By Alexander Britell

La Collecion Resorts, best known for its large portfolio of properties in Mexico, is expanding in Punta Cana.

The brand’s parent company, Posadas, has announced plans to open its first Live Aqua-branded beach resort in Punta Cana.

The new Live Aqua Resort Punta Cana, which will be set on the northern coast of Uvero Alto in greater Punta Cana, is slated to make its debut in March 2020.

“We are very excited to bring the adults-only Live Aqua experience to the Dominican Republic,” explained Jose Carlos Azcárraga, CEO of Posadas, which is one of Mexico’s biggest hotel companies. “Every Live Aqua resort brings its unique character to the location it’s in, while always delivering on the signature elements our loyal guests have come to know and love. This property will be no different, offering a new experience for the millions of visitors the island welcomes every year.”

The resort will have a total of 345 suites across seven categories, from swim-up suites to ocean-view rooms, along with a select group of suites that will feature their own private plunge pools.

The hotel’s amenities will also include an infinity pool, a “Feel Harmony Spa,” a fitness center and seven dining concepts created by Mexican Chef Gerardo Rivera.

The property’s meeting space will span 10,000 square feet.

Posada’s La Collection Resorts has a total of 16 resort properties in both Mexico and the Dominican Republic.

This will be the first Live Aqua-branded resort in the Dominican Republic, yet another new project in what is easily the Caribbean’s hottest hotel development market, the product of a concerted push by Dominican tourism officials in recent years.

For more, visit La Coleccion.

— CJ

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By the Caribbean Journal staff

Grand Cayman will be soon be home to its first-ever “ecosmart” real estate community.

The new project is called Orchard Ecovillage, and the 21-acre master-planned community is set in Grand Cayman’s Lower Valley.

The project aims to be a live-work-play development, with a total of 162 one, two and three-bedroom residences, along with amenities like bike paths, lakes for kayaking and paddleboarding, pools, a yoga studio, a Montessori school and a co-working office spaces, among others.

Every unit will have high ceilings and a choice of designs, along with the option for upgrades to solar energy.

Developers said the project would also create water from the air using “hydro” panels, meaning residents can get fresh drinking water without having to buy single-use plastics.

It’s the latest addition to what is a booming real estate market in Cayman.

For more, visit Orchard Ecovillage.

— CJ

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By the Caribbean Journal staff

Global Ports Holding has formalized its partnership to create what may become the leading cruise port in the entire Caribbean in the heart of Nassau, The Bahamas.

GPH has signed a $250 million heads of agreement with the government of The Bahamas, with a plan to transform Nassau’s Prince George Wharf into “one of the great waterfront destinations of the world.”

The event means the official start of the project, which is billed as the biggest economic boost for the Bahamian cruise industry in 50 years.

The move comes after six months of negotiations between GPH, the world’s largest cruise port operator, and the government of The Bahamas.

 

GPH’s bid won the government’s cruise port redevelopment RFP process in February of this year.

 “Today’s signing is an extraordinary day for the Bahamian people and for the residents of New Providence,” said Prime Minister Dr. Hubert Minnis. “We are embarking on a quarter of a billion-dollar project to redevelop what will become the iconic, world-renowned and new Nassau Cruise Port.”

Under what is a 25-year operating concession agreement, GPH aims to bring up to 2 million more cruise passengers to Nassau every year, creating what the company says will be “thousands of direct and indirect new jobs.”

The ambitious project would mean a dramatic transformation of the capital’s waterfront, adding amenities like a major entertainment pavilion, a Junkanoo museum, and a walkable waterfront the company says would rival “any, anywhere.”

The Port of Nassau already welcomes around 4 million passengers every year.

“We are grateful for the support of the government and the people of The Bahamas and are delighted to serve as your partners in the redevelopment of your cruise port,” said Mehmet Kutman, Chairman of Global Ports Holding. “One of our ultimate goals for this project has always been to support the people of The Bahamas by enhancing the current tourism product through this project. This day marks the beginning of this process as we work together to create a venture that will become a long-standing, successful partnership for all. We look forward to helping you maintain this proudly Bahamian asset, which we pledge to take very good care of during our lease.”

The Nassau project adds to GPH’s existing Caribbean portfolio that includes ports in Havana and Antigua.

The project becomes the next chapter in what has become a full-fledged rebirth in Nassau, from Graycliff’s popular Heritage Village to the dramatic The Pointe project on Bay Street, with the latter home to the soon-to-debut Margaritaville resort and residences, itself a $250 million project.

— CJ

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