One of the most ambitious residential projects ever undertaken in the Caribbean, Cap Cana is on track to have it’s Jack Nicklaus signature golf course completed on schedule, by October 2008.
The $1.5 billion residential golf project bills itself as “the World’s Next Great Destination”: although Donald Trump might disagree if he manages to get his Scottish version underway.
The Las Iguanas golf course is an integral part of the development’s first phase with Frontier Golf supervising its construction. In executing Nicklaus’ plans for Los Iguanas, Frontier Golf joined a team of international professionals on the development, including club operator Troon Golf.
Construction of Las Iguanas began in June 2007 and is about 25% complete, putting them well on track to open as planned early 2009. Jack Nicklaus made his first site visit in November. He inspected all 18 holes, set forth the design strategy and provided detailed sketches of six putting surfaces and surrounds. For its part, Frontier Golf expect to complete the course-construction portion of the estimated $40 million Las Iguanas project by November 2008. Frontier Golf expect to move almost one million cubic meters of rock. Some 35% of that has been unearthed since June 2007.
The Cap Cana development includes a state-of-the-art Marina surrounded by three stories residences with four bedrooms, living room, family room, fully equipped kitchen, terrace and swimming level, utility and laundry area, interior elevator, two covered parking spaces, one parking area for golf cart, common green area, and access to Cap Cana’s Marina pier.
The entire development is 30,000 acres of prime Caribbean waterfront with 3.4 miles of unspoiled beaches. Ritz-Carlton are building a 220 room resort called â’Residences at The Ritz-Carlton, Cap Cana’ which will include a 16,000 sq ft Spa, a private beach club along with restaurants and lounges. The entire development is rumored to be costing $1 billion.