What's the trend in Cabarete

[DavidZ]

Encuentro Beach is a beautiful area, prime for development....but hopefully it won't get over-developed to the point of ruining the surf break or the overall "vibe" of the area...

[windeguy]

From the photo in the Nikki Beach prospectus, it looks like they might be taking over the beach front that surfers currently use. Can anyone more familiar with that location tell us if that is the case?

The photo I am talking about is on page 21 of their prospectus located at

http://www.conexions.us/images/resou...nrepublic2.pdf

[Abuela]

Here are more details of the project.
Horizen Global Real Estate Development - Cabarete Resort

[DavidZ]

Originally Posted by Abuela

Here are more details of the project.
Horizen Global Real Estate Development - Cabarete Resort

That is a different project on the opposite end of Cabarete...it is located next to the restaurant Embocca.

[DavidZ]

Originally Posted by windeguy

From the photo in the Nikki Beach prospectus, it looks like they might be taking over the beach front that surfers currently use. Can anyone more familiar with that location tell us if that is the case?

The photo I am talking about is on page 21 of their prospectus located at

http://www.conexions.us/images/resou...nrepublic2.pdf

It is on the western side of the area where surfers, um....surf. There have been many plans for that area over the years....most of which have not gone over well with the area's water sports community.

[DMLVT]

Originally Posted by DavidZ

That is a different project on the opposite end of Cabarete...it is located next to the restaurant Embocca.

Is this a different project or is it the Nikki Beach Project. I'm confused. Is there going to be a project on the Ecuentro Beach?

[aegap]

Originally Posted by Abuela
Here are more details of the project.
Horizen Global Real Estate Development - Cabarete Resort

Originally Posted by DavidZ

That is a different project on the opposite end of Cabarete...it is located next to the restaurant Embocca.

Awesome! It looks like that one will be called the "Buddha Resort, Cabarete"

CABARETE RESORT
Property Type: Mixed-Use Resort
Concept Creator & Interior Design: Dupoux Design
Executive Architect: Sarah Garcia

Horizen is developing an exclusive eco-resort on eight acres of pristine land along the Northern coast of the Dominican Republic. With 550 feet of beach frontage on the Atlantic Ocean, the development is located in the town of Cabarete, the kite-surfing capital of the world.

The development will include a 70-room boutique hotel, 168 luxurious, loft-style condominiums, a state-of-the-art spa, a fitness center, an upscale retail galleria, and a beach club/lounge. This resort will embrace the principles of sustainable design, including the use of recycled materials, alternative energy and respect for local traditions and building techniques. The elaborate landscaping will include countless water features, an outdoor amphitheatre-style club and multiple restaurants.

This project will be designed by the internationally acclaimed European designer, Stephane Dupoux, creator of the Nikki Beach concept, Cielo, Touch and Cocoon restaurants in addition to many other projects around the world. Dupoux is working in collaboration with Sarah Garcia, the Dominican Republic’s most accomplished architect.

If I recall correctly, the Sarah Garcia mentioned is the architect that also designed the widely acclaimed Casa Colonial Hotel, ..

[DavidZ]

Originally Posted by DMLVT

Is this a different project or is it the Nikki Beach Project. I'm confused. Is there going to be a project on the Ecuentro Beach?

These are two entirely different projects, several miles apart, at opposite ends of Cabarete. The first link refers to Encuentro beach, the second to the area in east Cabarete, next to Emboca.

[CFA123]

Palmera's plans look high end, but it doesn't seem to me that the location is.

Not the best beach, fair distance out of town, not real safe water for swimming, and very little buffer from the noisy highway. They're selling 'Cabarete', but Cabarete's 2 km away.

I can't quite figure what it has going for it to attract those sort of prices. That's really big money to be near 'nothing'.

[aegap]

What promises to be another great project, ..


http://www.forbes.com/businesswire/feeds/businesswire/2008/08/14/businesswire20080814006175r1.html

Sackman Enterprises, Inc. Announces Development Plans for Cabarete

Top Government Officials Meet with New York Developer to Discuss $60 Million Project which will feature retail shops, a cinema, open air kiosks, water features, an outdoor stage, sublevel parking facility, and deluxe Condo Hotel.

Last update: 5:52 p.m. EDT Aug. 14, 2008

CABARETE, Dominican Republic, Aug 14, 2008 (BUSINESS WIRE) -- Cabarete, the beach town in the Dominican Republic, has been on the radar of those in-the-know for years. Now, Sackman Enterprises, Inc. is set to bring this jewel to a wider market. With more than 40 years in the real estate market and an earned reputation of quality in development, there is no better company to create the first development in the area.

Possessing a portfolio of over 80 developments, Sackman Enterprises, Inc. has created truly stunning properties such as Somerset in Turks and Caicos and The Lodge at Keyah Grande in Colorado.

With an attention for detail and a high-regard for the traditions, culture, and preservation of the area, Sackman Enterprises, Inc. is poised to bring The Fountains, a magnificent condominium, retail plaza, and resort community to Cabarete.

Sackman Enterprises, Inc. recently held a meeting in Manhattan to showcase their impressive portfolio and discuss this grand project. In a showing of support, the Minister of Tourism from the Dominican Republic and the Governor of the Province of Puerto Plata flew to Manhattan to meet with top Sackman executives, Carter Sackman and Jamie Hefelfinger, and Sackman Development Partner, Trip Brooks. The esteemed attendees discussed the project and the positive impacts that it will have on the area.

The Fountains will be the realization of over sixteen months of planning and a future investment exceeding sixty million US dollars. Trip Brooks states, "With the current administration including President Leonel Fernandez, Minister of Tourism Felix Jimenez, Provincial Governor Cesar de Los Santos, and the Sub Secretary of Tourism Bernardita de Fenke, the government has created a positive market. We have unwavering confidence in the country's administration. Their show of support and the efforts they took to ensure that the project and its developers are sound speaks volumes about their care for the area. The Fountains will be a result of love for the area and an unmatched expertise in real estate development."

Expected to break ground Mid-September 2008, The Fountains will feature luxurious units, a "Plaza Level" featuring retail shops, a cinema, open air kiosks, water features, an outdoor stage, sublevel parking facility, and deluxe Condo Hotel.

SOURCE: The Fountains
For The Fountains
Kia Zalewski, 305-572-9883 x 306
kia@americasmediagroup.com


The Foutains at Cabarete - Sackman

Situated in the stunning beach-front town of Cabarete, The Fountains offers every possible amenity to the vacationer and year-round resident. Featuring two grand plazas, cosmopolitan shopping, a world-class hotel and fine dining, The Fountains is the premiere residence in this most beautiful of island locations.


Designed with classic Caribbean flair, with grand terraces in every space and clear blue views of the sea and mountains, The Fountains combines elegance and style to bring you the best of tropical living.


One, two and three-bedroom luxury residences, multilingual concierge services, 24-hour security, roof-top decks with infinity pools. Underground & Valet Parking.