This past Memorial Day Weekend saw the inauguration of Rocky Point’s newest beachfront development. With many residents, state, and local officials present, the ribbon was cut on the recently completed sales center for the Encántame Towers project.
The project is the first new development to get underway in town in 12 years. MG Development, headed by Miguel Guevara and Mary Snyder, is known for a long string of successful projects, including Princesa Resort, the Sonoran Sea and Spa, and Puerta Privada. MG Development is also currently constructing a commercial center in Rocky Point that will include a new multiplex cinema.
On site rental services for owners, and property management will be handled by Casago Reservations. “We are excited to partner with the team at Encantame, and to work with each condo owner” said Casago CEO Steve Schwab. Along with Encántame Towers, Casago has also been designated to exclusively handle rentals at MG Developments project Real Center in Guadalajara.
Other invited guests included Jorge Vidal Ahumada, Secretary of State Economy, Rocky Point Mayor Ernesto ‘Kiko’ Munro, and Terencio Gutiérrez Valenzuela, Secretary of the City Council.
Guests were able to view an on site, furnished 2 bedroom floorplan representative of the finishes and materials to be used in Encántame Towers. The Sales Center is located at the turn off and new round about along Sandy Beach and it’s resorts.
Construction on the project is now underway. Sales were first made available for tower number one at an event this past October. Almost 50% of the units were sold at that point, underscoring the interest from the market. Delivery is expected to begin by Fall of 2020.
Encántame Towers is locate on Playa Encanto, approximately 15 minutes to the east of Rocky Point. The finished resort will be comprised of 3 towers, reaching a hieght of 24 stories, a first for the town. The project will feature a well liked restaurant from Guadalajara, Santo Coyote. The resort will also offer the only bowling alley in Rocky Point!
For more information on Encántame towers – https://encantametowers.com/project/
Miguel Guevara of MG Development spoke to guests about how the project was over 14 years in the making.
“We asked, is Rocky Point ready again? And every year was like, ‘no, I dont think so’. And last year, after the economy booming in the United States, all the Mexican destinations are booming – Puerto Vallarta, Ixtapa, Mazatlan, Cancun. Things were going well. We reviewed the Lukeville crossing numbers. In 1995, we had 900 crossings every year. When we started the Sonorans, we used to have a little bit over a million crossings every year. The best times were 2008, when we had 1.3 million. That was the best time for Rocky Point. And then we sank into the 500,000 of 2011. So there was nothing we could do then. Since then we have had 7 straight years growing. And last year for the first time since the crises, we passed the 1,000,000 crossings. Then imediatly we said, ok we are ready to come back.”
Mr. Guevara explained that a world tour of sorts was undertaken to understand what the most current styles were in projects in other major destinations like Dubai, and Singapore.
Mayor Kiko Munro commented on his personal experience with Miguel Guevara. “He’s going to come up with a very good, quality product. And of course that is going to spread the word that Penasco is more active than ever, that it is alive, and that we are ready to receive many more people and investments.”
The Mayor mentioned that starting Dec. 7th, Rocky Point will become the first cruise ship home port in Mexico.