U.S. Firms Developing in Costa Rica
October 25, 2006
By Katie Gerfen
This morning, the Fort Meyers, Fla.-based Jack Parker Corp. announced plans to develop a mixed-use community in Playas del Coco, Costa Rica. The project, called Pacifico (pictured), will feature a gated residential community and adjacent commercial center and will be located on 175 acres along the country's northwest coast.
The residential community will include 350 condominiums, town homes and villas, and 150 single-family home sites. 20 rental apartments will also be available. Residents will also have membership at a beach club also planned for the site.
The Jack Parker Corp. is a privately owned real estate development company that has been practicing for over 50 years. With offices in New York, California and Florida, the company has been involved in high profile residential developments as well as hotels and other commercial projects.
It was also announced today that just down the coast, in Golfito, nestled in the Golfe Dolce Bay, the Bahia Escondida development has officially begun construction. Great American Capital, the Las Vegas-based development company behind the successful project, announced that the site clearing process has begun for the first phase of the $350 million project, which includes 75 condominiums, retail, a spa, yacht club and marina.
Groundbreaking on the first of the structures is set for December, and the marina, featuring 86 slips, is expected to open by the end of next year. More construction phases will follow, and the development will eventually include waterfront residences, 217 slips and 400 hotel and condo units.
From Commercial Property News
http://www.cpnonline.com/cpn/property_type/article_display.jsp?vnu_content_id=1003314916
1 Comments:
Sounds like U.S. imperialism at its best, now just sit back and watch the money roll in from the exploitation. But hey, what are deluded American old farts to do when they're bored and need to sit in a gated community in Costa Rica and drink, becasue lord knows they don't give a shot about the Costa Rica's actual cuture, otherwise they wouldn't move to these gringo-disneyland islands.
Don't buy the marketing!
Preserve Costa Rica and don't turn it into Florida!
-Costa Rica citizen
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