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Update?

 
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sophieccl



Joined: 19 Aug 2011
Posts: 17



PostPosted: Sun Dec 16, 2012 11:49 am    Post subject: Update?  Reply with quote

I am writing to see if anyone has an update on what is going on with this.  Is 2013 going to be the year when we all finally see a return on our investment?  

Posts from Chuck and Vermont are encouraging.  I do understand that the expansion of the airport needs to be completed for the resort to get going.  However, why not finish the resort and have it waiting?  This would surely encourage further investment and the sales of unsold units?  I just don't understand why it is half built after all this time.  Has the developer run out of money?    

I really want to believe in this project but can't understand why it stands half built.

If anyone has any further information please share it.

Many thanks, Sophie
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cvb



Joined: 04 Nov 2012
Posts: 61


Location: winnipeg canada

PostPosted: Sun Dec 16, 2012 1:03 pm    Post subject: I'm in Turks Reply with quote

Hi Sophie
 Good to hear from you.Its probably best to post in Caicos Beach updates because I wonder if owners know to check new topics
 Anyway I arrived in Turks yesterday,and I.m going to meet with the president of Sail Rock hopefully today.He can give me an impartial view and opinion on things.
 Then Wednesday I hope to fly down to South Caicos,and there I will spend time with the Sail Rock project manager.He was born in South,and he is going to show me around the town, introduce me to locals,and share some history.Then I will visit his project,and ours,then go fishing!
 I found it interesting talking to the cab driver coming from the airport we were talking about the new election which led to discussing the corruption.His first example was the pilfering of the money that was designated to the expansion of the South Caicos airport.Interesting in that with all the resorts,land,and huge amount of lost money that was the first example on his mind.He didn't know I was involved with South till after he brought it up
 To answer your thoughts Sophie I think once they get confirmation on the airport they will go full out.Their concentration will be on phase one and the main building pools etc.It probably doesn't make sense to get too far ahead of the airport.They are working at the finishing of the first four buildings which are more like 90% finished not 50%.I have said this before but our project manager assured me once they gear up they will bring in a 100 more workers and complete the project very quickly.
 Most every thing is there in containers waiting to be installed if it already hasn't been.Kitchens, bathrooms,lighting,windmills,etc. Finally I have also said it seems our developer has deep pockets.They were willing and able to put up the money to complete the airport,which now seems they don't have to.
 We just have to keep being the most patient investors ever.I will post what ever info I get under Caicos Beach updates as I get it.
 Chuck
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sophieccl



Joined: 19 Aug 2011
Posts: 17



PostPosted: Sun Dec 16, 2012 9:18 pm    Post subject: Reply with quote

Hi Chuck,

Thanks for your reply.  Really good to hear from you with such positive feedback.  I find this site really confusing but will post in the updates section next time.  Your meeting with the president of Sail Rock sounds really interesting!    I look forward to an update on how it all goes and of course enjoy the fishing....

Many thanks

Sophie
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cvb



Joined: 04 Nov 2012
Posts: 61


Location: winnipeg canada

PostPosted: Mon Dec 17, 2012 12:55 am    Post subject: Caicos beach updates Reply with quote

Your right Sophie I have found it confusing as well,and I worry some owners may miss important info because of people starting new categories.I think Its really not necessary.All we want is updates and info.
 Chuck

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