Cachet Hospitality Group (CHG), together with the owner and development partnership led by Cabo Villas Group and Spa (CVBR), announced today the closing of the construction loan from Sabadell Bank as lead agent for construction of a 204-room Cachet Deluxe Tower in Los Cabos, Mexico. The loan closing will allow the project to begin demolition of the existing Cabo Villas building and start vertical construction of the Deluxe tower. Set to debut in Q1 2019, the resort will complete the dual-branded Cachet Corazon resort project in Los Cabos, Mexico.
“The Cachet Corazon resort is actually a significant development for Sabadell, Cabo, as well as the whole tourism industry in Mexico, a game-changer project combining a sophisticated hotel business model and meticulous know-how of luxury hospitality management,” said Manuel Muñoz, Real Estate Structure Finance Sabadell. “For Sabadell and our entire bank group, we are proud to partner with Cabo Villas Group and Cachet on this exciting project and anticipate seeing their success. With the financing of projects like this one, we carry on and consolidate a steady and solid expansion of our operation in Mexico.”
With stunning panoramic views in the Sea of Cortez, Cachet Corazon is located on the famous Medano Beach, within walking distance to the Cabo San Lucas Marina, the Puerto Paraiso Mall, and multiple nightlife and entertainment venues downtown.
“We are extremely excited the financing for the project has closed and demolition and vertical construction are underway,” said Christopher Erickson, developer of CVBR. “This can be a long time in the making along with a true collaboration and team effort between our amazing staff, ‘La Familia Cabo Villas’, the neighborhood community and also the Cachet Hospitality Group. Our company is very proud to deliver this iconic project to main beach Cabo as well as to our loyal member base.”
Imagined by Cachet Interior Decorating and architect Rabago Architects & Consultants, Cachet Deluxe Hotel combines Mexico’s rich culture and history with all the modern spirit unique to Cachet Hotels. The bespoke hotel rooms represent an eclectic mix of local folk art, cultural patterns and bright colors, with a nod to the Baja’s sea and beach life.
The new tower includes 204 guestrooms and suites and therefore are configured to be able to provide guests with the authentic and intimate beachfront resort experience. Guestrooms will feature state-of-the-art technology and entertainment in addition to private terraces, some of which will incorporate outdoor Jacuzzis.
Cachet Deluxe Corazon will certainly be a social culinary haven, offering unparalleled East Meets West experiences in Cabo ranging from fast casual to fine dining. From the West, CHG’s Mediterranean-inspired all-day dining Laris Kitchen and Bar and Stonehaus Bar will tantalize guests with seafood, cocktails and extensive wine lists.
From your East, CHG will bring Philipe by Philipe Chow, the luxurious, award-winning Chinese fine dining experience, for the Deluxe Tower. Identified by Zagat since the “Best Chinese,” Philipe by Philipe Chow’s undertake Beijing-style cuisine reinvents Asian fine dining and definately will delight guests and locals alike.
CHG will also bring Wahlburgers, the greater burger restaurant brand founded by Chef Paul Wahlberg and celebrity brothers Mark and Donnie Wahlberg to Cachet Corazon.
A genuine fully integrated resort experience, prnewswire.com is a social and events destination, filled with over 20,000 sq . ft . of outdoor and indoor meeting and event facilities, perfect for group events and weddings of any size.
“We are very honored to partner with leaders who may have decades of information within this market,” said Meredith Gelacak, President of Operations – Americas, CACHET Hospitality Group. “As lifestyle travel mokgsd to thrive, CACHET Corazon will serve the distinctive needs with this market through curated world class entertainment, content and social experiences.”
Cachet Deluxe tower will complete the dual-branded Cachet Corazon resort development project and definately will join the already-operating Cachet Beach Hotel, Cachet Beach club and ALETA restaurant. Christopher Erickson, developer of CVBR, reflected on the finished stages from the development: “We are pleased to be aware that entire beachfront phase in the property had been totally remodeled. The Cachet team works closely around so this area will always be open for occupancy and drive revenue and momentum during construction. Combined with an all new lobby and sensation of arrival, fully remodeled pool area, completely new beach club and beach restaurant, we have been giving everyone a ‘taste’ of the items is always to come.”
Since opening in January with this year, Cachet Beach Hotel has redefined beach chic for the modern traveler, boasting 77 swank guestrooms, three breezy wet areas, as well as a revitalizing spa. Nestled on Medano Beach, The Cachet Beach club is actually a temple for your laid-back lifestyle during the day along with a hot nightlife oasis by night. Having a striking take a look at beautiful Medano Beach and the Sea of Cortez, ALETA Seafood Bar & Grill is the perfect location for relaxing and savoring the flavors of Cabo.
Featuring a wide open kitchen and also the feel of any seafood market, ALETA offers fresh seafood caught daily by local fishermen. Diners choose their fresh catch and choose how they want to buy prepared: fire grilled, steamed or fried. To begin with, the sushi and raw bar serves up a delicious selection of made-to-order sashimi, rolls, oysters, local clams, ceviches as well as other seafood delicacies. ALETA also features a wood-burning Josper oven, which creates unique, rustic flavor profiles. The restaurant’s award-winning chef has produced a menu that highlights all that Cabo has to offer, showcasing local products and traditional Mexican flavors in simply-prepared dishes guaranteed to please everyone.