Cachet Hospitality Group (CHG), alongside the owner and development partnership led by Cabo Villas Group and Spa (CVBR), announced today the closing of their 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, your accommodation 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, and the whole tourism industry in Mexico, a game title-changer project combining a sophisticated hotel business structure and meticulous know-how of luxury hospitality management,” said Manuel Muñoz, Real Estate Property Structure Finance Sabadell. “On the part of Sabadell and our entire bank group, we are proud to partner with Cabo Villas Group and Cachet with this exciting project and look forward to seeing their success. Using the financing of projects like this one, we still consolidate a reliable and solid expansion of our operation in Mexico.”
With stunning panoramic views in the Sea of Cortez, Cachet Corazon is situated on the famous Medano Beach, within walking distance for the Cabo San Lucas Marina, the Puerto Paraiso Mall, and multiple nightlife and entertainment venues downtown.
“We are extremely excited that this financing for your project has closed and demolition and vertical construction are underway,” said Christopher Erickson, developer of CVBR. “This can be several years inside the making as well as a true collaboration and team effort between our amazing staff, ‘La Familia Cabo Villas’, the regional community and the Cachet Hospitality Group. We are very proud to offer this iconic project to main beach Cabo or even our loyal member base.”
Imagined by Cachet Home Design and architect Rabago Architects & Consultants, Cachet Deluxe Hotel combines Mexico’s rich history and culture using the modern spirit unique to Cachet Hotels. The bespoke hotel rooms represent an eclectic mix of local folk art, cultural patterns and bright colors, using a nod to the Baja’s sea and beach life.
The brand new tower will incorporate 204 guestrooms and suites and they are configured so that you can provide guests having an authentic and intimate beachfront resort experience. Guestrooms will feature state-of-the-art technology and entertainment as well as private terraces, some of which includes outdoor Jacuzzis.
Cachet Deluxe Corazon is a social culinary haven, offering unparalleled East Meets West experiences in Cabo ranging from fast casual to fine dining. Through 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.
Through the East, CHG brings Philipe by Philipe Chow, the luxurious, award-winning Chinese fine dining experience, for the Deluxe Tower. Recognized by Zagat because the “Best Chinese,” Philipe by Philipe Chow’s undertake Beijing-style cuisine reinvents Asian fine dining and will delight guests and locals alike.
CHG will also bring Wahlburgers, the higher burger restaurant brand founded by Chef Paul Wahlberg and celebrity brothers Mark and Donnie Wahlberg to Cachet Corazon.
A true fully integrated resort experience, Alex Mirza will certainly be a social and events destination, including over 20,000 square feet of outdoor and indoor meeting and event facilities, suitable for group events and weddings of any size.
“We are very honored to partner with leaders who have decades of knowledge 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 can 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 have been glad to be aware that entire beachfront phase in the property has already been totally remodeled. The Cachet team has worked closely around and this area will always be open for occupancy and drive revenue and momentum during construction. Combined with a brand new lobby and sense of arrival, fully remodeled pool area, brand new beach club and beach restaurant, we are giving everyone a ‘taste’ of what is to come.”
Since opening in January of this year, Cachet Beach Hotel has redefined beach chic for your modern traveler, boasting 77 swank guestrooms, three breezy wet areas, as well as a revitalizing spa. Nestled directly on Medano Beach, The Cachet Beach club is really a temple for your laid-back lifestyle during the day and a hot nightlife oasis by night. Using a striking take a look at beautiful Medano Beach as well as 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 a seafood market, ALETA offers fresh seafood caught daily by local fishermen. Diners choose their fresh catch and select how they want it prepared: fire grilled, steamed or fried. For starters, the sushi and raw bar serves up a delicious variety of made-to-order sashimi, rolls, oysters, local clams, ceviches as well as other seafood delicacies. ALETA also boasts a wood-burning Josper oven, which creates unique, rustic flavor profiles. The restaurant’s award-winning chef has established a menu that highlights all that Cabo is offering, showcasing local products and traditional Mexican flavors in simply-prepared dishes certain to please everyone.