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Large tourism, residential resort.

LARGE TOURISM, RESIDENTIAL RESORT. Royal Isabela with 426 acres, 3.5 miles of beachfront and minutes away from the Aguadilla airport, will finish its first phase next summer, reports Caribbean Business (Dec. 2, 2010). Pasarell brothers' $100 million golf club, hotel and real-estate resort will create 350 jobs during its first phase. Plans are to have five hotels, three golf courses--one is already finished--and have villas, "casitas' and lots for home estates. Due to problems with their original partners in 1993, it was not until 2000 that the Pasarell brothers fully acquired and reactivated their project. Royal Isabela is located within the 1,800-acre Costa Isabela community, bordering the Atlantic Ocean with an oceanfront of more than 3.5 miles. The entire Costa Isabela project, of which Royal Isabela is part, will be developed in five phases over a 30-year period. The master plan already has permits for the development of up to five hotels, five golf courses and various residential developments at the 1,800- acre site. Once the first phase of Royal Isabela is completed, the project will employ 350 full-time workers. It currently provides 150 direct jobs. The consultants working on Royal Isabela include Hart Howerton, a team of planners, architects, landscape architects and interior designers working in more than 30 countries. The Puerto Rican firm of Jorge Rossello Interior Designers and Space Planners is also involved in the project. And John Sergi, president of New York-based Sergi Hospitality & Culinary Strategy.
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Title Annotation:PUERTO RICO
Publication:Caribbean Update
Date:Dec 31, 2010
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