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Article: New residential, tourism destination on Baja Peninsula in full swing.(Advertising Supplement)(Loreto Bay Company)
- Article from:
- San Diego Business Journal
- Article date:
- September 27, 2004
CopyrightCOPYRIGHT 2004 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Loreto Bay Company, in partnership with FONATUR, Mexico's tourism development agency, is developing The Villages of Loreto Bay, an authentic Mexican seaside community in Baja California Sur.
The location, approximately 200 miles north of La Paz, was identified by FONATUR 25 years ago as a prime tourism destination. In the years since, FONATUR has developed Cancun, Los Cabos, Ixtapa-Zihuatenejo and Huatulco. Now it is Loreto's turn.
A Natural Community
The $3 billion project will be built over 15 years. Plans call for a mixed used development featuring approximately 6,000 homes, resort hotels, golf clubs, Beach Club, spas, plus service and ...