Playa Grande Project

william webster

Platinum
Jan 16, 2009
30,247
4,330
113
Understand that there are two situations here - two different aspects to the property.

1/
The Aman Hotel - Amanera
They are hotel operators... like Four Seasons.... hotel management.

2/
The remaining land/acreage.... about 2500 acres which includes the golf course

Amanera was the most successful opening that the Aman Group has ever had - defying my prediction !
It continues to have good occupancy

Golf courses per se are rarely money makers buy can be useful tools in property development and offering visibility to a project.
The acreage here is significant for development..... multi-use residential.....
There is room for any amenity you may wan
Little to nothing has been said about tennis, which exists there.....name your wish as to what may happen in the future.

Look at the Discovery Land website.... Baker's Bay in particular in the Bahamas
In all there are about 20 properties in the portfolio....Yellowstone , a ski resort is another (with Bill Gates an owner)

Discovery Land is the developer... the sales and publicity engine.... they have a big Rolodex.
As importantly, they have strong financial backing.

As to making money - that cannot happen until land sales start.
Land sales need the golf course as a lure ( or allure, if you prefer ) haha

Cart and donkey sequence.... before the pony show begins.
 

JD Jones

Moderator:North Coast,Santo Domingo,SW Coast,Covid
Jan 7, 2016
11,906
8,298
113

The Discovery Land Co. has some serious moolah behind them, that's for sure.

I remember when I was working in Cabrera and met a guy that was down for a week. One night he was bragging about having so much money that no matter what he bought, the next day he'd have more money than he did the day before.


And yet all he was doing was trying to buy pills in the local pharmacy and getting ridiculously drunk every night.
 

william webster

Platinum
Jan 16, 2009
30,247
4,330
113

That's the 2nd time he's opened it...

First was the start of the hotel build - when Dolphin owned it.

The sequence-
Boykin Curry sells to Dolphin (Greek company) but retains a significant amount of land

Dolphin builds for and rents to the Aman Hotel Group...
Aman is a hotel operator - like Four Seasons ( they rarely own but manage resorts/hotels)

Dolphin sells to Third Point (look up Dan Loeb)
Third Point appoints DiscoveryLand as the developer /sales arm (that's their MO too, as in 4 Seasons/Aman)

And here we are again - starting all over......

DiscoveryLand has a Rolodex..... they have people to call...

3rd Point - Dan Loeb just finished a little dustup w/ Campbell Soup.....
a successful dustup.....

Wm Ackman is a player in the project....

Quite a group..........
 

JD Jones

Moderator:North Coast,Santo Domingo,SW Coast,Covid
Jan 7, 2016
11,906
8,298
113
That's the 2nd time he's opened it...

First was the start of the hotel build - when Dolphin owned it.

The sequence-
Boykin Curry sells to Dolphin (Greek company) but retains a significant amount of land

Dolphin builds for and rents to the Aman Hotel Group...
Aman is a hotel operator - like Four Seasons ( they rarely own but manage resorts/hotels)

Dolphin sells to Third Point (look up Dan Loeb)
Third Point appoints DiscoveryLand as the developer /sales arm (that's their MO too, as in 4 Seasons/Aman)

And here we are again - starting all over......

DiscoveryLand has a Rolodex..... they have people to call...

3rd Point - Dan Loeb just finished a little dustup w/ Campbell Soup.....
a successful dustup.....

Wm Ackman is a player in the project....

Quite a group..........

So, Boykin still has his chunk? That could be some serious change now.
 

william webster

Platinum
Jan 16, 2009
30,247
4,330
113
some nice shoreline property... and the other Beach Club (for now)

He bought the original deal for debt only... took the RD gov't off the hook
cashed out nicely.... selling just part !!
 

JD Jones

Moderator:North Coast,Santo Domingo,SW Coast,Covid
Jan 7, 2016
11,906
8,298
113
some nice shoreline property... and the other Beach Club (for now)

He bought the original deal for debt only... took the RD gov't off the hook
cashed out nicely.... selling just part !!

Takes money to make money.
 

SKY

Gold
Apr 11, 2004
13,509
3,637
113
more like $2000/nite

golf extra


Amanera
Rio San Juan Dominican RepublicPhone: (65) 6715 8855

US Dollars

English - US

Back Checkout
Your stay: Friday, March 08, 2019 - Saturday, March 09, 2019
Guests
2 Adults
Total Rate: 4,224
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Guest Information
 

william webster

Platinum
Jan 16, 2009
30,247
4,330
113
Varies by season.. ???
high season now

One thing certain....
It ain't for me

Try the 2 Bdrm.... it'll be more !!
 

SKY

Gold
Apr 11, 2004
13,509
3,637
113
Michael Jordan vacations in Dominican Republic
Basketball legend Michael Jordan landed in the Samaná international airport on Sunday, 17 March 2019 for a vacation on the north coast. There is speculation he was booked for a stay at the Amanera Playa Grande, the most expensive resort in the country that is located in the Playa Grande, in the Cabrera, Rio San Juan beach area of María Trinidad Sánchez.

As reported, Jordan arrived flew into the El Catey International Airport of Samaná, an approximately one hour and 15 minutes drive to the Amanera resort that is around 75 km west of the airport.

A video circulating on social media showed Jordan arriving on the jet with his child. Reportedly, he flew in on his Gulfstream G550 that is decorated in the Jordan brand style. Jordan is regarded as the highest-paid athlete of all times. His main source of revenues today his is lucrative endorsement deal with Nike, that reportedly garners him approximately US$100 million a year.

Also JB Holmes was there playing the course after he won the tournament in Calif. And Ricky Fowler will be spending time there soon.

High end lots are going for $5,000,000 to $10,000,000 US. They won't be closing anytime soon.
 

william webster

Platinum
Jan 16, 2009
30,247
4,330
113
I am pretty sure he wouldn't have endured the 1 hr 15 minute drive...

most of them helicopter in ... over my house !!!

True --JBHolmes & Fowler
 

SKY

Gold
Apr 11, 2004
13,509
3,637
113
About 5 years ago Jordan would play Fowler and get 7 strokes for 30K a round in Palm Beach, Florida.