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COLUMBUS LANDING PROJECT GETS OK.


After nearly two years of delays caused by environmental concerns, the Puerto Rico Planning Board approved plans for the US$164 million Christopher Columbus Landing project in Aguadilla. Koeniger Development Inc. of Louisiana, has received approval to build six condos (340 units), four condo-hotel buildings (160 rooms), a 300-room hotel with casino, and 75,000 square feet of commercial tourist space. Koeniger now faces an uphill battle of now obtaining financing, and dealing with possible lawsuits from local environmental groups which contend that the beachfront property, known as "The Wilderness" to surfers around the world, should remain pristine, reports The San Juan Star (April 8, 1999).

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Publication:Caribbean Update
Geographic Code:1USA
Date:May 1, 1999
Words:106
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