Tu­lum In­vest­ments

The Playa Times Riviera Maya's English Newspaper - - News In Brief - BY JOE MALDONAD

Even though the pro­ceed­ings for the Riviera Maya In­ter­na­tional Air­port in Tu­lum were or­dered to stop in 2011, in­vest­ments for­merly paused have started up again. There are no plans to con­tin­ued with the air­port at this time.

In March of 2010, then Pres­i­dent Felipe Calderón Hi­no­josa, an­nounced the con­struc­tion of the Riviera Maya In­ter­na­tional Air­port, dur­ing a trip in Tu­lum.

The project was con­sid­ered a boon for the growth of Tu­lum, which had been an in­de­pen­dent mu­nic­i­pal­ity for two years.

Os­car Conde Canto, trea­surer of the city of Tu­lum, ex­plained that this pause in the de­vel­op­ment of the air­port put ex­pec­ta­tions on hold. He added that the at­trac­tions of the area have re­gen­er­ated growth, and var­i­ous real es­tate and ho­tel projects are at­tract­ing new in­vestors.

In fact, to date more than $500 mil­lion dol­lars has been spent in build­ing the Se­crets Aku­mal ho­tel, and $300 mil­lion dol­lars for ex­pand­ing the ho­tel Bahía Príncipe.

Os­car Conde said that in 2016, prepa­ra­tions will be made for other types of tourism in­vest­ments in Tu­lum. One such project is the com­mer­cial­iza­tion of a lo­ca­tion be­tween Punta Solimán and Xel-Ha, where a lux­ury ho­tel is planned.

He also men­tioned that var­i­ous ho­tels are also plan­ning to ex­pand. Tu­lum cur­rently has 8,500 ho­tel rooms, ac­cord­ing to the Di­rec­tor of Tourism, Jorge Por­tilla Man­ica; it is hoped this num­ber will reach 10,500 next year.

In the case of the real es­tate sec­tor, Os­car Conde an­nounced that con­struc­tion is to be­gin on a res­i­den­tial com­plex of 100 units.

For the time be­ing, there are also plans to build so­cial hous­ing units, and that the one that cur­rently ex­ists, Las Pal­mas, will con­tinue to grow.

La Veleta colony in Tu­lum is just one of the ar­eas that de­vel­op­ers are in­vest­ing in / Photo: Riviera Maya Prop­er­ties

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