Hopefully, things start to turn around for Loreto Bay and Mexico, in general, but I just don’t hold out that much hope for any big improvements!!

    Donna

  • Donna

    I read the article this morning. The Union Tribune is an ok paper (I live in San Diego, actually Chula Vista) but there could be improvements, as in any paper. I actually do think the paper has improved over the past few years!

    Anyway, I was at one of the first “push to buy” Loreto Bay Co. meetings here in La Jolla, at the Estancia Hotel, must be 5 to six years ago now. I loved the concept for Loreto Bay Co, homes and other amenities. The price at the time was around $200,000, at least that’s what they said you could buy a place for. Soon after, prices started going up to closer to $400,000 or more. I also attended a meeting to test the new website sometime in ’05, maybe a little later. I even won a trip to stay at the hotel, but never took the trip, as it seemed like they would try to push buying a place, instead of me being able to just take a nice relaxing trip. Everyone was always very nice, but I was not in the place in life to buy a home in Loreto. Plus, the non-stop flight from San Diego was discontinued, which took away the convenience factor!

    Until about a year or so ago I had kept up with developments in Loreto. Now reading this, I am not surprised, as, from the beginning, LBC made it a point to say that the amenities of the projected were never guaranteed. It is very sad for the community as a whole, that this has happened. I am hoping, for all concerned, that something good comes out of this situation.

    Living in San Diego, we do read a lot about the violence in Mexico, and have stopped going to anywhere in Mexico, as of about three years. We had been going to the wine region as it is so close to us and such a lovely part of Mexico. There are two wonderful inns in Valle de Guadalupe, that were such a great retreat for us, right down the road! Also, nice restaurants in Tijuana, Ensenada and the wine region. Mmmm, Laja, I miss you!! In fact, with all the cruise ships that stop in Ensenada, they have really cleaned it up and it is quite quaint, these days. I am saddened by the fact that we do not feel comfortable traveling to Mexico anymore, as it is a nice inexpensive short getaway for us.

    Hopefully, things start to turn around for Loreto Bay and Mexico, in general, but I just don’t hold out that much hope for any big improvements!!

    Donna

  • Clinton Stark

    Sandra, true. Thanks for the links.