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Third Go At Riviera Maya Real Estate Project

12 September, 2012

Plans for the Akumal Golf and Country Club,a controversial Riviera Maya real estate project,have been presented for environmental approval,for the third time.

The project was originally presented to Semarnat,the Mexican government's environmental agency,in February 2007.

Opposition from locals and concerns about the environmental damage it could cause to the fragile local ecosystem led to its rejection on two occasions already.

The new plans seek to reduce the ecological impact by reducing the density of construction.

The original plans included 6,848 homes,whereas the latest version has 6,352. The "mega-complex" also includes two 18-hole golf courses.

The Riviera Maya real estate project's developers, Desarrollos DineBela Trust and Grupo Azul Caribe,plan to construct on 1,221 acres (494 hectares) of Akumal real estate,roughly halfway between Tulum and Playa del Carmen.

They say they will invest around $27.7 million in the development over 15 years.

After the first design for the Akumal Golf and Country Club was rejected in 2007,changes were made to the environmental impact plan and the developers presented it for approval again in 2009,but once more it was declined.

This time,the revised plans were presented in February 2010 and Semarnat launched a public consultation in March.

A public meeting with a presentation of the new Riviera Maya real estate plans was held last month and a decision on the project's future is expected soon.

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