Penasco Bay

[MIRAMAR]

Here's an update from another website on Penasco Bay:

http://www.urbanfreak.net/showthread.php?t=3311&page=2

Looks like from the pictures, they are starting construction.

[GringoZona]

Where is this again, by the estuary?

[PintoPoint]

This is on Sandy Beach. The underground parking is already started and will include The Reef Club.

[PitiquitoRosy]

You guys have to read the rest of the thread at that website. The Penasco Bay project is still on hold and right now there is no indication when that will pick back up.

[Wahoo]

Rosy, the last post was Today! Two priors said it was Month balled.

Sales reps are still mentioning the "Marriott" not <Penasco bay>.. It gives me the shrivers. Marriott is .. well not

!*Penasco Bay*!

For all that do not know the location, Penasco Bay is next to the harbor that will harbor one to two cruise ships a week.

[La Huerita]

For all that do not know the location, Penasco Bay is next to the harbor that will harbor one to two cruise ships a week.

Is that the harbor area that the Secretariat of Environment and Natural Resources (SEMARNAT) has nixed? That, as things stand today, will not get built? See CEDO Victorious in Sandy Beach Resorts Marina Controversy (http://rptides.blogspot.com/2009/09/cedo-victorious-in-sandy-beach-resorts.html) (with a picture). Or are you talking about a different harbor?

Penasco Bay is on the far side of Esmeralda Resort. From an article about a year ago (http://rptides.blogspot.com/2009/05/real-estate-news-bits-from-puerto.html) about the project being put on hold: "The billion-dollar Penasco Bay Resort at Sandy Beach is being developed by Grupo Questro, a well-known developer from the Los Cabos, Baja area and Grupo SBR, which is the developer of Sandy Beach Resorts. Located on the far side of the Esmeralda Resort, Penasco Bay is 630-acre project designed to feature two 300-room beachfront hotels, 900 beachfront condominiums, an 18-hole golf course and resort with 1,000 homes and 1,000 more condominiums, and a convention and expo center to be built by the state of Sonora. One of those hotels is to be an upscale Marriott, originally expected to open in 2011. Marriott will brand and manage the hotel, but will not own it."

I've heard that they're working on the Marriott but don't have first hand knowledge of it. Anyone been out that way lately?

Personally, I wouldn't hold my breath waiting for those cruise ships. Of course I could be wrong; do you have current information on when we can expect them?

[rockyptjoe]

This is on Sandy Beach. The underground parking is already started and will include The Reef Club.

Oh...you must be talking about that big hole in the ground in front of the Reef RV park!!! :rofl:Oh wait, that was going to be the marina!!!:stir:

[Wahoo]

Rosy, the last post was Today! Two priors said it was Month balled.

Sales reps are still mentioning the "Marriott" not <Penasco bay>.. It gives me the shrivers. Marriott is .. well not

!*Penasco Bay*!

For all that do not know the location, Penasco Bay is next to the harbor that will harbor one to two cruise ships a week.

Huerrita, that was <Sarcasm>. Marriott would only be the "manager" if it ever would exist. Using the Marriott name is in my opinion disingenuous at best and at worst an attempt at fraud for other sales exploits.

For the Record, I never expect one cruise ship with more that 200 persons ever to dock in RP.
I never expect P.Bay to see the light of day. I never expect "casino" Licenses be issued.
I expect a slow deterioration in Sandy beach as funds and debt slowly strangle the condo craze as reality sets in. Unpaid taxes and HOA fees in will continue to soar, and capital sales continue to plunge.

How is that? :ugeek:

[Wahoo]

... and the only marina would be an upgrade of the present one that currently exists. Even the Mayan talk about their Marina has been scaled down to "sailboats only" and at high tides...only? (non keel sailing)

Fact of the matter these are shallow shores and Dredging this protected zone would be a crime. The one toward Black Mountain also has been killed. (But sales people do still use these "new Marinas" talk to promote "buy now" Pre construction, before prices rocket, blah blah blah.)

[playaperro]

Huerrita, that was <Sarcasm>. Marriott would only be the "manager" if it ever would exist. Using the Marriott name is in my opinion disingenuous at best and at worst an attempt at fraud for other sales exploits.

For the Record, I never expect one cruise ship with more that 200 persons ever to dock in RP.
I never expect P.Bay to see the light of day. I never expect "casino" Licenses be issued.
I expect a slow deterioration in Sandy beach as funds and debt slowly strangle the condo craze as reality sets in. Unpaid taxes and HOA fees in will continue to soar, and capital sales continue to plunge.

How is that? :ugeek:

What's the name of the casino just as you arrive in town? Roger Cliftons opened it a couple months back.

[La Huerita]

Huerrita, that was <Sarcasm>. Marriott would only be the "manager" if it ever would exist. Using the Marriott name is in my opinion disingenuous at best and at worst an attempt at fraud for other sales exploits.

For the Record, I never expect one cruise ship with more that 200 persons ever to dock in RP.
I never expect P.Bay to see the light of day. I never expect "casino" Licenses be issued.
I expect a slow deterioration in Sandy beach as funds and debt slowly strangle the condo craze as reality sets in. Unpaid taxes and HOA fees in will continue to soar, and capital sales continue to plunge.

How is that? :ugeek:

:-D

I did say "Marriott will brand and manage the hotel, but will not own it." ;) I don't think that's either disengenuous or fraudulent, particularly since Marriott itself has openly said they won't own it. It's very common for hotel companies to "brand" hotels and manage them. It gives them a nice profit without the risks incurred by owning the properties, and gives the owners of the properties the benefit of having a recognized brand to attract guests. I'd bet that Marriott, Starwood (Sheraton, Westin, etc.) manage more hotels than they own, by a long shot.

Wyndham has branded the Mayan Palace, for instance, and I don't think they even manage it. Just put their name on it; good for Wyndham, good for Mayan (at least in theory).

Now, if it were a condo project rather than a hotel, and sales people were letting potential owners believe that Marriott owned it, that would be another story...

I don't expect to see any cruise ships any time soon, either. And if they do come, they'll probably have to anchor offshore in deeper water and use tenders to ferry passengers ashore. They do that in an awful lot of places and it works just fine.

I hope you're wrong about what will happen to Sandy Beach; that wouldn't be good for RP. But even if you ARE wrong, I think it will be at least another decade before life really starts to come back to that development.

[InkaRoads]

If you read the last 2 pages of the urban freak you will realized that they know as much about the project us we do, which is basically nada, other than it has stop any construction!! :eek3:

[Wahoo]

What's the name of the casino just as you arrive in town? Roger Cliftons opened it a couple months back.

Hey Dog, Because it has the name Casino does not make it a real.

I had never heard of this Roger and Jeanette Clifton, but seems something is not right as they do have Hundreds of thousands of US dollar Judgments against both here in Maricopa, Arizona. Further search on his name on this Forum brought out many opinions and seems that a dark cloud follows him and anyone around him. Just like any good Con man one needs to return some of his gains and this just sounds like another cheap ploy.

This Lucky Casino claims 99% profits to be returned to the Children of Penasco? I guess after paying expenses.... and keeping 80 cents on the gambled dollar. How does that strike you? How nice,.... he even got the a picture with the Mayor. What no alcohol to numb the pain?

Sounds like he is a pro at this with La Perla and his other RP adventures.

[Wahoo]

:-D

I did say "Marriott will brand and manage the hotel, but will not own it." ;) I don't think that's either disingenuous or fraudulent, particularly since Marriott itself has openly said they won't own it.

I was referring that other use the Marriott name in there sales pitch. They specifically refer to the Marriott project. "The Marriott is building next door, and you know that they spend millions doing research before investing", etc.

Not you. You actually clarified th truth. And said it well.

[playaperro]

Oyes Pescadito,
What did you mean by I never expect "casino" licenses be issued?

[Wahoo]

Casino's suck money from many and give it to a few. A true Casino license comes from the State of Sonora and not from the City of PP. I was told recently that "Trump" was buying into a license and they expected licenses to be issued. I looked at this guy in dissbelief as he assured me that it was in the major RP plan. Something about this "Master plan". I really never heard his detailed babbling as my mind was on Corvinas.

[curiousgeorge]

What's the name of the casino just as you arrive in town? Roger Cliftons opened it a couple months back.


Is there a real Casino in town? One you can play Blackjack or Craps? I am only aware of the Black dog slot machines.

[InkaRoads]

Is there a real Casino in town? One you can play Blackjack or Craps? I am only aware of the Black dog slot machines.
As far as I know there are a couple now, the 777, big and small, both located in Fremont Blvd and the new Clifton, forgot the name, at Posada Leon by the stadium, I really do not know what games they offer, rather give my money to the kids of RP!! :eek3: