I live in that area and there are all sorts of rumors flying around at the moment. I haven't heard anything about Breezes or Coconut Palms, but I have heard that there is a rumored development of the abandoned hotel by Encuentro that was supposedly financed with Canadian police force pension money.
There are also rumors that there will be a large development for the whole of Encuentro beach. Hotels, condos and even a plaza. The people behind Ocean Dream, Ocean One and Millennium are supposedly behind it.