Grand Coral Riviera Maya
www.grandcoral.com.mx
Grand Coral Riviera Maya, is the largest in the state and is built on an area of 232 hectares. The idea is to make it into a private community with its own master plan and maximum security, so that it can only be accessed in a controlled way.
The first stage of development is the road infrastructure and installation of domestic services (electricity, water and drainage). The master plan lays its first foundations with the Mareazul development, the sale of which has started and which will have 300 apartments on a site of 13 hectares and 280 metres of beach frontage, with an investment of 80 million dollars. One of the super-luxurious boutique hotels will have 170 rooms and the smallest one 40.
The mega-development will have large areas surrounded by vegetation, following the strictest environmental protection standards, preserving more than 75% of the green areas and lakes.
The Spanish investment group is also constructing Torre Emerald and Residencial Miramar (formerly hotel Misión Miramar) in the Cancun hotel zone, which will have 106 apartments and 200 residential units respectively with an investment of 100 million dollars each.
This type of development will also take place at Los Cabos, where they have acquired two sites next to the sea, one of 900 hectares and the other of 400 hectares, with a total of five kilometres of beach.
Grupo Grand Coral started its activities in Quintana Roo in the second half of 2006 with three investments. Since 1989, its investments in the Spanish market are made through Bancaja Habitat.
A golf course designed by Nick Price will be built within the complex; this will be his first in Mexico. The course will be 7,200 yards long (approximately 6,600 metres) with 18 holes and 5 tees (the area on a golf course from where the player hits the ball for the first time on their way to each hole) so that the players can choose the point where they feel most comfortable, as Price himself explained.
www.grandcoral.com.mx
