THE NEW SUBURB: Costablanca will feature a 150-slip marina, two beachfront condo towers, a golfcourse designed by Greg Norman (photos) and 52 villas.
THE NEW SOUTH BEACH: The $100 million Marbella project features 465 beachfront apartments.
How the Group Metro is converting once-decayed Juan Dolio into a new hotbed for upscale living and tourism in the Dominican Republic.
BY JOACHIM BAMRUD
JUAN DOLIO, Dominican Republic – Amidst a hot Caribbean sunshine and ocean waves crashing into the coastal cliffs, workers are busy building luxury homes in what may become the next hot luxury real estate resort in the Dominican Republic.
Costablanca, as the new resort is called, will have one major advantage over other resorts. The location is only 40 minutes away from capital Santo Domingo versus two to four hours for Casa de Campo or Punta Cana, the existing upscale resort areas.
The 520-acre development will include a golf course designed by Greg Norman, a Chris Evert tennis center, a 150-slip marina, 52 villas, two beachfront towers and 2,400 ft. beachfront. The price tag? $500 million spread out over a ten year period that started two years ago.
JUAN DOLIO CHANGES
Costablanca is only the latest major project to be opening in Juan Dolio. During the 1990's, the city ...
Keywords: Barcelo, Cap Cana, Casa de Campo, Chris Evert, CIFI, Costa del Sol, Embassy Suites, Juan Dolio, La Romana, Las Olas, Luis Jose Asilis, Marbella, Metro Country Club, President Leonel Fernandez, Punta Cana
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