13 Apr 2007 1:35 PM:
Hi Patrick, we went out to site just before Easter. Just so you and others know, according to Daniel, the development has been inspected by the local officials, but Grupo C had to make a second application regarding the low fence now skirting the edge of the embankment, putting back the grant of the habitacion licence 'by 30 days'.
We also asked him about the course and the hotel, etc. The course will remain a 9 hole course for at least the next 2 years - it will take that long for the relevant permissions to be granted and the remaining 9 holes to be built. The hotel doesn't look like it is going to go ahead as proposed. Apparently a new 200 bed hotel has been approved at the racetrack and negotiations on building the CDA hotel have stalled as a result. They haven't ruled it out, but ambitions in this area look like they are being scaled down. The temporary clubhouse/restaurant was more or less completed on our last day. The promoters are staying on site permanently, based at the main clubhouse when it is finished.
Overall though, we think things are still looking good for the future of the site.
Steve & Jan
This message was last edited by madeleine on 4/13/2007.
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