Costa Rican resort plans

from today's GlobeSt:

Last updated: August 6, 2007 11:58am
Revolution Plans $800M Costa Rican Resort
By Erika Morphy

"WASHINGTON, DC-Steve Case's real estate venture, Revolution Places--launched to develop sustainable, high-end, resort communities--has selected its first destination, Cacique, Costa Rica. The 650-acre, $800-million development is scheduled to open in 2010.

Revolution was unable to be reached for comment by press time. The resort group is a unit of Case's holding company, Revolution LLC, which he seeded with $500 million in 2005 when he founded the company. The goal embellishes the traditional concept of sustainable development to take advantage of a handful of emerging trends in global travel, including ecotourism, condo ownership at resort locations and green building standards." ....

"Located on the northwest coast of Guanacaste, the Cacique resort, for instance, will be built with environmentally friendly designs to reduce energy and water demand. Spatial, wind and solar patterns also will be taken into account in order to maximize natural ventilation, shade and daylight. The resort will establish a recycling and solid waste management program as well as create on-site treatment facilities to reuse wastewater. Finally, electrical power will be purchased from renewable sources.

At the same time the resort is geared to the luxury travel set, including the planned condos. The resort will include estate sites, custom and semi-custom whole ownership residences, resort-loft living and Exclusive Resorts club memberships.

Amenities will be provided by a handful of companies known for their high end services. One&Only Resorts will develop a 120-unit, all-villa property, with each room situated on its own compound with an Pacific Ocean view. The resort will include a Miraval: Life in Balance, a top-ranked destination spa that's marking its first exotic location expansion for this brand. It will offer 100 programs for 120 rooms and 60 villas on 50 acres of private grounds. Exclusive Resorts, another top luxury destination club, has committed to custom design and purchase 30 residences in a private enclave. Also coming is a Tom Doak 18-hole golf course, and the first Agassi-Graf Tennis and Fitness Centers, personally designed and programmed by Andre Agassi and Stefi Graf." ...

For the complete story see: http://www.globest.com/news/964_964/washington/162909-1.html