Mexico City Architect Selected for New Mixed Use Master Plan
Mexico City Architect Selected
for New Mixed Use Master Plan
Loreto�s Latest Project Encompasses Hotel,
Timeshare, Fractional, Whole Ownership Real Estate
Mexico City Architect Selected for New Mixed Use Master Plan
Cabo San Lucas, BCS, Mexico � July 2006 � Owen Perry, a partner in the highly successful The Villa Group for the past 20 years, has announced that Felipe Ochoa y Asociados has been selected to create the master plan for a spectacular 1800 acre resort development in Loreto, Baja Sur, Mexico. Loreto is located on the east coast of the Baja California Peninsula facing the Sea of Cortez. With practically no rain and a source of pure water coming from underground springs, Loreto is rapidly becoming one of Mexico�s prime vacation and second home destinations. It is surrounded by the Sierra La Giganta, one of Baja�s highest and most breathtaking mountain ranges.

The Mexico City based architect is renowned for many projects in Mexico including resorts in Puerto Vallarta and Cancun. The firm is known for its master plan of Loreto prepared on behalf of FONATUR, Mexico�s national trust for the promotion of tourism. Along with Loreto, FONATUR has developed Mexico�s top beach resort areas�Cancun, Ixtapa, Los Cabos, and the Bays of Huatulco.

According to Owen Perry, the magnificent development has been approved by local and state governments for a total of 2200 rooms, divided into four properties, with a variety of real estate products covering the spectrum of affordability and lifestyles. Included in the overall make-up are timesharing, fractional ownership, whole ownership, restaurants, recreational opportunities and commercial retail operations. A high-end hotel to be named shortly is also on the books. At least one 18-hole golf course will be integrated into the mixed-used master plan.

�One travel writer recently described Loreto as a place to �get off the treadmill of life,� said Perry. �We agree. Loreto is an hour flight from San Diego and an hour and a half from Los Angeles. The area is already attracting a lot of people who usually travel to Cabo San Lucas. We�re confident that many who tire of the five hour flight to Hawaii will choose Loreto as their destination.�

The property is situated on the beaches of a maritime park surrounded by mountains. The protected bay of the Sea of Cortez is known for its remarkable crystal blue clarity. The park was created by the Mexican government years ago to protect marine and wild life. The new resort destination will only be accessible by electric golf-style carts to ensure its pristine integrity is maintained.

The first phase, the timeshare resort, is expected to break ground in fall of 2006.

In association with The Villa Group, Owen Perry�s other ventures include Villa La Estancia (Cabo San Lucas and Nuevo Vallarta), one of the world�s most successful fractional ownership resorts, five timeshare resorts, hotels, restaurants and other real estate and tourism oriented entities.

Contact:
Georgi Bohrod
619-696-8018

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Hospitality Newsmaker Alert�
Placement Dates: 07/13/06 � 09/13/06
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