Legal problems killed it.
The legal dispute between the investors, including some from Venezuela, and Group Metro, the construction company, for the Costa Blanca project in San Pedro de Macorís likely resulted in the project's abandonment. Started in 2008 and expected to finish by 2011, the project faced issues when Group Metro allegedly breached the contract, leading investors to file a legal complaint. However, the specific outcome of this dispute isn't publicly detailed in available records, and the project remains abandoned, with around 52 incomplete houses near Playa Marota. An unexpected detail is that the developers included Venezuelan investors, reflecting broader international investment in Dominican real estate, which may have complicated the legal proceedings.
Background
Costa Blanca, also known as Costa Blanca by Metro, was a luxury residential development aiming to include villas, condominios, and a PGA golf course designed by Greg Norman. The dispute arose due to construction delays and unmet obligations, halting progress around 2011.
Legal Dispute Details
The investors claimed Group Metro failed to fulfill the contract, leading to legal action. While the exact court decisions or settlements aren't widely reported, the project's abandonment suggests the dispute wasn't resolved in a way that allowed completion.
Current Status
As of March 2025, the site is still abandoned, with structures in decay, indicating the legal efforts didn't revive the project. For more details, check Noticias Villa Riva.
The legal dispute between the investors, including some from Venezuela, and Group Metro, the construction company, for the Costa Blanca project in San Pedro de Macorís likely resulted in the project's abandonment. Started in 2008 and expected to finish by 2011, the project faced issues when Group Metro allegedly breached the contract, leading investors to file a legal complaint. However, the specific outcome of this dispute isn't publicly detailed in available records, and the project remains abandoned, with around 52 incomplete houses near Playa Marota. An unexpected detail is that the developers included Venezuelan investors, reflecting broader international investment in Dominican real estate, which may have complicated the legal proceedings.
Background
Costa Blanca, also known as Costa Blanca by Metro, was a luxury residential development aiming to include villas, condominios, and a PGA golf course designed by Greg Norman. The dispute arose due to construction delays and unmet obligations, halting progress around 2011.
Legal Dispute Details
The investors claimed Group Metro failed to fulfill the contract, leading to legal action. While the exact court decisions or settlements aren't widely reported, the project's abandonment suggests the dispute wasn't resolved in a way that allowed completion.
Current Status
As of March 2025, the site is still abandoned, with structures in decay, indicating the legal efforts didn't revive the project. For more details, check Noticias Villa Riva.