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Author: Subject: New life for Loreto as resort
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[*] posted on 3-15-2005 at 03:10 PM
New life for Loreto as resort


http://www.sfgate.com/cgi-bin/article.cgi?f=/chronicle/archi...

Christine Delsol, Jeanne Cooper, Larry Habegger, James O'Reilly
March 13, 2005

With Canc?n the single most popular destination in Mexico and Los Cabos teeming with tourists year round, Mexico's tourism development agency is turning its sights to Loreto, 700 miles south of San Diego.

The sleepy village on the Sea of Cort?s is no secret to U.S. sports fishing fans who have been escaping to Baja for decades. Divers and kayakers are more recent arrivals. Of Loreto's international visitors, 80 percent come from California.

Fonatur, the Mexican agency, marked Loreto for development in the 1970s and built Nopolo, a master-planned community with a tennis and golf resort. But feverish development in Los Cabos siphoned off interest, and the property lay fallow for decades.

With the Canadian nonprofit Trust for Sustainable Development, Fonatur is turning Nopolo into Loreto Bay Village, lining 3 miles of coast, 5 miles south of the town of Loreto. It will encompass 5,000 homes, a town center, hotels, spas, golf courses, a marina, a nature preserve and a solar farm. The Canadian group has a reputation for environmental sensitivity, and the local government sees Loreto as a model for sustainable development.

Of Fonatur's projects, Loreto is the closest to the United States. The old Loreto Presidente, built as part of Nopolo, reopened last June as the all-inclusive Whales Inn, starting at $230 a night for a double. The Camino Real starts at $140. Other hotels in the Loreto area charge $25 to $89 a night.
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[*] posted on 3-16-2005 at 08:41 PM
Loreto


AFter spending two weeks in November in Cabo, and seeing all the construction of homes for the workers towards the north part of town, and the homes & resorts & hotels under construction right now, I can understand the interest in Loreto Bay. It's a bargain compared to the Cabo area prices. Better check this out before the prices double!!!!!!
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