Mazatlan Mexico More Investment for 2011

More investment for 2011
AMPI announces major real estate projects and residential detonate Mazatlan
debate.com.mx | Haysiber Bojorquez | Updated: 08/08/2010 10:00:00
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ADVERTISING Mazatlan, Sinaloa .- A pretty picture for Mazatlan looms next year with investments in real estate developments and residential projects.

The president of the Mexican Association of Real Estate Development (AMPI) in Mazatlan, Ernesto Guzman Garate, announced the construction of a condominium tower called The boardwalk "for after completion of the summer, which would be located next to the Hotel De Cima.

He said that by early 2011 the mega project in the Stone Island will begin with a hospital within 120 hectares of under 2 000, which will feature condominiums and retirement homes.


> Urban growth. Alfredo Reynaga Chicuate, representative of AMPI in Mexico, said that six affordable housing projects are planned for construction and half to the south and north of the city.

"The winter season will be very good, especially because there is enough supply to accommodate this market, either pre-or in new projects to be a magnet for investors."

Guillermo Garcia Coppel, president of Mazatlan's tourist development, said that it is in Grand Gavias delivery phase, while the end of the year will do the same and Escondido Peninsula Towers.

Tortuguitas complex and Paradise Bay Grand advancing in its construction to boost foreign tourism.


> Positive expectations. Garate Guzman also noted that next year will likely end the Mazatlan-Durango highway, coming to detonate the Sinaloa state's economic development.

He explained that the CIP Teacapán in Escuinapa, and shows progress in infrastructure despite the adjustments that were made by the EIA.

"It is the starting signal for the next year, and well placed to Mazatlan in the national focus of the cities that are going to rebound and have a great appeal to Mexican and foreign investors."


> Green light. The leader of the AMPI in the town said there was a lot of attention in the area of La Marina, to materialize the mall with exclusive brands in the following months.

"There are several towers with building permits in hand and ready to go."


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ACRES is the first stage of the hospital. <<

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Projects are available for housing in 2011. <<


"The key points of development

Investment

It spent 500 million dollars for luxury tourism in Mexico, highlighting for reviving the Riviera Maya, Sinaloa and Baja California.

-Expectation

The AMPI announced several real estate projects which are next door for years.

-Impact

Mazatlán-Durango Highway and Teacapán CIP projects are larger.