BajaNomad - Loreto Bay acquires land to expand Baja project

Loreto Bay acquires land to expand Baja project

BajaNews - 8-18-2006 at 07:34 PM

http://phoenix.bizjournals.com/phoenix/stories/2006/08/14/da...

Loreto Bay Co. is acquiring land from Mexico's tourism development agency for a second and third phase of its seaside development in Baja California.

The Scottsdale company announced Thursday that it is exercising an option to purchase the land as it completes work on Phase I of The Villages at Loreto Bay. More than 100 homes already are occupied and another 250 are under construction.

About 900 homes will be part of Phases II and III with homes starting in the high $300,000s. The project is located about 700 miles south of San Diego along the Sea of Cort?z. The developer envisions up to nine phases totaling 8,000 acres over a 12- to 15-year period.

The mix of homes will include luxury condominiums, beach front and golf course custom villas and courtyard homes. A Santa Fe-style resort, beach club and spa, golf club, retail and recreational facilities also are part of the plan. Sales have topped $300 million since the project was started less than three years ago, officials said.

Resort developments in Baja and Rocky Point, also on the Sea of Cort?z but closer to Phoenix, have become hot getaways for Arizona residents.

bancoduo - 8-18-2006 at 08:32 PM

OH NO! The zonies are coming.

capt. mike - 8-19-2006 at 05:44 AM

not just coming banco.................we're HEEEEERE!!!!!!!!!!!!!!!!!!!!!!

tuna stick - 8-19-2006 at 01:50 PM

I believe Loreto Bay is hauling in water for the people living there at this time. I am wandering where the water is coming from.

Water- the ever limiting factor

thebajarunner - 8-19-2006 at 05:21 PM

I am a developer in Northern California,
we have lots of water,
yet it limits what we can do in many areas.
One of these days (unless the Saudis use a bunch of our oil money to develop affordable desal plants) the development in Baja will come to a rapid halt, and many there will be very thirsty...

You cannot drink Handwipes, folks...

LB water

tehag - 8-19-2006 at 05:31 PM

Last I heard LB is using Loreto city water, just like they said they wouldn't.

Bob H - 8-19-2006 at 06:07 PM

Water can always be trucked in.... as it is in many parts of Mexico. The Pila can always be filled by trucking it in.

jerry - 8-19-2006 at 06:14 PM

they gotta truck it from somewhere;

capt. mike - 8-20-2006 at 05:21 PM

Puerto Penasco is a model of quality water engineering via desal plants.
my understanding is they are doing a similar set up.

wilderone - 8-21-2006 at 09:20 AM

hmmmm ... now it's Santa Fe style. But as we can see, the actual construction is neither Spanish Colonial nor Santa Fe style. They clearly are confused.

wilderone - 8-21-2006 at 09:34 AM

In an 8/13 news release, Grogan says: "'And the architecture is artisanal, with touches that make each home truly special.'"

Webster's 9th New Collegiate Dictionary--
artisan: One as a carpenter, plumber, or tailor trained to manual dexterity or skill in a trade; broadly a skilled worker. artisanal; artisanship.

I think Grogan's just given up as to how to describe it now, it's such a hodge podge, and obviously isn't as promised or hyped.

Roberto - 8-21-2006 at 09:25 PM

Quote:

Originally posted by wilderone
In an 8/13 news release, Grogan says: "'And the architecture is artisanal, with touches that make each home truly special.'"

Webster's 9th New Collegiate Dictionary--
artisan: One as a carpenter, plumber, or tailor trained to manual dexterity or skill in a trade; broadly a skilled worker. artisanal; artisanship.

I think Grogan's just given up as to how to describe it now, it's such a hodge podge, and obviously isn't as promised or hyped.

Webster's 9th New Collegiate Dictionary? :lol:

It's SALES - get it?