- Thread starter chrisdr
- Start date
An adventure in DR
Your investment will pay off in the not too distant future!
The gov is investing millions of Dollars to bring about a profound change in the Zona Colonial by phases.
The sidewalk and street will be on the same level, with priority for the pedestrians about that of vehicles. The parking areas will be created, so that very limited street parking will be allowed in some streets.
The electric poles and cables will be removed and relocation of all that web will take place in another phase, which will include new street lights according to the Colonial Zone's theme selected.
The vehicles lane will be reduce to one only and the space will be afforded to biz in order to have seating facilities without blocking the pedestrians at any point of travel.
Aged Caribbean Blond stones, marble and pavers will be employed for the transitions from pedestrian areas to vehicle lane. All buildings will receive a new facing according to their built. Privately owned buildings in bad shape will be provided access to a fast track plan to facilitate their repairs.
No more derelict buildings in the Colonial Zone will be tolerated.
Live monitored cameras will be installed to cover the entire Colonial Zone with Police protection. The Colonial Zone will be a "safety" zone in its entirety under the new plan.
Your investment will pay off!
The gov is investing millions of Dollars to bring about a profound change in the Zona Colonial by phases.
The sidewalk and street will be on the same level, with priority for the pedestrians about that of vehicles. The parking areas will be created, so that very limited street parking will be allowed in some streets.
The electric poles and cables will be removed and relocation of all that web will take place in another phase, which will include new street lights according to the Colonial Zone's theme selected.
The vehicles lane will be reduce to one only and the space will be afforded to biz in order to have seating facilities without blocking the pedestrians at any point of travel.
Aged Caribbean Blond stones, marble and pavers will be employed for the transitions from pedestrian areas to vehicle lane. All buildings will receive a new facing according to their built. Privately owned buildings in bad shape will be provided access to a fast track plan to facilitate their repairs.
No more derelict buildings in the Colonial Zone will be tolerated.
Live monitored cameras will be installed to cover the entire Colonial Zone with Police protection. The Colonial Zone will be a "safety" zone in its entirety under the new plan.
Your investment will pay off!
@ Pichardo - Ya' know you did not have to destroy this guy's wonderful thread with your stuff, a new thread would have been a little more considerate.
The entire Colonial Zone's pedestrian paths will be put under the care of Politur. No vagrants, no beggars, no non-sense.
The upkeep of buildings after all renovation and works is performed, will fall into a new set of regulation and norms to be applied to the entire area. Those that fail to upkeep will face stiff penalties and could induce a "Forced-Sale Desalojo" of property in question. The type of biz allowed will also be regulated within the area, with many existing biz types being "asked" to be relocated or "changed" to meet the new regulations.
In the end, the new regulation and norms to the area will benefit the property owners greatly, unlike today. Add to that the future expansion of the SD Metro to the Colonial Zone and the traffic of pedestrians will increase vastly. The newly rebuilt Sea port of Zona Colonial will host a larger number of cruise ships, with many more tourists flocking to the area unlike today.
That was in essence the intent behind the Coral Hwy and road to Samana, to link the Punta Cana/La Romana/Samana/etc... Areas to SD in a short time of travel. Fast, safely and enticing to the eyes.
The Colonial Zone will be made the center piece of tourism to the DR. The expansion of the SD Metro will also serve to link the major shopping areas in the city to the tourists, all in mere minutes. Safely, fast, secured and very enticing to the eyes.
Tourists will be offered a special one day unlimited travel card for the SD Metro and feeder bus system. Also there will be a special tourist aimed bus service in a loop, which will link not only the Colonial Zone to the ports and major hotels, but to the natural caves, Faro a Colon and other point of interests in the area. Taking a page from history, the oldest ingenios will also be made part of the tours. The Ron, cigar and other factories, etc...
The DR will tap some of the potential that has lingered unused for son long when it comes to tourism in the country. And that's just the Santo Domingo's city area, not to mention what's in store for Sans Souci, Samana, Barahona, Puerto Plata, etc...
The Colonial Zone will change for the better, much better than today. For those that invested like our DR1 member OP in this thread, the rewards will be greater the more time chugs along.
That's why people still don't get that RE prices in the DR are very cheap! Foreigners with the cash on hand are seizing up these great deals, looking to make them pay off long term. Take Anacaona Ave towers for example. People in general think they are over-priced and saturated in the market. They are right for the two, but only when looking at the internal and local demand market alone on each of the cases.
High-end RE is never aimed to satisfy to local demand, more so in a highly tourist-services rendered country like the DR in the Caribbean.
What looks super over priced to you today in the RE Market, will be seem as the best deals ever had ten years down the road to those that put the money down and seizing them up.
Order will be inevitable to come and be in the DR. The electric situation will be a thing of the past once the political back gets broken, to make way for the real solution. The Police force itself is ever evolving, and will surely fall into place with others in the Western Hemisphere's developed nations.
One after the other, order will be set and established in a way that corruption will be rendered ineffective to fight against it.
The Zona Colonial will become a very, very, very expensive and hard to get into RE area down the road. And for the same token, it will also become a highly
attractive ROI area.
And exactly how was that ever done, as according to you?
In fact, the OP's thread and the data I added are one and the same when it comes to the interests and overall outlook for the project.
It was his personal thread/blog, yes you "enhanced it", but did you ask him if it was OK to make his thread your personal RD Government poster child like your other Blue Mall threads?
It's great information, just inconsiderate of the OP.
So now we need permissions to post about the very same things other posters put on their open threads on DR1????
And no, it's far from inconsiderate of the OP!
Geez Louise!
Its fine with me - the whole point of the thread is the restoration of a Colonial property - although it would not have killed you Prichardo to put the links for the photos all in one thread! lol
I agree with a lot of your comments, I reckon I bought just at the right time - a year earlier would have been even better but it only looks like its going up. Its already very difficult to find a good deal in the zone - it took me just over a year of searching and by searching I mean walking down EVERY street in the zone at least once a week. I cant wait to see some of the finished work although I am hoping they dont close off the streets for that long.
I am interested about what they plan to do with the front of privately owned buildings that are in need of repair... do they pay to fix them up? if so I might wait for them to do mine! ha
I agree with a lot of your comments, I reckon I bought just at the right time - a year earlier would have been even better but it only looks like its going up. Its already very difficult to find a good deal in the zone - it took me just over a year of searching and by searching I mean walking down EVERY street in the zone at least once a week. I cant wait to see some of the finished work although I am hoping they dont close off the streets for that long.
I am interested about what they plan to do with the front of privately owned buildings that are in need of repair... do they pay to fix them up? if so I might wait for them to do mine! ha
The RE value in the Colonial Zone will more than double or triple after the implementation of the programs as planned. The owners for the most part are aware of some of those changes already.
Streets where work is carried out will be shut down to traffic for a few months at a time. No workaround on that issue. It must be gutted in order to carry out the works. That's why they are concentrating first in some of the buildings that need extensive repairs now, in order to create the least convenience once that street work is carried out later. You made a very good deal in time. Nothing to be sorry about for the long term!
Those buildings that their facades need serious work already are being inventoried and their owners will be contacted by the UNESCO-DR Gov outfit in charge of the renovation works. The gov will not help them financially to repair, but when it comes to red tape and guidance to fit the Colonial theme.
Those buildings that fail to heed the notice and need repairs could and will receive pending "Interes Publico" warnings. If a property owner shows little interest to take care of the problems, the gov will step in and create the means to claim the tittle under a special public interest order. Then the gov will place the property for sale with the mandate that the new bidding owner fixes the property within an allotted time frame. The property value as appraise during the claim title will then be refunded to the last tittle holder and the difference deposited in a special public fund for the upkeep of the Colonia Zone being created.
Others that only need some cosmetics fixes will see some building inspections carried out along warnings and many, many fines... Until the minor details are taken care of.
Some Colonial buildings are virtually crumbling to the ground, as their owners sit and wait for ages. That will be addressed strongly by the gov.
It will change a lot in the coming years. Keep in mind that in the next extension phase of the SD Metro, the Colonial Zone is slated to get linked with Line 2 and 1. Making it a lot easier to access the zone from any point in the city, most notably by mass transit and not private cars.
The Zona Colonial is programmed to become the center piece of tourism for the DR. A very attractive place to visit full of history. There's a lot of work to be covered until then, but it's a least being done now, unlike all the talk and nothing to show from before.
There's a group of investors already planning to have a copy of each of the Santa Maria, La Pinta and La Nina, built and placed for tours in the proximity of the Colonial Zone for tourists to visit and experience what the ships looked like then. They have a plan to recreate the voyage of Colon to SD with limited capacity of passengers on the trip, in order to inaugurate the attraction in SD.
There's also a plan to recover the lost wall that once wrapped all around the Colonial Zone. The idea is to create a city within a city. It's to be designated as Santo Domingo Colonial.
Your investment will pay off very good long term. Above and beyond whatever you dreamed about before or whilst you bring your ideas to fruition.