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Nov 12, 2015

Caye Chapel Set for World Class Golf Course and Luxury Resort

Caye Chapel, an exclusive property, is on its way to becoming home to a world class golf course. The island was acquired by a Mexican group of hoteliers last December after being on the market for some time; they will be investing two hundred and fifty million dollars to upgrade the facilities. The two hundred and sixty-five acre island is located ten miles off the Belize City coast and already boasted an eighteen-hole golf course. But the new owners are going bigger and have brought in Australian Greg Norman, a well-known Open Championship Winner, to move the project along.  News Five’s Isani Cayetano was on the island today when Norman unveiled the plans for Caye Chapel.

 

Isani Cayetano, Reporting

Australian professional golfer Greg Norman, along with an entourage of enthusiasts, arrived on Caye Chapel this morning.  The two hundred and sixty-five acre private island, among the foremost pieces of real estate in Belize, is being developed into a world class tourist destination.

 

Jaime Fasja, Developer

“Caye Chapel will be the most exclusive and spectacular tourist destination in Central America.  The hundred and fourteen hectare island located only eighteen kilometers away from Belize City will offer breathtaking lots and beachfront houses, a luxury hotel with over-water bungalows that are unique in this part of the world.”

 

Since being purchased by a leading Mexican luxury hotel development group in 2014, plans have been underway to transform Caye Chapel into a golfer’s dream.  To achieve that end, Abraham Roffe and business partner Abraham Saade have enlisted the services of Great White Shark Enterprises, famous for having designed many of the best golf courses in the world.  The multinational corporation is headed by Greg Norman, two-time Open Championship Winner.

 

Greg Norman

Greg Norman, Professional Golfer

“We are here for a specific reason but the decisions we make on the golf course are going to impact everything that happens within the development.  So we work extremely closely with the developer, with the land planner, even with the government officials to make sure that the impact is zero, number one, but the outcome is something where people will come to this destination and come to Belize to experience what Caye Chapel is all about.”

 

What the island is intended to be is the country’s first luxury resort.  Abutted on the windward side by the barrier reef and Caye Caulker just a short plane or boat ride north, Caye Chapel is ideal for the golf and tourist lifestyles.

 

Jaime Fasja

Jaime Fasja

“The private landing strip that allows for arrivals within minutes to the island that come from international airports, an outstanding yacht marina that holds yachts up to one hundred and forty feet surrounded by a select mix of stores, restaurants [and] bars that will create our village.  And a golf course with no match that only an island like Caye Chapel can offer.  Caye Chapel island is just one kilometer away from the second largest coral reef in the world and just a few kilometers away from the Blue Hole, the most coveted place for diving lovers.  Once Caye Chapel opens its doors it will allow those who visit this idyllic and exclusive resort to enjoy an unparalleled offer to unique attractions worldwide.”

 

To do so, the Government of Belize must first approve the master plan, including all its accompanying blueprints pertaining to the mammoth undertaking and its potential environmental impact.  Minister of Tourism Manuel Heredia, a member of the Cabinet Subcommittee gives the project his blessings.

 

Manuel Heredia

Manuel Heredia, Minister of Tourism

“We have really looked at your project and believe that it will be, it will materialize and this subcommittee reported to Cabinet that we support your project and I’m sure that after your EIA is completed we will be able to give a final blessing.  And now we bring a guy that is an expert on the environment, Dr. Omar Figueroa who is along with us and I am sure that together we will be able to make your project a reality.”

 

The initial investment of approximately two hundred and fifty million dollars is rather significant.

 

Jaime Fasja

“The project is being developed by three top Mexican groups; Thor Urbana Capital, Inmobilia and GFA.”

 

Tracy Taegar-Panton

While its financiers are undoubtedly expecting a return from such a huge venture, government is equally concerned about economic and employment opportunities for Belizeans.  Minister of State in Investment, Trade and Commerce Tracy Taegar-Panton:

 

Tracy Taegar-Panton, Minister of State, Investment, Trade & Commerce

“We are committed to facilitating important investments such as this one that will happen here on Caye Chapel.  We are confident that as partners you would be able to see a meaningful return on your investment but also that we will be able to create opportunities for many Belizeans.  For that we are grateful.  I look forward to working with you very closely and working very closely with the investment group.”

 

The project will remain in its conceptual phase for the better part of 2016 pending the necessary clearances.  Construction is set to begin immediately thereafter. Reporting for News Five, I am Isani Cayetano.

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