Unfortunately, due to a hardware failure, our forums are dead right now…we are experiencing first hand the benefits of cloud computing. As we struggle through this, we’ll be making quick posts on a a select number of news updates.
The article “Love Affair” featured in the Calgary Herald features developments in San Jose del Cabo area which is located 40 kilometers east of Cabo San Lucas. The community described sounds very similar to Loreto Bay. One particular quote that caught my eye was:
“Around the marina will be a Mexican walking village designed by Intrawest of Vancouver. This will include shops, nightclubs, art galleries, and language schools — in short, everything from T-shirts and tacos to Rolexes.”
If you recall, the key management of Replay Resorts is from Intrawest.
Another interesting note was the pricing of the La Noria development in the area which is noted to be priced as follows:
Lot prices in La Noria range from $285,000 US, in El Altillo from $375,000 to $950,000, and $399,000 to $6,775,000 for a beachfront in Fundadores. There are also a number of new homes for sale averaging 5,000 square feet that are priced from $2.3 million to $6.5 million.
You can access the article here.
Here is a website I found on Puerto Los Cabos. I think it is the same development as referenced in the article.