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The most successful retirement community brand in North America, Sun City, began as a vision to provide real community to active senior adults and let individuals decide what part of the United States they wanted to live in.
Sun City knew how to build the services and amenities that everyone wanted and then offered clients the option to choose what type of climate and environment they preferred. Their success has been unparalleled in the industry.
ECI has extended this concept by creating a range of residential properties for those looking to live in Latin America, including the Gran Pacifica Beach and Golf Resort in Nicaragua. By maintaining American building and development standards, living south of the border can provide the lifestyle Americans want for about half of what it normally costs in the USA or Canada.
ECI is concerned about the impact that our developments have on the communities which already exist in the areas we work in and, in addition to the expat community, we are committed to local community development. We develop communities in every sense of the word.
North American consumers largely take for granted the basic comforts of reliable electricity, stable water pressure, high- speed bandwidth for internet, access to top notch medical care, and quality construction. In Latin America, many developers fail to provide even these basic services, and developments are often little more than a collection of lots with limited infrastructure and few or no homes or accommodation in place.
However, potential residents want activities, neighbors, and an active community - something these other projects do not offer. ECI is unique because it develops communities complete with the infrastructure and opportunities for social interaction that people need to have a high quality of life.
Just as Sun City did in the United States, ECI is creating standards and building real community in Latin America. We know, however, that no matter how luxurious the surroundings, what makes a development into a community are the relationships that people build, so we have literally designed Gran Pacifica to encourage this, using the successful New Urbanism design philosophy.
I appreciate that the new Costa Rica development will be listed as an asset for Gran Pacifica, enhancing the investment of all shareholders in Gran Pacifica. This demonstrates your perspective of doing what is best for the current shareholders with a track record of accomplished planning and implementing of the details of a world class development.