Dominican Republic Developer Closes Almost $100 Million in Sales in One Day

Released on: May 21, 2008, 6:26 am

Press Release Author: Kia Zalewski

Industry: International Trade

Press Release Summary: Downward Economy? Not for Residential Resort Costa Blanca by
Group Metro.

Press Release Body:

Miami,FL, May 21, 2008 -- Last weekend, Costa Blanca - the billion-dollar project of
renowned Dominican Republic developers Group Metro, held their launch event with two
days of spectacular celebrations in Santo Domingo and Juan Dolio. The project was
received by the Dominican Republic and international press with great enthusiasm and
unquestionable success.

Costa Blanca, an impressive undertaking that will span across 300 acres of land and
coastline in Juan Dolio, will encompass a mega-yacht marina, marina village with
retail and commercial space, ten condominium towers, 52 private villas, a tennis
village, clubhouses for both tennis and golf, a secured, private beach, and the
first signature Greg Norman PGA golf course in the country. The highly-anticipated
development will set new standards of luxury in the area, and will bring forth a
modern spin on private, high-end communities. With top architects and designers at
the helm, residents will find villas with open-air spacing to showcase their
wrap-around pools, condos where each and every owner is afforded unobstructed
water-front views, and an assurance that every aspect and step of the project is
environmentally sound and positively affects the region.

The weekend began with a press conference at the historic Embajador Hotel in Santo
Domingo with Greg Norman, legendary golf icon, Steven Ankrom, Vice-President of
Sales for Costa Blanca and Doctor Luis Jose Asilis, CEO of Group Metro. Greg Norman,
"The Great White Shark," whose namesake and expertise is behind this ground-breaking
course, greeted the press and spoke of his excitement and great faith in Costa
Blanca. "Golf has shown tremendous growth in this part of the world and I am very
glad to be a part of this absolutely magnificent project," stated Mr. Norman before
congratulating Dr. Asilis. Mr. Norman also commented on the current state of the
economy and how it related to Costa Blanca, " In many ways, golf and golf course
design are economic indicators; we've seen it slow in the United States , but not in
the rest of the world. New projects must have amenities that capture the imagination
of everyone, and that is exactly what is taking place here." Executives of Costa
Blanca who are thrilled and excited to create "the first luxury, high-end golf
project on the ocean in Juan Dolio," spoke of the numerous economic advantages and
various job opportunities Costa Blanca will create for locals of the Dominican
Republic. When asked about his vision for Costa Blanca, Mr. Greg Norman answered,
"First, you look at the 'least-disturbance approach', which works perfectly with
this development. Our duty is to build the best golf course we can, in the best way,
with the best value. It's not very often that we get the opportunity to build
directly on the ocean. From a golfing perspective, when we have the ability to put
nine holes on the ocean, it is a very unique opportunity."

After the press conference, Mr. Norman entered the grand ballroom, where the
glittering launch gala was already underway with VIP's and press excited to learn of
the project's details. Complete with a five-piece string quartet, Costa Blanca
lounges, and a white décor theme to showcase the beach atmosphere and luxury of the
project's design, the grand event introduced 1000 of the Dominican Republic's VIPs
and tastemakers to Costa Blanca. Greg Norman made a presentation to the audience and
re-visited his excitement over the "amazing transformation that will take place over
the next eighteen months."

The following day, the Founder's Club - made up of 52 elite individuals who secured
reservations as the very first buyers at Costa Blanca, gathered at the
invitation-only Founder's Club Reunion. These members had an early invitation to
reserve a spectacular one-time package that included a private villa, two
condominiums, a slip in the marina, golf membership for life, and private access to
The Lighthouse Lounge and Clubhouse. The event took place onsite in beautiful
outdoor tents and allowed the Founders to drink and relax while they surveyed the
plots of land that would become the site for their private villas. In a unique and
exciting format, Founders were able to choose the individual piece of land for their
villa, as well as the condo units they desired, according to the order in which
their reservation was received. With law firms onsite to advise and offer guidance,
Costa Blanca closed almost $100 million dollars in sales on Saturday alone. Members
of the Founder's Club congratulated each other and toasted their new neighbors with
champagne and cigars.

With the immense success of their opening weekend and almost $100 million dollars
closed in sales, Costa Blanca has proven that the real-estate market is still
thriving and that the Dominican Republic is one of today's hottest investments.

For information, please visit or call their sales office at
Media inquiries, please call Kia Zalewski at 305-572-9883 x 306 or
Press Release Distribution By PressReleasePoint(

Media Contact:
Kia Zalewski
Costa Blanca
305-572-9883 x 306

Web Site: http://

Contact Details: Kia Zalewski
Costa Blanca
305-572-9883 x 306

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