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 Puerto Vallarta Real Estate | March 2008 
Ex-Yahoo CEO Presents El Banco Concept at AMPI Riviera - Nayarita Meeting
 PVNN
| | Alexis Burwell of La Punta Realty, Tere Kimball of Prudential and Tim Koogle of El Banco | 
| | Koogle says that their vision for El Banco is to leave as much of the 100-plus pristine acres as natural as possible. | | |
It is my intention to create a place that others will, hopefully, enjoy for years to come.
- Tim Koogle
Tim Koogle, former Yahoo CEO, and now the developer of El Banco Estates, presented his vision for the development of El Banco at the project location in Punta Mita.
Koogle made the presentation to 45 real estate professionals attending the AMPI Riviera-Nayarita monthly breakfast meeting on March 6th, hosted by La Punta Realty, the exclusive representative for the El Banco project.
Koogle said, "My wife, Pam, and I have fallen in love with both the Puerto Vallarta area and Central Mexico. Pam, who is my partner in life and business, and I selected a world class, bi-cultural design team who could create an entirely new classical Mexican architecture, which we call now 'New World Spanish Colonial."
After three years of careful planning, Tim Koogle and Pam Scott-Koogle believe that El Banco represents an entirely new celebration of classic Spanish architecture. The development will blend new architectural elements with open arches, a restrained elegance and timeless materials. Tim noted that the project has required the best of Mexico's long tradition of artisan craftsmanship provided by some of the country's finest stonemasons, wood-carvers and iron workers.
The project is designed to complement the site's extraordinary natural features: rolling hills and a spectacular beach frontage. Tim and Pam have focused on simplicity as a guiding principal in creating a community in perfect balance with its surroundings. El Banco stands as one of the most luxurious - and ecologically conscious - boutique projects within Mexico.
The four areas of luxury living are El Banco Estates, Beach Villas, Casitas by the Lake, and Villas by the Park. Two of the most important features of the project are a desalinization water plant and underground infrastructure.
Koogle says that their vision for El Banco is to leave as much of the 100-plus pristine acres as natural as possible. Even upon completion, wide-open landscaped areas with plants native to the region will stretch in all directions.
The project is now under way with the very first two estate homes each priced at $6.2 million USD.
For more information on A.M.P.I. Riviera - Nayarita, call Elena at El Grupo de Bienes Raices (329) 298-1212 or for AMPI Vallarta call Tom Carota at (322) 223-5511. |
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