Project Opportunity: Embarcadero Plaza
Embarcadero Plaza and Tourism Development
Tourism - Mixed Use Development
San Ignacio / Santa Elena - Cayo District
The project focuses on the development of Embarcadero Plaza located in the heart of San Ignacio Town near the Cayo Welcome Center.Currently, the first and second floors of the property are leased out to various commercial tenants and the opportunity exists to enhance the local tourism product by developing the third floor with apartments / hotel rooms to accommodate the rapidly growing overnight tourism market.
The project developers have also entered into a Memorandum of Understanding (MOU) with the San Ignacio / Santa Elena Municipalities seeking to develop a deck along the banks of the Macal River, including a historic riverwalk, business kiosks, a water park, a multi-landing zipline as well as a waste water treatment area.
Total Est. Capital Investment:
Total Est. Capital Required:
Estimated Return on Investment:
Preferred Sources of Capital:
Equity / Debt / Other
Preferred Mode of Investment:
Joint Venture Partnership / Sale