September 7, 2007
Last week I was in Loreto, Baja California Sur. More specifically, I was in Nopolo, a small town south of Loreto, where the Loreto Bay project is being developed.
I was looking towards the water from our lot and I felt something had changed. I couldn't put my finger on it, but I felt something was different. After coming home I pulled out a few pictures I had taken from the same spot two years ago and I saw it: a bunch of Loreto Bay condos and homes were now in the horizon! They weren't there less than two years ago, but now we can clearly see them.
Here's a picture taken from our lot in December 2005, facing the sea of Cortez:
A view from out lot, in December 2005
Now, here's a picture from last week (August 2007), from the same location:
The same view from out lot, in August 2007
See the buildings? Click on the pictures for higher resolution (a bigger picture).
Loreto Bay is doing a great job building all of those units. The last I heard, they have sold out the first neighborhood (what they call the "Founders Neighborhood"). Last week I saw some excavation work on the second neighborhood, called "Agua Viva", but no units are yet ready. That said, I hear they have already sold 87% of all units in "Agua Viva". These folks are good.
Below I publish an image from Google Earth that shows the angle of the above two pictures. The big building we see in Google Earth and in the above images is an old convention center built by Fonatur years ago, which is now being used by Loreto Bay to store materials.
Using Google Earth, I figured out what the big building is: it's the convention center built by Fonatur (not the golf course buildings as Janelle and I originally thought). The Loreto Bay units we are seeing are the tip of the founders' neighborhood, the last units LB has just built.