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Skeet/Loreto
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There were several who stayed and became part of the Community and when I talked to them a couple of months ageo, all were doing well and now have
Grandchildren in Loreto.
The same will happen with the workers brought in for the Villages Scam.
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bajajudy
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From today's Tribunal
Hoy reabrirá sus puertas el complejo Loreto Bay
Por gestiones de NAM Foantur asumirá la operación y administración del desarrollo en tanto se promueve su venta A solicitud el gobernador Narciso
Agúndez Montaño, la Dirección nacional el Fondo Nacional de Turismo (Fonatur) asumirá a partir de este lunes la operación y administración del hotel
Loreto Inn y del campo de golf que forman parte el complejo turístico Loreto Bay, luego de que la empresa desarrolladora TDS Loreto partners se
declarara en quiebra y procediera a su cierre y despido de más de 400 trabajadores; esto en tanto se promueve su venta ante empresarios nacionales o
de la región con el fin de garantizar la reactivación de este proyecto inmobiliario y turístico. El gobernador Narciso Agúndez sostuvo una reunión cn
el director General de Fonatur Miguel Gómez Mont, en donde el jefe del Ejecutivo estatal dejó en claro que el Gobierno del Estado no permitirá el
retroceso de Loreto como destino turístico, y por ello anunció que una vez garantizada la operación el hotel y del campo de golf, en el mes de julio
se reanudará también el vuelo Ciudad de México-Loreto-San Diego, a través de Aeromexico con el fin e incrementar el flujo de turista tanto del
interior del país como el sur de California hacia este destino. Explicó que el compromiso de Fonatur es mediar con banamex city group para acelerar el
proceso de venta del Hotel, Campo de Golf y zona residencial que forman parte del complejo Loreto Bay privilegiando a empresarios de la región, del
país y como última opción del extranjero. “Lo más importante de todo esto es que el hotel reiniciará operaciones este lunes y que se resuelve el
problema y la preocupación que había generado el cierre del campo de golf, ya que si éste no recibe el mantenimiento necesario prácticamente se pierde
e menos de un mes. El campo de golf es un atractivo importante en Loreto y su pérdida sería un duro golpe del que difícilmente se recuperaría este
destino turístico”, sostuvo el jefe del Ejecutivo estatal. El gobernador Narciso Agúndez reconoció que el despegue de Loreto como destino turístico ha
sido difícil, principalmente por la crisis financiera internacional y nacional, factores como la influenza humana y el cierre de vuelos hacia el
interior el país y la costa Oeste de Estados Unidos, a lo que se suma el quiebre de Fadesa y la suspensión del proyecto de Loreto Paraíso, y ahora el
cierre de Loreto Bay bajo la administración de TDS Loreto partners, filial de city group. No obstante, reiteró que los loretanos no están solos en su
esfuerzo por que Loreto alcance un mayor desarrollo a través del turismo, por lo que está garantizado el reinicio del vuelo Ciudad de
México-Loreto-San Diego, una agresiva campaña de promoción de sus atractivos y servicios en segmentos de mercado bien definidos y al mismo tiempo la
apertura de una nueva terminal aeroportuaria, más funcional y acorde a la imagen que se quiere proyectar. “A el Gobierno del Estado le preocupaba el
cierre del Campo de Golf y del hotel Loreto INN. Este problema ya está resuelto según nos informa el director del Fonatur Miguel Gómez Mont”, subrayó
el gobernador Agúndez quien de igual forma admitió que el reto será ahora reactivar la parte del negocio residencial e inmobiliario de Loreto Bay para
recuperar los empleos ´perdidos con la suspensión de los procesos de construcción y mantenimiento de residencias, condominios y zona comercial.
Asimismo, aseguró que el Gobierno del Estado mantendrá la inversión en infraestructura y n el mejoramiento de la imagen urbana de Loreto con el fin de
seguir generando las condiciones para su desarrollo turístico. Advirtió que a través de las instancias de competencia laboral, el Gobierno el Estado
estará atento a los procesos de liquidación de los empleados que eran parte de la construcción de las residencias y zona comercial del proyecto de
Loreto Bay y que en su mayoría provienen del interior del país, por ser contratados y traídos al estado por constructoras que mantenían relación con
TDS Loreto 0artners.
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bajajudy
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sloppy translation
I dont have the time right now to do this justice but here is kinda what the above says
For administrations of NAM Foantur it will assume the operation and administration of the development as long as their sale is promoted TO application
governor Narciso Agúndez Montaño, the national Address the National Fund of Tourism (Fonatur) it will assume starting from this Monday the operation
and administration of the hotel Loreto Inn and of the golf field that you/they are part the tourist complex Loreto Bay, after the company
desarrolladora TDS Loreto partners was declared in crash and it proceeded to its closing and discharge of more than 400 workers; this as long as their
sale is promoted before national managers or of the region with the purpose of guaranteeing the reactivación of this real state and tourist project.
Governor Narciso Agúndez sustained a meeting cn the General director of Fonatur Miguel Gómez Mont where the state Executive's boss left in undoubtedly
the State government won't allow the setback of Loreto like tourist destination, and for she/he announced it that once guaranteed the operation the
hotel and of the golf field, in the month of July it will also be renewed the flight City of Mexico-Loreto-San Diego, through Aeromexico with the end
and to increase the flow of so much tourist of the interior of the country like the south of California toward this destination. She/he explained that
the commitment of Fonatur is to mediate with banamex city group to accelerate the process of sale of the Hotel, Field of Golf and residential area
that are part of the complex Loreto Bay privileging managers of the region, of the country and as the foreigner's last option. “The most important
thing of all this is that the hotel will restart operations this Monday and that she/he is solved the problem and the concern that it had generated
the closing of the golf field, since if this doesn't receive the necessary maintenance practically she/he gets lost and less than one month. The golf
field is an important attractiveness in Loreto and its loss would be a hard blow of the one that difficultly would recover this tourist destination”,
the state Executive's boss sustained. Governor Narciso Agúndez recognized that the take off of Loreto like tourist destination has been difficult,
mainly for the international and national financial crisis, factors like the human influenza and the closing of flights toward the interior the
country and the coast West of United States, to what sinks the one break of Fadesa and the suspension of Loreto Paradise's project, and now Loreto Bay
closing under the administration of TDS Loreto partners, branch of city group. Nevertheless, it reiterated that the loretanos is not alone in their
effort for that Loreto reaches a bigger development through the tourism, for what is guaranteed the I restart of the flight City of Mexico-Loreto-San
Diego, an aggressive campaign of promotion of their attractiveness and services in very defined market segments and at the same time the opening of a
new terminal aeroportuaria, more functional and chord to the image that she/he wants to be projected. “The closing of the Field of Golf worried to the
State government and of the hotel Loreto INN. This problem is already resolved as the director of the Fonatur informs us Miguel Gómez Mont”, governor
Agúndez underlined who forms of equal it admitted that the challenge will be now to reactivate the part of Loreto Bay residential and real state
business to recover the employments ´perdidos with the suspension of the construction processes and maintenance of residences, condominiums and
commercial area. Also, it assured that the State government will maintain the investment in infrastructure and n the improvement of the urban image of
Loreto with the purpose of continuing generating the conditions for its tourist development. She/he noticed that through the instances of labor
competition, the Government the State will be attentive to the processes of the employees' liquidation that were part of the construction of the
residences and commercial area of Loreto Bay project and that in its majority they come from the interior of the country, to be hired and brought to
the state by manufacturers that maintained relationship with TDS Loreto 0artners.
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Martyman
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| Quote: | | Also George Bush the first paid a visit as well as Ford Motor company. and dancin every Friday nite,Also the Gay hoars were brought in from La Paz
and the Medics were swamped with problems until one day the local and Feds gave all the "Gays" 48 Hours to leave Loreto, Skeet
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I was wondering who George stayed with...
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Bajahowodd
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Talk about tickling old memories. I had forgotten all that hoopla almost 25 years ago.
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camador
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As bajajudy said, there are some good news for Loreto's people, FONATUR will take care of the golf course and the inn at loreto bay hotel, here is the
full note http://www.radarpolitico.com/2009/06/15/asumira-fonatur-oper...
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vandenberg
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On the Loreto Silver Stark site:
.Home > Loreto Baja > Loreto Bay > Breaking news: Inn at Loreto Bay to possibly re-open under FONATUR control
Breaking news: Inn at Loreto Bay to possibly re-open under FONATUR control
by Clinton Stark on Monday, June 15, 2009Leave a Comment.An article today in the Tribuna de Los Cabos indicates that the Inn at Loreto Bay will
re-open, just days after shutting down last week due to TSD Loreto Partners ceasing operation. The governor Narciso Agundez Montano made the request
to the director general, Miguel Gomez Mont, at FONATUR.
Some other highlights from the article:
■The golf course will also re-open today
■TSD Loreto Partners has declared bankruptcy
■AeroMexico will resume flights in July
■The move is purported to help accelerate the sale of the Inn, golf course and Loreto Bay development
■The new Loreto (LTO) airport terminal may also be opening at the same time
“Most important of all this it is that the hotel will re-initiate operations this Monday and that the problem is solved and the preoccupation that had
generated the closing of the golf course, since if this one practically does not receive the necessary maintenance it loses and a month less than. The
golf course is attractive an important one in Loreto and its loss would be a hard blow that hardly would recover this tourist destiny”, maintained the
head of the state Executive. (note: transalated from Spanish)
This makes a lot of sense if the story turns out to be true. The Mexican government should step-up wherever possible to restore the tarnished image of
Mexico as a tourist destination. Recent events such as the Swine Flu and the on-going drug wars have not helped the country whose economy relies so
heavily on tourism and direct foreign investment.
Further, recently failed projects such as the port development in Puerto Escondido can quickly de-generate into eye sores, and reminders of the
challenges of successfully building in the Loreto and Nopolo regions.
Early reports from the ground in Loreto, Baja California Sur, however, still suggest no activity is taking place and that the Inn is still closed.
[Source: Tribuna de Los Cabos]
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arrowhead
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| Quote: | Originally posted by bajajudy
Hoy reabrirá sus puertas el complejo Loreto Bay. |
Well, the article says that the government is stepping in to keep the Hotel and Golf Course operating while they try to find a buyer to take over the
Hotel, Golf Course and home development. It says if the golf course is not maintained, it will turn to crap in a month. The actions are being taken to
keep the flow of tourists coming to Loreto. Their concern is for the flow of tourist dollars into the Loreto economy.
They are doing nothing for the homeowners who paid for homes that were not delivered. There is nothing in the article that gives even one iota of hope
to the homebuyers who are sucking air.
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bajabeachbabe
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| Quote: |
They are doing nothing for the homeowners who paid for homes that were not delivered. There is nothing in the article that gives even one iota of hope
to the homebuyers who are sucking air. |
The homeowners have a very limited time to take their destiny into their own hands. Per the update from The Construction Coach on the link below,
they have until Friday to get contracts set up with the contractors currently on site before they fold up and leave.
http://www.tccloreto.com/TCC_Update__15_-_13June09.pdf
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Cypress
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Shouldn't be hard to keep that little dinky golf course going, What is it? Maybe 2.5 acres?
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Pollen
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Evidently Agua Vida is just really a flavor of Kool-Aid they were all drinking.
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arrowhead
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| Quote: | Originally posted by bajabeachbabe
The homeowners have a very limited time to take their destiny into their own hands. Per the update from The Construction Coach on the link below,
they have until Friday to get contracts set up with the contractors currently on site before they fold up and leave.
http://www.tccloreto.com/TCC_Update__15_-_13June09.pdf |
That letter is an absolute fraud being foisted on those poor homebuyers. Citigroup has the lien on all the assets. If the homebuyers continue to fund
construction, all they are doing is improving the value of Citigroup's collateral. Unless there is a firm written committment from Citigroup to
release each home from all its liens, along with the release from all the contractors, this proposal is nada.
Boy, I hope those buyers have a lawyer.
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longhairedbeatnik
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Its a scam
No homeowner should finish their home until a release of the collective debt is given to each and every one of them. Already my friend there has had
an email from someone wanting to take over the duties of the HOA and please send a check asap or else. The fraud squad has lined up and the lines in
the sand are drawn.
What BS. Sign up with a new contractor or what, the workers will go away? Its is such crap. Not one of these homeowners has anything until the debt
on the whole project is assigned to someone other than them.
Let the places sit a couple of months until the slimey leftover people from Loreto Bay and their subs have been flushed from the area.
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vandenberg
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This afternoon's update according to Stark Silver Creek site regarding the hotel and golfcourse reopening.
(UPDATE @ 2:34pm pacific: additional sources suggest this may not be happening as reported by The Tribuna de Los Cabos, and could possibly be
politically motivated. Others are speculating the Inn will re-open, but it will take longer than originally reported. Stay tuned.)
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wilderone
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I hope they rename it Camino Real Loreto. Now that's shrewd - re-acquire the hotel and golf course in their improved condition and run it for profit
- it's about the only thing there that ever made money and ever can. I'll bet its severed from the LB sale package later with a huge pricetag
representing the bailout.
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capt. mike
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just a Q - curiosity.....
is there such a thing as bankruptcy or chapter filings for personal or biz in mexico?? - debt discharge etc.? restructuring protected, re
organizations, structured work outs and the like??
any abogados or those in the know here?
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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camador
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Today the state governor announced the application of resources to Baja California Sur 3 main destinations, Los Cabos, La Paz and Loreto.
http://www.radarpolitico.com/2009/06/16/ponen-en-marcha-camp...
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toneart
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This governor
means what he says. He came to Mulege after Hurricane John, met with the whole community; nationals, the business community and the gringos. He
assessed the situation, made promises and followed through. Improvements to the north side of the river road are ongoing.
I believe he will do what he can with whatever money he can shake loose. I have never seen a politician get so involved and then follow through.
Fonatur began construction at Napolo long before the Loreto Bay Project came in. You can see the houses they built as you enter from the highway. As I
read his intentions, he will keep up the maintenance and operate the hotel until another buyer comes in. Hang on. It will probably take awhile. It is
doubtful the government can rescue the homeowners that were left without a house they paid for.
Without going into detail, I have witnessed other developments that had left homeowners holding the bag. The best they could do was to hire
contractors to complete their homes. Yes, they had to come up with more money besides the money they had already paid and lost.
Band together as a community. Help each other.
There is not much recourse in Mexico.
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Woooosh
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A lot of this info was covered- but here's todays take from the Union Tribune:
http://www3.signonsandiego.com/stories/2009/jun/18/1b18loret...
Southern Baja resort project falls victim to financial woes
Government agency asks to take over struggling development
By Sandra Dibble, Union-Tribune Staff Writer
2:00 a.m. June 18, 2009
Like other tourist-oriented real estate projects on the Baja California peninsula, the planned 6,000-unit Loreto Bay development has struggled under
daunting market conditions. With fewer than 800 units sold, the Mexican development company TSD Loreto Partners this month announced the suspension of
construction and operations. Last week, the golf course and 155-room hotel were shuttered. But yesterday, Mexico's tourism development agency,
Fonatur, said it was asking for custody of both facilities so they could reopen while a buyer is sought for the project.
“The golf course is an important attraction in Loreto, and its loss would be a great blow, from which this tourist destination would not easily
recover,” Narciso Agúndez, governor of Baja California Sur, said in a statement Sunday after meeting in Mexico City with Fonatur Director Miguel Gómez
Montt.
Heavily marketed to U.S. and Canadian baby boomers, the Villages of Loreto Bay was launched in 2002 by an Arizona company as a series of
environmentally friendly seaside communities. For Fonatur, Loreto Bay was to be the cornerstone of a major tourist destination planned since the 1970s
in this picturesque desert community about 750 miles from San Diego.
Supporters of the Fonatur plan said it would bring much-needed development to Loreto, a town of 15,000 founded in 1697 as a Jesuit mission. For all
its beauty and rich history, the town offered few economic opportunities to local residents, they said.
But critics said the region lacks the water resources for a proposal that they said would bring in up to 220,000 residents. What no one foresaw was
the drastic drop in demand for vacation homes as the U.S. and Canadian economies suffered and credit grew tighter.
A 2005 study commissioned by the San Diego-based International Community Foundation stated that desalination is the only apparent option if Loreto
were to grow beyond 30,000 people. But desalination, it warned, could potentially damage ecosystems in the Loreto Bay National Marine Park.
In a four-sentence announcement sent to Loreto Bay homeowners June 6, TSD Loreto Partners, whose major lender is Citigroup Property Investors, stated
that “due to the challenging situation in the international real estate and financial markets, all operating and construction activities for Loreto
Bay will be suspended.”
Though several potential buyers have visited the project in recent months, the project “has been unable to secure a buyer or new investor,” the
statement said.
In the statement released Sunday, Agúndez pledged support for Loreto Bay, saying “Loretanos are not alone in their effort to make Loreto develop
through tourism.”
Agúndez announced that the Mexican airline Aeromexico next month will resume a San Diego-Loreto-Mexico City flight suspended in 2006, though
Aeromexico did not confirm the flights yesterday.
Agúndez said the suspension of operations at the project has led to the layoff of 400 workers. Because many are from mainland Mexico, that poses a
potential “social problem” for the local community, said Ramón Romero Amador, the municipality's secretary general.
In a telephone interview, he said the government has secured funds to send workers back to their home communities.
Still, he added, “there is much optimism and hope, and we believe that this project will continue.”
Pascal Pellegrino, president of Loreto's Hotel Association, said he supported the government's actions. The development, he said “needs to be sold
soon, so that it doesn't remain as an unfinished project.”
Pellegrino said Loreto needs growth, “but we must keep it on a human dimension. We want projects developed with the standards of conservation that are
applied around the world.”
Brian Durnian, a Napa Valley real estate agent, purchased a three-bedroom, two-bath adobe at Loreto Bay with his brother. With construction on the
$400,000 property finished three years ago, Durnian said he was not worried.
Durnian said that like many buyers, he was drawn to the region because it offered a slower pace than Cabo San Lucas, at the peninsula's southern tip.
“This is more planned growth. I love it down there.”
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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Bob and Susan
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we drove in monday morning...
trash men were picking up trash
water trucks were watering the trees
mowers were on the golf course
a guy was "playing" golf
sprinklers were wtering the grass
workers were building "stuff"
looked pretty busy for a "shut down" place
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