New Photos - Thanks Laurel

Laurel has just returned from Terrazas and is the latest to contribute photos to this site. I am always grateful to those who allow me to post their pictures here so that we can keep up to date so thanks again Laurel and I hope you might do so again in the future.

Lets start with what Laurel had to say about her visit:

Hi Dave

Here are the first lot, all taken from Phase 1 side, maintenance was looking good, took all our time to stop our children diving in the pool it looked so inviting, but water v cold. But Sunny 17 c rather than -4 with snow and ice has to be good.

Just looking round blocks 1 - 8 there were loads with wires at the front so yet to complete??? On some blocks maybe only 2 out of 16 apartments had external lights fitted. Higher no. blocks seem to have more so maybe these were a later release??

There were quite a few vans & cars around the Phase 2  penthouses which are almost ready, we were told they were being cleaned. As for the rest of Phase 2, our contact said they were definitely going to be built next,  3/4 have been sold and then once they've been released,  Islas would follow afterwards.

The town centre / hacienda will be worked on when Condado TC has been completed (and the banks have given Polaris the 100M  perhaps) but you'll see from pics it is the cleanest building site ever, not a brick, cable tie...nothing. The green screening was over in some parts, not sure how long its been like that for but the site was spookily quiet. I think we saw maybe 4 people in the distance each time we were there and 2 of them were security.

The golf course first 9 holes opening April / may but when we took a walk / commando roll to avoid detection from the hoards of workmen & security (well, 1 empty car) and the back 9 look like they are well behind but aparantly the lake has been finsihed (we didn't see it, kids bawling and ready to leave). The north side of the site is quite desolate but has lovely car parking, trees, street signs for non existant roads & lighting too so there seems an awful lot of infrastructure & investment to leave Terazzas as just Phase 1 and 5 blocks of Penthouses. We've got to hope that as we're due to complete on Phase 1 shortly. Wish us luck.

Laurel

You will see from the pictures what Laurel is saying about the "cleanest building site" - indeed whilst doubtless in any normal year PW staff would doubtless not return to work until the 2nd week of January, the place does look as if it has been "mothballed".

It all looks very neat & tidy and not like............well, a building site. You can see the completed blocks on phase 2/12 in the background of a couple of pics and the cranes have gone and apparently they are being cleaned which suggests that complete may not be too far away for these.

I assume things are in abeyance - "building-wise" - until the outcome of the talks with the banks is known. It is interesting that PW staff are now saying that The TC will not be built until the Condado TC has been completed. 

I am simply speculating here but from what I can read into the negotiations with the Banks, Condado is being given into the bank's ownership and it is probably safe to assume that there may be a stipulation that Condado will get priority for completion which would be something of a blow in creating yet more delays with Terrazas. As I say this is pure speculation but it appears to make some sense - hope I am wrong.

Laurel's photos of the golf course show a markedly different looking course to the recent photos posted here of the holes near Phase 1 & 2-12.

It all looks a bit scruffy and requiring a bit of work. Nevertheless the news of 9 holes to open in April will no doubt be very welcome to those hoping to head out later in the year.

Doubtless these holes will come on very well with some heat and water but it remains to be seen when (if) the workforce return. Lets hope that someone visiting in the next month or so might tell us that the place is a hive of activity.

 The b3
#65g
pic above is taken from quite a way down the other side from P2 -12 and on the left you can see the Hacienda and pahse1 beyond. The picture below is, I think a little further down that side look across the golf course to the cranes on the other side further away from Phase1 and down from Phase 2-12.

These are good quality pictures and if you expand them you will see loads of detail, thanks again Laurel.

It appears that there is another round of completions approaching. Laurel is completing soon and as is another of this blogs regulars, LJCullen. Good luck to you both, hope you enjoy your apartments and that the current concerns around Polaris are soon resolved and Terrazas continues to develop.

I have scoured the web today looking for any snippets about PW but with no luck. I also emailed a guy in my bank in Cartagena who tells me that as far as he knows the discussions with PW are still ongoing and that he has no information as to what progress has been acheived.