DR1 Travel News: New Golf Project in La Romana, La Estancia Golf Resort, ..

aegap

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Mar 19, 2005
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DR1 Travel News: New Golf Project in La Romana; La Estancia Golf Resort, ..

New golf project in La Romana[FONT=Verdana, Arial]
La Estancia Golf Resort is a brand new golf and tourism project in El Limon, La Romana. Cignal Corp of [Baltimore,] Maryland [(the United States' greatest state)] will be in charge of promoting the project to the US market. Coming for the announcement of the project were developers Armando Cignarale and Augusto Avanzini. The promoters announced that P.B. Dye would be designing the 18-hole golf course near the Chavon River. For the residential areas, Cignarale described the design as a combination of Spanish hacienda, California ranch and Mediterranean styles. The project also includes the construction of 1,600 hotel rooms distributed among the modern villas, condominiums and cabanas.
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EncoreFun

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Dec 23, 2005
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No Website yet

No Website yet for the project? And someone tried to tell me they are 80% sold out phase one?
 

aegap

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Mar 19, 2005
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This **** is for Real!

<TABLE class=contenidofacts id=table5 cellSpacing=0 cellPadding=0 width=250 border=0><TBODY><TR><TD vAlign=top colSpan=2>Initial Development:</TD></TR><TR><TD vAlign=top colSpan=2>
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</TD></TR><TR><TD vAlign=top width=10>? </TD><TD width=240>All 18 holes have been delineated and dredged</TD></TR><TR><TD vAlign=top>? </TD><TD>The first condominium building on third floor construction </TD></TR><TR><TD vAlign=top>? </TD><TD>The golf club is on second floor construction</TD></TR><TR><TD vAlign=top>? </TD><TD>All infrastructure is being taken to each home site </TD></TR><TR><TD vAlign=top>? </TD><TD>Private villas are currently under construction</TD></TR><TR><TD vAlign=top>? </TD><TD>Phase One town homes are currently under construction </TD></TR><TR><TD vAlign=top>? </TD><TD>The village shopping center is interviewing tenants </TD></TR></TBODY></TABLE>

<TABLE class=contenidofacts id=table5 cellSpacing=0 cellPadding=0 width=250 border=0><TBODY><TR><TD vAlign=top colSpan=2>Real Estate Investment Update:




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</TD></TR><TR><TD vAlign=top>?</TD><TD>Phase One has 600 home sites, of which 550 have sold</TD></TR><TR><TD vAlign=top>?</TD><TD>Phase Two is being offered to private developers</TD></TR><TR><TD vAlign=top colSpan=2>
Investment Opportunities:




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</TD></TR><TR><TD vAlign=top>?</TD><TD>Twelve 2-bedroom condos for $2.2 million</TD></TR><TR><TD vAlign=top>?</TD><TD>Five 4-bedroom villas for $2.4 million</TD></TR><TR><TD vAlign=top>?</TD><TD>Ten ? Acre home sites for $1.35 million</TD></TR><TR><TD vAlign=top colSpan=2>
La Estancia Partners / Team:




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</TD></TR><TR><TD vAlign=top>?</TD><TD>Cignal Corp, Inc.</TD></TR><TR><TD vAlign=top>?</TD><TD>Development Design Group, Inc.</TD></TR><TR><TD vAlign=top>?</TD><TD>P.B. Dye Golf Designs (1)</TD></TR><TR><TD vAlign=top>?</TD><TD>Scotia Bank</TD></TR><TR><TD vAlign=top>?</TD><TD>Arena Gorda Development</TD></TR><TR><TD vAlign=top>?</TD><TD>Tejemon Construction</TD></TR></TBODY></TABLE>
 
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aegap

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Mar 19, 2005
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These guys mean business!

Casa de Campo ain't no more the only game in town, ...

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