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Author: Subject: TIGER WOODS' BAJA DEVELOPMENT
TMW
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[*] posted on 10-8-2008 at 06:15 PM


At 3 million for a vacant lot I guess I'll not be a neighbor unless a friendly Nomad will give me $2,990,000. I got $10,000 but then there is the question of the house or condo. Better make that $4,000,000 as a gift.
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[*] posted on 10-9-2008 at 08:04 AM


Quote:
Originally posted by TW
At 3 million for a vacant lot I guess I'll not be a neighbor unless a friendly Nomad will give me $2,990,000. I got $10,000 but then there is the question of the house or condo. Better make that $4,000,000 as a gift.


They are out of their fricken minds ...

You could live in a beautiful home in the states, with potable water, paved roads, and a place where you are not seen as a mark for every Mexican on the food chain.

Baja is no longer a bargin .... and that was the only reason people put up with little or no infrastructure.

CaboRon




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[*] posted on 10-9-2008 at 09:19 AM


I am really surprised by Tiger's "association" with this project... could it be that he/his staff are totally ignorant of what is going on(crime-wise) in the nearby area... unless you travel by armored car or helicopter from San Diego... I would think these new "elite tourist" will be prime targets for the criminal element... money is like honey used to attract cuddly teddy bears.....
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[*] posted on 10-9-2008 at 09:21 AM


Crime in the nearby area? There is an occasional break in or theft of copper wire from the electrical poles but that pretty much sums up the crime in the nearby area.



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[*] posted on 10-9-2008 at 09:27 AM


sorry bajabound.... nearby is relative... since there is lack of a jetport at the development... I made the guess that the travelers would come from San Diego... hence they will travel the gauntlet of T.J./Rosarito .... not known as a "Scenic drive" designated by the Mexican Travel bureau...
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[*] posted on 10-9-2008 at 09:33 AM


Sorry oldjack but the plan is for the homeowners there to arrive by sea or air. Just spoke with someone who has worked on the project with the developers for the last few years and has access to the property. My guess is that with the prices they are charging and the deep pockets financing it, they will build whatever infrastructure they need to make it work. You cannot mention Donald Trump and Tiger Woods in the same breath. Their name and draw are very different in the market today.

This project is not targeting Baja retirees and to make any comparison is ridiculous. Whether or not they will actually sell to the jet set remains to be seen but the fact that they are creating a very private, exclusive project with high security and difficult access that is attractive to that level of folks. I hope they are successful and my guess is that it will be.



[Edited on 10-9-2008 by BajaGringo]




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[*] posted on 10-9-2008 at 02:04 PM


Just saw Tiger on CNN international about this new course, but they called it Punta Brava...and translated it wild point.. I am 99% sure that I heard Tiger say 16 holes on the water.
Here the El Dorado Golf Club moved their holes on the water and made them home sites with ocean views. Guess they needed some cash.




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[*] posted on 10-9-2008 at 02:37 PM


http://www.puntabrava.com/index.html


My Punta Banda neighbor sent me this link about our new neighbor today.

P<*)))>{

[Edited on 9-10-2008 by Paulina]




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[*] posted on 10-9-2008 at 05:08 PM


Punta Brava will be DOA. At some point, you have to step back and wonder, does this make sense? Spend $3 million for a scrub lot straddling the San Andreas fault? $3.5 million for a concrete block condo? Arrive via a road that's due to wash out with the next big rainfall? And at those price points, there are some magnificent alternatives that are much more easily accessible...and in nicer places than La Bufadora.

Tiger may very well design the course, but so what? While he's no Tiger Woods, what has Greg Norman's name done for BajaMar? Once the initial hysteria passes, this project will go the way of all pipedreams in this part of the universe....into hyperspace.




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[*] posted on 10-9-2008 at 05:09 PM


San Andreas fault?



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[*] posted on 10-9-2008 at 06:04 PM


At those prices, it makes my place at the Baja Country Club look good!!!!!!



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[*] posted on 10-9-2008 at 08:35 PM


Quote:
Originally posted by David K
San Andreas fault?


Close. A fault by any other name...

Agua Blanca fault--A major transverse structure of northern Baja California, Mexico
Clarence Roderic Allen, Leon T. Silver, and Francis Greenough Stehli

Agua Blanca fault is a major right-handed strike-slip fault at least 80 mi. in length that cuts transversely across the peninsula of Baja California about 70 mi. S. of the international border. Its trend is anomalous in being more nearly parallel to the Transverse Ranges of southern California than to the San Andreas fault system that elsewhere dominates the tectonic grain of the peninsula. Geographic features delineating the fault trace are, from E. to W: Paso San Matias, Valle de La Trinidad, Canon de Dolores, Valle de Agua Blanca, Valle de Santo Tomas, Bahia Soledad (S. branch of fault), Punta Banda (N. branch). Farther W., both branches of the fault control submarine topography, and possibly the fault system is continuous with the NW.-trending San Clemente fault off the southern California coast. Physiographic expression of the Agua Blanca fault is remarkably similar to that of the San Andreas. Typical features are Recent scarps, offset streams, shutterridges, fault sags and saddles, side-hill ridges, and fault-controlled valleys. Most of these features are particularly well exhibited in Valle de Agua Blanca, which is designated as the type locality. Rocks cut by the fault are mainly Cretaceous plutonic rocks of the southern California batholith and Lower Cretaceous (Albian) metavolcanic rocks. Along the Pacific Coast, the fault cuts Upper Cretaceous (Maestrichtian) postbatholithic sedimentary rocks that are otherwise surprisingly little deformed as compared to rocks of similar age in most of California. Agua Blanca fault shows a history of right-lateral displacement throughout its length. Recent stream offsets occur from Valle de La Trinidad nearly to the Pacific Ocean; distinctive Quaternary (?) fan gravels in Valle de Agua Blanca are offset laterally 3 mi. from their most likely source area across the fault; in the same area, a fault slice of distinctive antiperthitic granodiorite is best explained by 7 mi. of lateral displacement, and a nearby slice of quartz diorite may indicate displacement as great as 14 mi. In general, evidence of both Recent activity and amount of total displacement appear to increase westward. The fault coincides in gross aspect with a broad E.-W. zone of seismic activity in a region elsewhere characterized by relative quiescence, but no large historical earthquakes can be positively correlated with this fault. Despite its orientation athwart the regional tectonic grain, Agua Blanca fault does not appear to represent a deep-seated structural feature analogous to those of the Transverse Ranges. Instead, it is probably one of several paths by which the San Andreas fault tends to break around the "knot" caused by the great bend of the San Andreas in southern California.

[Edited on 10-10-2008 by bajamigo]




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[*] posted on 10-10-2008 at 03:51 AM


Quote:
Originally posted by BajaGringo
Sorry oldjack but the plan is for the homeowners there to arrive by sea or air. Just spoke with someone who has worked on the project with the developers for the last few years and has access to the property. My guess is that with the prices they are charging and the deep pockets financing it, they will build whatever infrastructure they need to make it work. You cannot mention Donald Trump and Tiger Woods in the same breath. Their name and draw are very different in the market today.

This project is not targeting Baja retirees and to make any comparison is ridiculous. Whether or not they will actually sell to the jet set remains to be seen but the fact that they are creating a very private, exclusive project with high security and difficult access that is attractive to that level of folks. I hope they are successful and my guess is that it will be.



Hey, local drug cartel lords need nice homes too, ya know.




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[*] posted on 10-10-2008 at 07:47 AM


And what about protection from fires and medical emergencies? Do you think they expect to use the volunteer fire department of Punta Banda?
Or maybe they will buy all brand new equipment to replace all the old we're using now!! Yea, right!




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[*] posted on 10-10-2008 at 08:42 AM


There aren't deep pockets - this is a newly formed corp. for this development. Yes, some past experience - Horseshoe Bay - others. But none is Mexico that I can see. Same problems - potable water, sewage, sensitive environment. And why would someone buy a home in an area of the world known for its drug wars. The Pacific Ocean is cold there most of the time, not much to do except play golf. The fishing is so-so - might as well fish out of the San Diego fleet. They might envision this something like Kapalua - but it doesn't get the rainfall and the ocean is cold. There are lots of choices for people who want to spend a million dollars on a home near a golf course. Why incorporate a problem with transportation getting to it. Boat in? They're going to build a marina for very large boats on that exposed point? Where are these boats coming from? Makes no sense. If you're driving, you can't afford a place there. I can't imagine anyone who could afford a $1 million, $3 million home buying there pre-construction. If Trump can't get some reasonably priced condos off the ground, what factors would indicate that Punta Brava would be successful? Tiger Woods says he'll have a house there - I'm sure that's his payment for designing the course. IF it gets built, he'll sell it, after he makes a couple appearances for the rich folk who think they're going to hob-nob with their neighbor Tiger Woods. Ha!
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[*] posted on 10-10-2008 at 09:10 AM


I agree that any development in today's economy is risky and this one is no different in that regard. The only reason I believe that this one might have a chance is that it is not going after your normal buyer. This is not a project that will be marketed by local real estate agents. There will be no banners out advertising "OPEN HOUSE". This is targeted to a small and very high end group with net worth of 100 million plus. Tiger Woods name is a huge draw in that community with some of these guys paying a million dollars just to play a round of golf with him in a charity event. None of these guys would ever pay a thousand dollars to have lunch with Donald Trump. It's an apples and oranges comparison.

The corporation building the development is new but if you go down the list of investors you will find some very deep pockets. Sales at this development will happen more by invitation than marketing. In tough economic times there are only two types of properties that flourish: fire sales and exclusive.

Time will tell...




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[*] posted on 10-10-2008 at 09:15 AM


Golfers - maybe too much time in the sun affects their common sense.
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[*] posted on 10-10-2008 at 09:18 AM


Quote:
Originally posted by wilderone
Golfers - maybe too much time in the sun affects their common sense.


That is something we definitely agree on!!!!

:lol::lol::lol::lol:




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[*] posted on 10-10-2008 at 09:30 AM


Quote:
Originally posted by bajajudy
Just saw Tiger on CNN international about this new course, but they called it Punta Brava...and translated it wild point.. I am 99% sure that I heard Tiger say 16 holes on the water.
Here the El Dorado Golf Club moved their holes on the water and made them home sites with ocean views. Guess they needed some cash.


Tiger was on the Today! show this morning talking live about the "Punta Brava" project. Even a helicopter video of him standng on the cliff overlooking the ocean site. He said it's the third course he is designing and EVERY one of the 18 Holes and Tees has an ocean view.




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[*] posted on 10-10-2008 at 06:15 PM


Was there not a golf resort planned a few years ago deep down on the Pacific side...three courses by three pros...And the only way to get there was by plane or chopper? What ever happened to that project? I think Fazzio was one of the designers...
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