| Sorry we have been so slow getting an update posted on the site but the relief and reconstruction process has been evolving as it unfolds, making yesterday’s information old news just a few days later. Post- Dean Costa Maya has finally reached a point that we feel safe passing on what we think is pretty reliable and up to date information. |
| It has actually been quite an amazing process to watch as it has, and continues to unfold. Although the rebuilding has not been everything to everyone, the Mexican Government and business community has, in our opinion, done a remarkable job with their very limited resources. Government funds have been reallocated from other areas of the country to restart the much needed revenue machine the port facility had become. In brief, “Nuevo Mahahual” is being rebuilt at an accelerated rate and to degrees, for good or bad depending on one’s perspective, far beyond it’s pre-storm self. Some will see the changes as destroying the quaintness and charm of their quiet little piece of paradise. Others will argue that a few modern changes, like paved and better lighted streets, sea walls and underground utilities, are welcome improvements needed for better traffic and pedestrian movement, as well as a cleaner and more sanitary city. Regardless, most of the rebuilding is scheduled for completion by September 2008. A remarkable feat when compared to the post hurricane rebuilding process in most other countries. Below is a summery of the process up until now and an assessment of the real estate market as a result of all the changes. |
| For those not familiar with Costa Maya, it is the area on the southern most Caribbean coast of Mexico and its main town, Mahahual, hosts Mexico’s newest “super-port”, pictured to the left. This state of the art stadium/mall-like port facility was hosting almost 700 ships in the 12 months prior to Hurricane Dean and was in the beginning stages, when the storm struck, of an expansion that was to have allowed over 1600 ships per year. Each day, thousands of tourists from the ships would flood the port and surrounding village, providing a much needed economic boost for the area and its inhabitants. However most agreed, the existing infrastructure was far from what would be needed to become a first glass tourist destination and plans to begin the next phase of the city’s development were just beginning when Dean struck. |
| Page 2 Dean Update Click Here |