Cap Cana

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Cap Cana
Motto(s): The World’s New Destination
Cap Cana - Master Plan
Cap Cana - Master Plan
Coordinates: 18°29′00″N 68°24′30″W / 18.48333°N 68.40833°W / 18.48333; -68.40833Coordinates: 18°29′00″N 68°24′30″W / 18.48333°N 68.40833°W / 18.48333; -68.40833
CountryDominican Republic
Founded2001
Time zoneUTC−4 (AST)
 • Summer (DST)UTC−3 (ADT)
Websitewww.capcana.com

CAP CANA (Spanish pronunciation: [kapˈkana]) is an exclusive real estate and hotel tourist destination, located on the eastern shores of the Dominican Republic. [1]

This development covers an area of over 6,200 acres.

History[edit]

[2] From 2001 – 2002, agreements were signed with Jack Nicklaus, for the design of the first 3 golf courses, and with Troon Golf, for the management of the first golf course. Also with the International Sales broker IMI to sell the founders packages and Stewart Title for investor’s security. Initial construction of Marina Cap Cana starts.

In 2003, The excavations for the development of Cap Cana's Marina find water for the first time and the 2nd phase of sales takes place launching Aquamarina I beach condominiums and Villas Caleton.

In 2004 Cap Cana launches the world’s first real estate product with Jack Nicklaus signature name, Golden Bear Lodge. Agreement signed with WEITZ for the construction of the first golf course, Punta Espada Golf Course

During 2005 and 2006 great openings took place with the inauguration of the Caleton Beach Club and the Punta Espada Golf Course. Also the Founders condominiums and the Caleton Villas reached completion. The Sanctuary hotel construction begins and a new agreement is signed with the Spanish group Sotogrande for real estate development. In 2006 Cap Cana issued the largest International Bond Issuance of US$250 Million at the lowest rate for a private entity in the Dominican Republic.

2007 was the year of great milestones. Real estate sales reached one billion dollars and a new record real estate sales in the Caribbean is achieved at the Trump Farallon lots launch where US$350 Million were sold in one day. The grand opening of Marina Cap Cana was celebrated with the Cirque of Soleil and a concert with Juan Luis Guerra. The Sotogrande launch event took place simultaneously in Spain, London and Dominican Republic. Sanctuary and Heritage School opens.

In 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.

In 2009 the world financial crisis affects Cap Cana. In this year the International bonds are successfully restructured and negotiations start to structure of bank loans with grace periods and maturity extensions. The sales strategy changes and Cap Cana focuses on parcels to developers and signs an agreement with AM Resorts to develop four beach hotels. Punta Espada Golf Course hosts for the second year The Cap Cana Championship, a PGA Champions Tour tournament. The International Beach Polo Match is held at Juanillo beach.

In 2010 the Punta Espada golf course hosted The Cap Cana Championship, a PGA Champions Tour tournament. UNIBE Cap Cana and Scape Park eco-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, and fishing Tournaments.

In 2011 Cap Cana achieves 10 years of operations. Launch of Villas Marina at Cap Cana project by Grupo Velutini (Venezuelan group). Initial investment of 12 million dollars. Punta Espada Golf Course is ranked as the No. 1 golf course in the Caribbean and Mexico by Golf Week. Additionally, Golf Digest ranked Punta Espada as the 35th best golf course of the Americas.

In 2012 the Eden Roc at Cap Cana hotel opens. Creation of APROCAP (Cap Cana’s Homeowners’ Association) with the goal of bringing together all parties with investments and interests in Cap Cana, to supervise, control and maintain all common areas of the project. AlSol Hotels and Resorts takes control of the operation of Sanctuary Hotel, Fishing Lodge Condo Hotel and Sotogrande Condo Hotel. Grupo Velutini starts the development of the second phase of Villas Marina at Cap Cana. Overall debt is reduced substantially. AlSol begin the operation of Fishing Lodge and Sotogrande. Marina Cap Cana is now part of the Billfish Foundation.

In 2013 the inauguration of Coral Highway takes place, connecting Santo Domingo and Cap Cana in less than 2 hours. Grupo Velutini starts the development of the second phase of Villas Marina at Cap Cana. Eden Roc Hotel at Cap Cana becomes the 1st hotel in Dominican Republic to join the Relais & Châteaux organization and makes its entry to the “Hot List” of new hotels by Conde Nast Travelers. Additionally, it received a special recognition in the Boutique Hotel Awards Ceremony. AlSol Luxury Village, the condo hotel operated by AlSol Hotel and Resorts located in Marina Cap Cana, receives the 4 Diamond award by AAA.

In 2014 the construction of the AlSol Tiara Cap Cana was started within Marina Cap Cana, with a total investment of 26 million dollars. Solaya Hotels & Resorts, the owner of Eden Roc Hotel at Cap Cana, invests 14 million dollars in Caleton Beach Club to renovate the property. Turner Broadcasting System and HTV announced Cap Cana as the host venue of the HEAT Latin Music Awards. Eden Roc Hotel reaches the No. 1 position in the Punta Cana Hotels Ranking by Tripadvisor.

In 2015, Sanctuary Cap Cana by AlSol reopens under new ownership. Eden Roc Hotel at Cap Cana starts its expansion with an investment of 15 million dollars. AM Resorts begins the construction of Secrets Cap Cana Resort, a 457 rooms beach front hotel in Juanillo Beach, with an investment of 140 million dollars. Los Establos, an equestrian center and real estate project is launched. Just a few weeks after its official launch, it hosted the Paso Fino World Championship and the DR Polo Challenge. Cap Cana hosted the HEAT Latin Music Awards. The show was broadcast to 72 million viewers in America. Logroval Construction Company starts the construction of 7 Mares Tower, with an investment of 32 million dollars. Opening of the AlSol Tiara Cap Cana.

In 2016 Secrets Cap Cana Resorts starts its operations (450 rooms beach front hotel). Consorcio Remix launches Il Lago at Cap Cana, a lake front apartments project, with an estimated total investment of 60 million dollars. U.S. News & World Report, AAA and Tripadvisor ranked all hotels operating inside Cap Cana within the top places of Punta Cana area and the Caribbean. Cap Cana hosted the HEAT Latin Music Awards. The show was broadcast to 72 million viewers in America.Electric Paradise Music Festival with 15 thousands attendees the festival became trending topic and made headline in local news. The first edition of the FCBEscola Las Américas International Tournament featuring 28 teams from Barça’s soccer schools around the world takes place at Los Establos. A major milestone is achieved with the arrival of the first cruise to Cap Cana.

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.

Punta Espada Golf Course[edit]

Jack Nicklaus Signature Hole

Of the golf courses to be developed at Cap Cana, three are exclusive Jack Nicklaus signature designs.[3]

Punta Espada is the very first golf course.[4] Eight holes play along and over the sea. The Cap Cana Championship is televised internationally through the Golf Channel and its license-holding subsidiaries.

A Caribbean style facility, Punta Espada Golf Club includes a concierge service to assist with travel, entertainment, private dining room, signature restaurant, members' trophy gallery, library, meeting room, and equipment repair service.

Scorecard[edit]

Punta Espada - Scorecard

Cap Cana Heritage School[edit]

Cap Cana Heritage School.jpg

Established in August 2007, Cap Cana Heritage School (CCHS) is an American-based English private school located in the planned resort and residential community of Cap Cana, in La Altagracia, the eastern most province of the Dominican Republic. The School is the third educational institution of Educacion Integral, a well known organization with over 30 years of educational success. CCHS consists of a preschool program (ages 1–5), an elementary program (grades 1-5), and middle/high school program (grades 6-12). Students arrive from townships spanning 25 miles including Bavaro, Cabeza de Toro, Cap Cana, Punta Cana, and Uvero Alto. The School community is culturally and internationally diverse with 24 nations represented. Most student families are from the Dominican Republic, followed by Spain, the United States, and Venezuela. Approximately 90% of CCHS students live in dual parent households where two or more languages are spoken. Spanish is most often spoken, followed by English. Tourism and related support industries are the primary employers in the community. CCHS is recognized by the Dominican Republic Ministry of Education and is a candidate for SACS accreditation. The School is a member of the TRI Association, the Association of Columbian- Caribbean American Schools (ACCAS), and the Inter-Regional Center. Association of Colombian-Caribbean American Schools (ACCAS)

Marina Cap Cana[edit]

Marina Cap Cana is the cornerstone of the Project, designed so that when finalized it will be the most modern and complete marina of the Caribbean. El Gran Canal (with 60 meters wide and 5 meters deep) is the center around which there will be luxury stores, fine restaurants and five star hotels.

It is being built in 3 stages. Upon completion of the 3rd stage it will have a capacity for over 1,000 vessels. There will be maintenance services and port and customs authorities on hand. On April 2007 the first stage of the first phase was inaugurated and there are presently facilities to receive 89 vessels of up to 150 ft.

The excellent location, next to the Mona Channel, one of the five best fishing spots in the world, puts it in an envious position in relation to the rest of the Caribbean due to its proximity to the coast and the length of the fishing season (March to October).

Coordinates[edit]

LATITUDE: -18° 29′.858″ LONGITUDE: 18° 29′.858″
Marina Cap Cana - LATITUDE: 18° 29′.858″ LONGITUDE: 18° 29′.858″

Depth at low tide[edit]

The depth is 8 ft considering low tide.

VHF Channels[edit]

VHF Channel: VHF72 & VHF16

References[edit]

  1. ^ Calderón, Álvaro; Mortimore, Michael; Peres, Wilson; Razo, Carlos; Tavares, Márcia (January 26, 2010). Foreign Direct Investment in Latin America and the Caribbean 2008 (Paperback; 2010-01-26 ed.). Santiago, Chile: United Nations. p. 126. ISBN 978-92-1-121702-5.
  2. ^ Cana, Cap. capcana.com. Cap Cana http://capcana.com/our-company?iframe=true. Retrieved 9 August 2017. Missing or empty |title= (help)
  3. ^ "Nicklaus Design". nicklaus.com. Archived from the original on 2008-08-04.
  4. ^ Week, Golf. "Golfweek's Best: Caribbean & Mexico Courses, 2014". golfweek.com. Golf Week. Retrieved 15 July 2014.

External links[edit]