Find your place in Paradise!
Please click on photos to enlarge
Imagine
living in an area where you have all the modern conveniences, but see Mother
Nature's flora and fauna from your back door. Brightly-colored birds, racoons,
rabbits, foxes, and even eagles and hawks are in your flowering trees, native
to the area. The closest services are just blocks away, and you have a view of
the ocean along with vistas
of cascading waterfalls and a natural lagoon that meets the sea.
Is
it even possible? Isn't it too much to ask to have all that, and at an affordable
price, too? Not anymore, as Mexico's best kept secret, Manzanillo, opens its
doors to Colima Development Corp., Minnesota developers who are planning a 530-acre, $400 million mixed-use resort,
"Las Cascadas de Manzanillo."
Colima Development, chaired by Bob Koens, the self-described "founding
father" of the sister-city relationship between Minneapolis/St. Paul and
Manzanillo, closed in November on the
purchase of the beachfront property. Koens and his partners are betting that
the Pacific Coast community -- with beaches made famous by actress Bo Derek in
the 1979 movie "10" -- is a perfect vacation and retirement
destination.
"Right now, those snowbirds are going to Florida, they're going to
Arizona, they're going to California," said Koens, whose extended family
has owned property in Manzanillo, 165 miles south of Puerto Vallarta, for more
than 30 years. "We're going to turn that flock toward Manzanillo."
Though only a 4-hour drive from Vallarta, the price of raw land and/or developed
land in Manzanillo is less than half of what it is in other resort towns,
including Ixtapa, Mazatlan, Huatulco, Los Cabos, Cancun and others. Currently, a
1,200 sq. ft. condo in Manzanillo, for example, costs about $100,000 USD, while
in Vallarta, its price can be as high as $300,000. That is equally true for the
other Mexican cities mentioned.
Manzanillo
has been judged as having one of the most favorable climates in all of Mexico.
It is on the same latitude as Hawaii, formed in much the same way (by volcanoes)
millions of years ago, yet compare prices between the Hawaiian Islands and
Manzanillo. Same ocean, similar terrain (each even has an active volcano), but
Manzanillo wins hands down as being more affordable!
When living in Mexico, safety is always brought up. Did you know that the state of Colima has been judged to be the safest place to live in all of Mexico? Crime is virtually non-existant. Unemployment is also extremely low at 1.1% in the state. Colima also has some of the best schools in the entire country, and the University of Colima is known worldwide as having excellent cultural and science departments. See statistics.
Plans for Colima Development's
"Las Cascadas de Manzanillo," or "The Waterfalls of
Manzanillo" development
include one or two 18-hole golf courses, three to five hotels and hundreds of
housing units, including condominiums and single-family houses. Some of the
homes, hotels, restaurants and shops will circle a natural lagoon that will be
opened up to the ocean. The property's rising elevations feature ocean views
from virtually every vantage point, and manmade waterfalls will cascade to the
Pacific.
Detractors of the development plan claim that the natural environment will be destroyed by all the building, when in fact, the opposite will be true. Currently the lagoon is used as a garbage dump, and the beach, which could be clean and pristine, is littered with debris left by careless beachgoers. The lagoon, which, luckily, still has an abundance of wildlife, is stagnant, and smells of rotting vegetation.
By
opening up the lagoon to the ocean as the developers plan, each day at
high and low tides, the lagoon will be refreshed and replenished with fresh sea water. Instead of a murky pond filled with duckweed, it will be
able to support fish, shrimp and other creatures that need an oxygenated water
habitat to survive and propagate. This type of project has been completed in two other
areas in Manzanillo, Tepalcates and Las Garzas, and has been extremely
successful, particularly during the winter months when there is no rain to
replenish the lagoons.
By creating
manmade waterfalls and creeks running through the development, there will
actually be more freshwater areas for animals, and the vegetation will stay
greener, longer, with a constant water source. Endangered species, such as the
black and green iguana, will have a natural refuge, with fresh water, trees, and
homeowners who maintain the lush, tropical environment, cutting down on the
poachers who catch the protected species for food or for showing off to
tourists.
"We want to create very much a village feel, which right now ... is
missing," said Tim Oliver, one of Koens' partners. "Our goal is to
create something very special here, both in terms of the physical layout and
the architecture, along with the tremendous natural amenities that we have in
elevation, lagoon and beach."
Colima Development will complete a master plan in three to four months, and the project could take seven to 10 years to complete, Oliver said. The firm plans to start marketing about 100 single-family lots in 30 to 60 days, pending completion of infrastructure improvements.
Colima Development, named for the state where Manzanillo is located,
purchased the largely undeveloped, financially distressed property at auction
for an undisclosed price. The Mexican government had ordered a bankrupt
financial institution to liquidate the property and other assets. The
developers raised the funds to buy the property last fall in a private
placement, Koens said. About 20 investors, mainly family and friends of the
developers, put up the needed money within 60 days.
The developers are negotiating with golf course and hotel developers. They also are working with financial institutions and government officials in both countries to create a home-mortgage market in Mexico. Mexicans typically buy homes with cash, and non-citizens may have to purchase homes through Mexican bank trusts, as opposed to obtaining a mortgage.
Koens, a former assistant men's basketball coach at the University of
Minnesota, is an unabashed Manzanillo promoter. He promised his late
mother-in-law, Ardis Peterson, that he would do something special for
Manzanillo, where she owned property. That's turning out to be much more than
the Snoopy statue his family and others donated to Manzanillo in her memory.
Present at the dedication of the sculpture, commissioned by the family of
Charles Schultz, were the governor of the state of Colima, the mayors of
Manzanillo and St. Paul, and various other local and foreign dignitaries. Snoopy
is seen holding a Northern Pike in his right paw (a symbol of Minnesota) and a
sailfish in his left (Manzanillo being the sailfish capital of the world). This
is the only sculpture that permanently resides outside the U.S., and is a symbol
of the cooperation and sisterhood between the cities of Minneapolis/St. Paul and
Manzanillo.
Government officials in Manzanillo call Koens "Ambassador Bob"
due to his efforts to promote the region. His initiatives include a pledge to
donate 10 percent of the development's profits to Manzanillo schools. He also
persuaded Minneapolis-based Hobbit Travel and Mendota Heights-based Sun
Country Airlines to begin charter flights to the region from the Twin Cities
last year.
"This year, out of all the flights we're running down there, about 80 percent are sold out," Wozniak said. Hobbit has guaranteed nonstop flights on Sun Country between Minneapolis-St. Paul and Manzanillo every Tuesday for 12 weeks this season.
MAP of Manzanillo
Go to page 2 for more info and photos.
Information taken from the Minneapolis/St. Paul Business
Journal, article by John Share, staff reporter: jshare@bizjournals.com
| (612) 288-2106
Aerial photos of project site by John Frost. Web page: http://www.gomanzanillo.com/frost/index.htm
Other photos by Susan Dearing, on project site February 15, 2004, and throughout
the year in Manzanillo.
For more info on Manzanillo and the state of Colima, order Susan's guidebook.
Bo Derek's photos from her personal web site: www.boderek.com