| Home Page : Archive News : February 2011 News : Alta Vista Companies announced today a Joint Venture for the Development of a Luxury JW Marriott Hotel in Rio Grande, Puerto Rico | |
Alta Vista Companies announced today a Joint Venture for the Development of a Luxury JW Marriott Hotel in Rio Grande, Puerto Rico | |
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February 24, 2011 Steven Muehler, President of Alta Vista Companies, has partnered with local Puerto Rico developers with the plans to break ground on a Luxury JW Marriott Hotel in late 2011. Established in 2009, Alta Vista International Real Estate Fund I was conceived with the idea of providing a low risk high reward participation through a diversified approach to balancing both value and international real estate growth. This strategic focus remains its guiding principle, with continued analysis of countries, property markets, and the portfolios and management of individual companies. Capital appreciation is a primary focus, with income secondary. The site is located approximately 35 minutes from the San Juan International Airport. The proposed JW Marriott Coco Beach Resort will consist of 197 guestrooms and an additional 218 "common membership interests" hotel condominium suites to be developed on an oceanfront parcel contiguous to the resort hotel facilities. Additionally, 63 vacation clubs (timeshare units) will be constructed on a beachfront portion of the site. The facilities will be located on a 27.2 acre oceanfront site within the 1,000-acre Coco Beach Golf & Country Club resort in Río Grande, Puerto Rico, about 25 miles east of San Juan. The waterfront site location provides extensive views of the Atlantic Ocean and the Caribbean National Rain Forest of El Yunque. Hotel facilities and amenities are planned to include 110,782 square feet of main hotel building space (9,723 square feet for lobby, 6,370 square feet for casino and 92,047 square feet for BO-H), 17,775 square feet for a spa building, 2,375 square feet for a pool grill, 106 square feet for a recreational pavilion, and 340 square feet for an entry gate house According to Steve Muehler, President of Alta Vista Companies, hotel guests will have access to the EXISTING Coco Beach Golf & Country Club located within the resort. The golf and country club facilities feature 36 holes of championship golf and 46,000 square foot clubhouse with meeting facilities, restaurant and lounge. PGA Style designed Golf course will be a full 36-hole of championship golf course. For Additional Information Alta Vista Companies Steven J. Muehler, President 9107 Wilshire Blvd. Unit 450 Beverly Hills, CA 90210 http://www.AltaVistaCompanies.com http://www.SteveMuehler.com Source: http://www.1888pressrelease.com/alta-vista-companies-announced-today-a-joint-venture-for-the-pr-281503.html |
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