Cap Cana

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CAP CANA is a master-planned, gated, multi-use luxury resort and real estate community located adjacent to the Punta Cana international airport on the eastern tip of the Dominican Republic in the Caribbean.

This exclusive gated community is a truly ecological wonderland that includes three miles of beautiful white sand beaches, protected harbour marina only minutes away from one of the best fisheries of the world, the Punta Espada an award winning golf course designed by Jack Nicklaus, school district with the Cap Cana Heritage School bilingual school accredited by Advance SACSl, the school offers education from Early Childhood through 12th grade and the Cap Cana UNIBE University University campus that offers complete programs for every educational levels. This destination has also first class spas, five star hotels such as the Relais & Chateau Eden Roc at Cap Cana hotel, the Sanctuary Cap Cana, gourmet restaurants including four diamond awarded AAA restaurant, fitness center, convention centers and an Adventure park. To date, more than US$500 millions in infrastructure and other improvements. These investment included the construction of 33 miles paved roads, water supply and waste water system capacity of 900,000 gallons per day; on-site power generation and distribution 14MW with 20MW back-up diesel generators, 62 miles of fiber-optic cable.

History[edit]

2001 – 2002 Agreements are signed with Jack Nicklaus for first 3 golf courses designs and with Troon Golf for the first golf course management. Also with the International Sales broker IMI to sell the founders packages. .Stewart Title for investor’s security. The Marina’s initial construction starts.

In 2003 Marina excavations find water for the first time and the 2nd phase of sales takes place launching the beach condominiums of Aquamarina I and the Villas Caleton.

During 2004 Cap Cana becomes launches the world’s first real estate product with J.Nicklaus signature name: Golden Bear Lodge. Agreement with WEITZ for the construction of first golf course: Punta Espada Golf Course

2005 and 2006 were the years were great openings took place with the Caleton Beach Club and the Punta Espada golf course. Also the Fouders condominiums and the Caleton Villas reached completion. The Hotel Sanctuary’s initial construction begins and a new agreement is signed with the Spanish group Sotogrande for real estate development. In 2006 Cap Cana issued the largest Int’l Bond Issuance (at lowest rate) from a private entity in the DR (US$250MM). The First Blue Marlin Fishing Tournament " The Cap Cana Classic" is celebrated at the club Nautico of Cabeza de Toro with a beautiful party in Caleton.

2007 this was the year of great milestones. Real estate sales reached one billion dollars and a new record real estate sales in the Caribbean is achived at the Trump Farallon lots launch were 300 MM US$ were sold in one day. The grand opening of Cap Cana Marina was celebrated with the Cirque of Soleil and a Juan Luis Guerra concert. Sotogrande launch event took place simultaneously in Spain, London and Dominican Republic. Sanctuary and Heritage School opens.

2008 Punta Espada golf course hosted The Cap Cana Championship, a PGA Champions Tour tournament, more than 150 million people watched the event, and more than 500,000 website hits during the tournament. The Golden Bear Lodge construction reaches completion.

2009 The world financial crisis affects Cap Cana. In this year the International bonds are successfully restructure and starts negotiation to structure of bank loans with grace periods and maturity extensions. The sales strategy changes and Cap Cana focus on parcels to developers and signs and agreement with AM Resorts to develop four beach hotels. Punta Espada golf course hosted for the second year The Cap Cana Championship, a PGA Champions Tour tournament. International Beach Polo Match is played at Juanillo beach.

2010 Punta Espada golf course hosted The Cap Cana Championship, a PGA Champions Tour tournament. UNIBE Cap Cana and “Scape Park” adventure park opened. Sotogrande at Cap Cana construction is completed. Eden Rock hotel initial construction begins. The second edition of the international Beach Polo Match is celebrated

2011 Cap Cana achieves 10 years of operation. The Fishing Lodge construction is completed. Villas Marina initial construction begins and initiates of the delivery of Punta Palmera units.

2012 Overall debt reduced substantially. the Eden Rock hotel opening. Villa Marina is now delivering its first unit’s delivery. More than six Fishing Tournaments take place at Marina Cap Cana. Alsol begins the operation of Fishing Lodge and Sotogrande.

2013 Eden Roc becomes the first Relais Châteaux in Dominican Republic. Dominican Republic is considered among the best bill fisheries of the world by the Billfish Report. The first Cap Cana Golf Cup is celebrated at Punta Espada. An agreement is signed for the construction of the second golf course Las Iguanas.

Location and Accessibility[edit]

CAP CANA is located on the most eastern part of the Dominican Republic, CAP CANA is easily accessible to visitors either by air, ground or sea. From major gateways throughout the Americas and Europe through The Punta Cana International Airport, only ten minutes away from the property and serving 55 countries. By ground through the new highway “Autopista del Coral” connecting to Santo Domingo and La Romana.

References[edit]

http://www.nicklaus.com/design/capcana/ http://golfweek.com/news/2013/nov/01/golfweeks-best-caribbean-mexico-courses-2014/?print http://billfishreport.com/billfish-report/2013-billfisheries-of-the-year-1-dominican-republic/ http://www.relaischateaux.com/spip.php?lang=en&page=detailContinent&id_rubrique=2366 http://www.tripadvisor.es/Hotel_Review-g147293-d3569813-Reviews-Eden_Roc_at_Cap_Cana-Punta_Cana_La_Altagracia_Province_Dominican_Republic.html http://www.tripadvisor.es/TravelersChoice-Hotels-cTop-g147237 http://www.cchs.edu.do/cap-cana-community.html

External links[edit]

http://marinacapcana.com http://capcanarealestate.com http://puntaespadagolf.com

Coordinates: 18°30′05″N 68°23′03″W / 18.50139°N 68.38417°W / 18.50139; -68.38417