Costa Canuva (Capomo) development announced for Riviera Nayarit
“What was once Costa Capomo is now Costa Canuva—and the project is on,” assured the Governor in reference to the master-planned community of Costa Canuva, located in the municipality of Compostela. With an estimated investment of MEX$36 billion by Portuguese company Mota-Engil, the project will generate six thousand direct jobs and another 18 thousand indirect jobs.
“Today we’re announcing the creation of seven thousand new rooms between the residences, apartments, condominiums and hotels; and we have made the commitment to remove any obstacles [to the project]. This is the first new development created by the Government of the Republic in the Riviera Nayarit,” said Sandoval Castañeda, who pointed out the excellent Ochoa-Norman collaboration was only missing the best development in the world—the Riviera Nayarit.
“We’re celebrating this joint effort between Mexico, Portuguese and North American enterprise and distinguished Mexicans, and we’re congratulating ourselves on this very important, very powerful investment that will contribute to the development of Nayarit as well as that of the Mexican people,” announced De la Madrid Cordero.
“Costa Canuva is a seaside community that will include five luxury hotels, over 2,500 residential units and a beach club,” commented Rafael Lang, CEO of Mota-Engil. “I’m also very pleased to announce today the first hotel will be part of the Fairmont group.”
The 18-hole PGA-category golf course will be built across 71 hectares; two holes will be parallel to the ocean and another two will have extraordinary views. It will be the first golf course ever co-designed by ex-golfers Lorena Ochoa of Mexico and Australia’s Greg Norman.
“This is a dream come true for me,” said Lorena Ochoa. “This is the first golf course with my name on it in Mexico or anywhere the world, and I’m extremely excited and proud. It’s in the perfect location, really ideal, and I’d love for my children to grow up there.”
Construction will begin soon; the first stage is expected to be finished by 2017.