Diversity and mixed use environments
One of the great development opportunities in La Paz is the diversity of product that we can offer to prospective clients.
We call these ¨Mixed Use Environments¨ and they are truly diversified.
This phrase is not new, but what it means is new, it is an evolutionary change. For years, this simply meant that the client would be in a Vacation Resort environment, that offered a full ownership Condominium product, a Fractional Ownership Condominium product, a conventional time share product and a regular hotel product.
Great for the developer! Not so great for the client.
For the Developer it meant that they were maximizing their marketing costs and had a higher client efficiency because there was always money being spent on one of the products available.
To the client however, the end result was an ownership in this mixed use environment that did not have any focus, or certainly did not focus on their needs. For example, it was not uncommon for guests who were renting at $200.00 per night, to share facilities with owners of Time Share weeks, who paid much more for their accommodation.
The next step was to offer ´value added features´ to for the time share owners and fractional owners. This added a level of services to for the owners that had paid more for their inventory, but it still all took place in a very busy, very high density environment, crowded pools, restaurants and beaches became part of an ownership, which was once defined as private and intimate.
As the vacationing population has a much more diversified schedule, so must the development offer a much more diversified schedule.
New Developments in La Paz will feature mixed use environments in much smaller ´clusters´. One area would be a boutique style hotel, with their own amenities including many services, and their own grounds and access to the beach. Another area, would be for the Shared Ownership owners, offering amentias more suited for clients staying three or four months. The third, the Condominium portion of the project, would offer services conducive to a the needs of full ownership clients. The fourth, single family dwellings, would offer different sets of amentias.
So development in La Paz, will offer true mixed use environments that are much more spacious, and offer amenities suited and designed specifically for that owners needs.
