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Phoenix developer targets Loreto beachfront
http://www.bizjournals.com/phoenix/stories/2003/08/04/story4...
Mike Padgett
The Business Journal
A beachfront community in Baja, Mexico, on the Sea of Cortez is the next target of Valley businessman Jim Grogan, a luxury home builder who is teaming
with another prominent builder from Tucson and Canada and consultants in Mexico and Washington, D.C.
Grogan is chief executive of Loreto Bay Co., which is designing a community of 5,000 residences on the eastern shore of Baja California. Loreto Bay is
5 miles outside the community of Loreto, a fishing town of 12,000 residents. The site is about 300 miles north of Cabo San Lucas.
"This is an 8,000-acre development with a series of nine phases," Grogan said. "Phase one is right on the beach."
Housing options include $2 million beachfront homes; single-family courtyard homes starting at $150,000; three- and four-bedroom courtyard homes
priced between $200,000 and $650,000; live-work residential units in a town center; and condominiums.
The residences are not fractional ownership or time-share properties, but Grogan said his company will manage and rent the properties for the owners
when the homes are vacant. The western United States and British Columbia will be the company's first sales regions. The potential market includes
second-home and retirement buyers.
One 18-hole golf course exists today along the Sea of Cortez, and there are plans to add two more as the community develops. Loreto Bay officials have
been meeting with Troon Golf in Scottsdale about managing the future courses, said Tim Schantz, Troon Golf's executive vice president of acquisitions.
Construction of the first residences is to start in September with the first homes ready for delivery as early as first-quarter 2004. Financing for
the project will be arranged by Baja Developments LLC, a New York company formed by The Trust for Sustainable Development, a not-for-profit, federally
chartered land and community development corporation active in Canada and the United States.
The trust signed an agreement in July with Fonatur, the Mexican agency responsible for promoting national tourism, giving the trust control over the
development of about 8,000 acres in Loreto Bay. About 5,000 acres will be preserved for open space or recreational purposes.
Loreto Bay's infrastructure, including streets, sidewalks, water and wastewater systems, and telephone lines will be installed and maintained by
Fonatur for at least 25 years, according to the development agreement.
The agreement includes 350 home sites already fully serviced by utilities, streets and other infrastructure.
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capt. mike
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loreto bay
this is 1st class!!
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PabloS
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WELL, there goes the neighborhood 
[Edited on 8-19-2003 by PabloS]
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estrella de mar
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beanz
sounds like a scene right out of the Milagro Beanfield War ... it makes me sick:  where's the drinking water going to come from? where's the waste going to go to? how will those fish breed fast enough to keep up
with all those skinny-kneed sun burned sport fishermen?
it's amazing how we spread the American Dream as if it's been blessed by God. avarice and greed cloked in green grass and golf courses ... geeez
estrella de mar 
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Ski Baja
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Estrellas
You are definitely a shining star in my book!!
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Skeet/Loreto
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Remember "A Fool and His money is soon parted"
Anyone that gives these people $5,000 for a Position to buy a Lot should have his or Her Head examined.Skeet/Loreto
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Phil S
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Loreto Bay lot sales
Skeet. There were about 125 people who came down Thursday, and with 40 lots being offered, 38 were sold & two other buyers held out for choice of
lots in Phase II that will be held Feb. 15th. If this is a "scam" it certainly must be one of the most "slick" ones I've ever seen. Had a nice
breakfast visit this morning with Darlene Tait, who is in charge of marketing and she said the calling of names for those who will receive lots were
of much excitement & applause. Many of the buyers I'm told were purchasers of other projects they have done in Victoria. There are believers in David
Butterfield for sure!!!!
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Ski Baja
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And may you all rot in heck!
And may you all rot in Canada! Or Phoenix!
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capt. mike
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Hey people, why so sour on baja development??
If you don't want to buy...., then don't. If it busts, so what's new? if it succeeds, then some people will have a piece of a dream. Where's the harm?
A lot of Mexicans will get good work and pay. Ultimately there is a manafest destiny to build and develop raw land to support populations and growth.
Money is fluid, like water it can flood and can also dry up and even evaporate. As a general contractor and developer I have heard it all from the
naysayers, eco-N-zis, low growth-slow growth types and it seems a main tenet is "once i have mine, its now too crowded so it must stop" its killing
the earth.....blah blah blah....i say let the free market decide what's viable and what will succeed, along with the people who control the resources.
I love people who buy a home or a lot next to or close to an ALREADY EXISTING airport , and then b-tch long and loud about airport noise. Some nut is
trying to get the Scottsdale AZ airport closed, it employs 2000 people and has been around since the 50's! no one had to buy a home close to it - it
was free choice, they are free to move again too if they don't like what they got. So can baja buyers.
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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jerry
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time will tell
i agree captian mike time is the only way to tell if it flys or not
theres allway some good that will come out of any project hope fully the locals will get there part
just jerry
jerry and judi
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Skeet/Loreto
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Capt. Mike: Time will tell!!
If you had a chance to read my Posts you would see that "If" the development is not a "Scam" then it will benefit the Peopleof Loreto and the Indians
that come over to do the Work.\After going through the Escondido Deal with the French, The Presidente ,MacEnroe Golf Course, I see where the Good and
Bad follows.
The whole premise of my Post has been whether or not it is a Scam. Time will Tell in the meantime I would strongly suggest that people buy at Miramar
where ther neighbors would be Mexicanos. They would inprove there minds!! Instead of locking your family in a gated Community seek out the Mexicanos
and learn a new Culture. I am sure they would all be surpised.Skeet/Loreto
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Capt. George
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Capitan Jorge de Loreto
Living in town and loving it! Had a few drinks with some people involved in Nopolo...they?re very hopeful, not for me.
Will operate along the lines suggested by mi amigo Skeet.
Pressed for time right now, will get back with a report on trip across country and down Baja....We loved it...Have missed all you amigos, door will
always be open on Calle Davis...come for a Pacifico....
Our warmest regards, George & deborah
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Anonymous
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I for one am very hopeful...
I'm very glad to hear from Phil S that the meetings over the weekend were a success. AS a mother ot two very small kids, (and one was with the flu) I
didn't have the opportunity to go to El Camino Real this weekend. I'm glad Phil was able to investigate for me..
I do not believe that Loreto Bay is any scam. And Miramar? C'mon Skeet who is the target buyer here?...affluent, hard working, english speaking
folks that want a second home. They don't intend to learn the spanish language but want to be part of an exclusive enclave. So that is their choice
and it does not make them bad folks. These people would not even want to drive through Miramar they would hate it. (FYI: I live in Miramar.) It
seems that there's a bit of jealousy in your comments, and in those of some others here.
I live in Loreto full time, all year long, have a family, stepkids that go to school, little ones in nursery school, I speak spanish as well as
english and I see the state of the local economy. Loreto really needs this. More flights have already been announced as a result of this project.
Speak to every businessperson in here and you'll find that this is the exact kind of stimulation of tourism and the economy will save this place.
Remember this project has been in the works for over 25 years by FONATUR. So it is not a new concept. And isn't it better that the Trust for
Sustainable Development be in charge of Loreto's Nopolo project than FONATOUR? We've seen what FONATOUR can do. Like Gene Kira says "FONATUR builds
monoliths in the middle of nowhere, then abandons them".
The plan presented by Loreto Bay is a much better one than that which FONATUR had. Some long time residents have probably seen these plans floating
around....they were of out dated high rise hotels, in an Acapulco style megaresort kind of presentation. This is not, thank goodness, what Loreto Bay
has planned. And this is how I have convinced myself that this is a good thing for Loreto.
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flyfishinPam
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That last anonymous post was me
I forgot to sign in.
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Marie-Rose
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This is why this board is so great!!! Thanks to Pam, Skeet, Phil for all the info. My husband and I are anxious to spend some time and see for
ourselves.
Phil will send e-mail later.
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capt. mike
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well said Pam!! and Skeet, i understand
your point of view too.
I too feel some who want baja to remain an isolated natural wonder are jealous that perhaps they don't have the resources to invest in a 2nd get-a-way
or retirement home that is not cheap! i will be happy with my little trailer and palapa, but i will enjoy going over to wealthy friends' places to
visit and enjoy their good fortune!
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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Skeet/Loreto
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Pam! I knew it was you after the first line. and I think you words are well said from one side of the issue.
However that said:
If the very rich people will pay for getting the water into there with out taking it from the citzens of Loreto that will be fine.I feel very sorry
for those people who will go to Loreto and become Prisoners of their own selfesh interest. They will live there for 20 years and never meet "Alex" or
Ericka" on the dump picking up cans so that their family will have some Propane. This is the shame of this development and what it will bring.
Yes some of the people will benefit and that is one reason you always see me telling the TRuth about Loreto. In spite of those people coming into
Loreto to only enjoy its beauty and not even look at its People I say to them that they are the Losers.
Again I am not aginst the Development only concerned that it will not work- out.
I can understand why people would want to escape Victoria, one of the worst Toxi Waste Diasters in the World .Its Bay.
Can anyone think about the Smell of Loreto if this development does not do a sewage system in the proper manner.
I am gald I was able to live in Loreto for so many years and,learn to love its people as well as its beauty.
To each his own!!!Skeet/Loreto
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Ski Baja
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Alex and Erica
will end up on meth like the rest of the places development has happened so those rich folks won't be missing anything Skeet.
I'm getting the feeling that Baja, as we knew it is going to go the way of California and be gone before we know it.
I hope I am wrong. And I am amazed that any of you feel it is OK to develop the few remaining "wild" and most unique places left on the planet.
Why not do this in for one, your own country and for two, somewhere there is water and equipped to deal with a development of this size.
Shame on all of you that promote development for selfish reasons. And rather than trying to preserve the planet, you still feel it's OK to bribe
everyone to get your selfish ways. Developing the few remaining natural areas is stupid if you look at it from a human rather than a financial and
greed driven perspective.
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Skeet/Loreto
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J. R. Again I will take exception with your ideas about development.
Do not worry as if you run out of Isolation I can send you to some places that will never be developed.There are many places left in Baja Sur!!!
We all need to Hope for the future that we may find the solutions to our problems that will gives all a chance of a good life!
Wouls it not be a shame if we all stayed the same as we are now,just look at our Hateful words toward other Posters and their ideas. I am guilty of
getting upset. We must try to be better people instead of living on the Negative side of Life. Skeet/Loreto
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jerry
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sorry jr your going way too far
off the wall your low blows are not ideals perhaps you should lighten up
just jerry
jerry and judi
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