Stalled Developments....

Started by rockyptjoe · May 30, 2008 · 4 replies

rockyptjoe May 30, 2008 at 12:29 PM #1

It might be worthwhile to list those developments that have stalled, or the developers have taken off with the funds(now that doesn't happen in Puerto Penasco!!!) :twisted: :twisted:

Playa Elegante property......doesn't look like anything has been going on for a couple of months
Mirimar property.....also no apparent activity the past month or so....

Ladyjeeper May 30, 2008 at 1:12 PM #2

Grrrrrrrrr!!!!!!!! What a waste! I'm still heartbroken!

azbeachboy May 30, 2008 at 1:42 PM #3

Don't forget Perla "The Joka" Del Mar. Last weekend they didn't even have a salesman in model.

goldbug Jun 2, 2008 at 8:22 PM #4

And of course, let's not forget the NorthBeach fiasco. This includes:

Kasitas
Las Gardenias
Sunset Beach
Playa Azul
Riviera Real
Possibly, Playa Dorado

Also include:
Villa Cortez on Encanto

And the list will be getting longer and longer.

As a wise man once said, a bad investment in the US is far better than a good investment in Mexico.

Dezracer Jun 26, 2008 at 1:26 PM #5

Solance Towers on Whale Hill - steel is up and there were a few workers on site

Marbella Condo at Las Conchas - looks like the delivered 2-3 units. 80% of the project is unfinished and there were no workers on site.

Corora Las Conchas - 1st building is done ...tons of workers on site

Terrsso Las Conchas - steel work looks almost done...sales person on site but no workers.

Pointe at Las Conchas - no building, steel building for sales office