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San Miguel De Allende's first five-star property begins setting foundations (Mexico)

San Miguel De Allende's first five-star property begins setting foundations (Mexico)

Category: North America & West Indies / Carribean islands - Mexico - Industry economy - Hotel projects
This is a press release selected by our editorial committee and published online for free on 2008-12-26


Rosewood San Miguel de Allende and Artesana Rosewood Residences Continue Construction on Schedule

Bald Mountain de Mexico’s new luxury resort in San Miguel de Allende, Mexico announced that it has begun constructing the foundation of the project, with vertical construction scheduled to begin in early summer 2009. Opening in late summer 2010, Rosewood San Miguel de Allende will combine an intimate ultra luxury resort, private residences and a spectacular spa with the charm and culture of San Miguel de Allende, a historical colonial town located in the mountainous state of Guanajuato in central Mexico. www.artesanaresidences.com. CarVal Investors, a global investment management firm founded in 1987, is a leading investor in the property. CarVal Investors has $9 billion in assets under management and has been a first mover or early entrant across the globe, managing investments in 46 countries.

“We are pleased with this milestone and the continued construction progress of The Rosewood San Miguel de Allende and the Artesana Rosewood Residence,” said Scott Writer, principal of Bald Mountain de Mexico. “It is truly exciting to watch this unique new resort take shape and come to life.”

Located within downtown San Miguel de Allende, Rosewood San Miguel de Allende will present 63 beautifully appointed guest rooms, including 15 deluxe guest rooms, 46 spacious suites, and two multi-bedroom presidential suites encompassing more than 1,700 square feet each. All rooms will have luxurious amenities such as fireplaces, balconies and private outdoor terraces, many of which will include plunge pools. The resort will also feature Sense, A Rosewood Spa™ which will provide guests one-of-a-kind ambience, style and attention to detail. Food and beverage offerings will include casual and fine dining restaurants, a rooftop lounge and tapas bar, and a wine and tequila cellar, which will be available for intimate private dining.

The resort, which will define luxury in San Miguel de Allende, will also include some of central Mexico’s most unique residences, the Artesana Rosewood Residences, which will be available for sale in 2008. Crafted by local artisans with the look and feel of Old San Miguel, the residences will capture the historical essence of Mexico’s most beloved town. There will be two-, three-, four- and five-bedroom residences, ranging from 1,800-square-foot casitas to 7,500-square-foot villas. Residents will have full access to all resort amenities.

Bald Mountain de Mexico SRL (BMM), is a mixed-use development company based in San Miguel de Allende. The Bald Mountain team has impressive experience in resort, residential, environmental, and commercial real estate development. In each discipline, Bald Mountain de Mexico provides seasoned leadership and experienced, professional employees working within a tested and organized administrative system.

A Bald Mountain de México S. de R.L. de C.V. project, Artesana Rosewood Residences is not owned, developed or sold by Rosewood Hotels & Resorts or any of its affiliates. Neither Rosewood Hotels & Resorts nor any of its affiliates assume any responsibility or liability in connection with the project. Bald Mountain de México S. de R.L. de C.V. uses Rosewood Hotels & Resorts’ marks pursuant to a license agreement with Rosewood Hotels & Resorts, LLC. This is not an offer to sell to, or a solicitation of an offer to buy from, residents of any state or province in which registrations, restrictions or other legal requirements have not been fulfilled. This advertisement is void where prohibited by law. Improvements, facilities and programs are in formative stages, and there is no guarantee that they will be completed or developed. Services and amenities subject to change without notice. Playground México S. de R.L. de C.V. is the exclusive listing agent for Artesana Rosewood Residences.

Warning: The California Department of Real Estate has not examined this offering, including, but not limited to, the condition of title, the status of blanket liens on the project (if any), arrangements to assure project completion, escrow practices, control over project management, racially discriminatory practices (if any), terms, conditions, and price of the offer, control over annual assessments (if any), or the availability of water, services, utilities, or improvements. It may be advisable for you to consult an attorney or other knowledgeable professional who is familiar with real estate and development law in the country where this subdivision is situated.



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