FALLING WATER AT PAPAGAYO PROJECT
LVMH has a long history of embracing other brands and creative people that help define its character.
Alliances with artist colonies and learning communities like Eselan in Northern California or cultural institutions like Studio Museaum
of Harlem of the Guggenhiem Museum could provide a new revenue source and build customer loyalty. Hennessy could also offer
branded seminars and learning experiences in other retail locations.
COSTA RICA BACKGROUND
Costa Rica (Spanish for the “Rich Coast”) lies majestically between the Pacific
Ocean and the Caribbean Sea, in the Central American isthmus. Its irregular
coasts, abundance of incredibly beautiful beaches, peninsulas and bays, varied
ecosystems, impressive landscapes, and year-round spring climate, make
Costa Rica one of the most precious tourist destinations on earth.
DNA of Modern ECO-Luxury
FALLING WATER AT PAPAGAYO PROJECT OVERVIEW
TARGET AUDIENCE
Creative Inspiration / Vision
UNIQUE FEATURES OF PROJECT
The Papagayo region of Costa Rica is the perfect home for a resort hotel and residential development that embraces a modern
approach to responsible luxury and community design:
The Falling Water Project will offer a place for upscale recreation, relaxation and enjoyment,
while simultaneously blending into the natural beauty of the Costa Rica landscape. This project
will be comprised of a 5-star luxury resort and residential development.
The target customers / buyers of Falling Water at Papagayo are affluent, concerned with environmental protection, worldly,
modern and progressive. They desire the finer things in life, but also want ‘luxury with a conscious”.
Frank Lloyd Wright, considered the greatest American architect of the 20th century, invented a core
governing design philosophy called “Organic Architecture”.
Attractive Market and International Appeal
Eco-Sensitive Master Plan
Unlike many other foreign markets, buyers can own their property or residence in Costa Rica.
The master plan is designed to:
1. Take an integrated approach to the natural environment and habitat
2. Support Costa Rica’s commitment to environmental protection
3. Strive for zero carbon emissions and self-sustainability
Falling Water at Papagayo is a 770-acre mixed
use development located near the Gulf of Papagayo,
Guanacaste Province, in Northwest Costa Rica.
Costa Rica, known as the “Switzerland of the Americas”, is a democratic
republic with a robust constitution. It is considered an example of political
and economic stability in Central America. Once an exclusively agricultural
country, Costa Rica has achieved a reasonably high standard of living during
the last decade.
The Falling Water at Papagayo Project, in alliance
with the Frank Lloyd Wright Foundation, could
commission some of the world’s best architects
to interpret Wright’s unrealized buildings in this
beautiful environment.
Named as an homage to his landmark home design, the “Falling Water House”, the Papagyo
community will be designed to incorporate this respect for ecology and environment. The project
focus is the celebration of wildlife and natural beauty in a luxury context.
The Pacific coast of Costa Rica does not experience the severe weather fluctuations that can dominate
the Caribbean. It has never experienced a hurricane.
Double digit annual real estate appreciation balanced against extremely low construction costs.
Rare opportunity to control one of the last large, viable properties with spectacular views, in Costa Rica’s
fastest growing tourism and development market, the Guanacaste Province.
The Guanacaste Province is the primary government supported area for resort development and foreign investment.
Creative use of solar panels, wind turbines, wind dams (giant sails that
capture wind to drive turbines), micro-hydro, and recycled waste materials
(repurposed water tubes into “chill pods”).
Some of the water needs for the project can be met using a rain / storm water
reclamation, treatment system and plant.
Each member of this community
learns about the beauty of nature,
biodiversity, and sustainability,
while absorbing a luxurious
eco-experience.
Exclusivity
Falling Water is an oasis of peace
on earth that has limited access
and membership.
Costa Rica is home to the greatest density of species on earth; 5% of the world’s biodiversity is there. Over 870 different bird
species and thousands of flora are found in its different habitats.
Media
Environment
Vacation
Destination
Mode of
Travel
Demographic
Possible candidates could include:
Wellness center and spa will offer
the best in natural rejuvenation. Visionaire
Private Homes
Mustique
Private Jet
The experience of time spent at
Falling Water at Papagayo should
rejuvenate relationships and create
romantic memories.
Worldly
The Falling Water at Papagayo
community will be a “model UN
for affluent adults”, with a diverse
global clientele and culture fusion.
Authenticity
An honest respect for, and
celebration of the history,
environment and culture of
Costa Rica.
Hermes
Hermes helicopter tours around the province
would be spectacular.
Scenic Beauty
Sports Illustrated regularly chooses Costa Rica for its famed swimsuit issue.
40 to 65+
Sensual
The collision of Futurism, Wright’s “Organic Architecture” philosophy, and luxury lifestyle
will make Falling Water at Papagayo a truly unique, one-of-a-kind destination.
Salma Hayek & Francois Pinault
Other brands that could align with the project include:
Tier 2: Luxury Lifestyle Investors
Shigeru Ban
Peter Zumthor
Beach club offers the best music, cocktails,
cuisine and lounge.
Forbes /
Wallpaper
Urbane
VIP Airport Lounge
St. Barths
Virgin Atlantic
Upperclass
35 to 50+
Excellent Frontage and Views
The Property offers highly desirable beach access and panoramic ocean views. The project
site has numerous high points, ridge lines, and cliff areas which provide dramatic views to the
ocean, surrounding mountains, and volcanoes.
Sophistication in harmony with
unblemished terrain.
Investment Banker
Service
Exceptional service and a nurturing
attitude toward residents and
visitors is central to the venture’s
success.
Creative
Creativity is the fuel of the soul.
The mind is most creative when
in a relaxed state. The resort
environment should be a catalyst
for creativity.
San Jose
Alajuela, Heredia, Cartago, Limon, Liberia
51,000 square kilometers
4,075,261 (July 2006 est.)
Tier 3: Luxury Aspirers
World-class, eco-friendly, five star, 300 room luxury
hotel and casino. 800 -1,000 residential, wholly-owned
condominium units, villas, and homes.
US$ 40.32 billion (85th)
3.3% (2005 est.)
Ba1/BB+
Main Industries Tourism, Technology, Construction, Coffee, Sugar
Infrastructure
Ports
Communications
Roads: total: 35,889km (of which paved: 8,075 km)
Caldera, Puerto Limon Airports: 156 (2 international)
Jet Blue
30 to 40+
Direct Ocean Access
The Falling Water Resort has stunning beach front real estate on its property.
Tadao Ando
Oscar Niemeyer
18 - 27 hole, coastal, championship golf course. Because
of the country’s varied topography, flora and weather,
Costa Rica is a paradise for golfing. Meticulously crafted
on acres of gently rolling terrain with coastal vistas.
Futurism
A 3-dimensional sampling of “the
future of luxurious eco-living” in
the context of the Costa Rican
forest will create differentiation and
media attention.
Eco-Altrusim
A primary goal is a new adventure
lifestyle with minimal disruption to
the natural environment. It will be a
gold standard of energy efficiency
and eco-responsibility.
The resort will offer world class outdoor activities:
Hiking
Diving
Snorkeling
Cell phones, Internet, TV broadcast
Costa Rica Falling Water Project
John Niemi 303.729.2327
Summer Rental
Hamptons
Urban / Urbane Young
Professionals
The skillful collision of architecture
and nature. The experience of
Papagayo is designed to impress
and inspire.
ClimateTropical and subtropical; dry season (December to April);
rainy season (May to November); cooler in highlands
Papagayo, LLC:
Contact:
VIP Cocktail
Lounge
Santiago Calatrava
“I say that now is time for architecture to recognize its nature; to celebrate life, and that means
creating harmonious unions with the life that surrounds the form”. Frank Lloyd Wright 1936
Inspiration
Age Structure:
0-14 years: 28.3%
15-64 years: 66%
65 years and over: 5.7%
Language
Spanish
Literacy Rate
96%
ReligionRoman Catholic 76.3%
Natural Resources Coastal scenery and beaches, cultivable land
David Adjaye
GQ /
Vanity Fair
Organic
Natural and locally grown food.
GDP
GDP Growth
Credit Rating
NOTE:
THE IMAGES USED THROUGHOUT THIS PRESENTATION ARE FOR ILLUSTRATIVE
PURPOSES ONLY AND ARE NOT THE PROPERTY OF PAPAGAYO, LLC
Porsche
The hybrid Cayenne SUV will be available in 2009,
and could be the official shuttle vehicle of the resort.
Tier 1: Luxury Elite
Costa Rica’s political and economic stability, educated workforce, convenient location relative to the U.S. and
attractive incentives have led to steady flows of tourism and foreign direct investment.
Country Facts
Capital City
Other Cities
Area
Population
Wally
Residents and visitors of the resort could enjoy
“time-share sailing” on the Falling Water yacht.
Education
Costa Rica, unquestionably, is the birthplace of ecotourism, with spectacular rainforests, volcanoes, rivers and waterfalls.
The country maintains a firm commitment to environmental
protection, preserving over 25% of its territory within national
parks and wildlife refuges. All of these elements combine to
create a perfect tropical paradise.
Frank Lloyd Wright left behind hundreds of
“Organic Architecture” designs.
1. Respect for the properties of materials
2. Create an elegant marriage between the site and the structure
Strategic Alliances
Bird Watching
Kayaking
Eco tours
Sailing
Equestrian tours
Health / Wellness
Rafting
Sport fishing
Surfing
98% of the Property will be owned outright, and the remaining 2% will be owned via a concession from
the government.
“Organic architecture’s foundation is the dignity of the human being, a free, creative, responsible man
that must have a human scale space that helps him to grow, and contemplate his potential”.
Frank Lloyd Wright 1936
Kengo Kuma
Transportation Access
The property has direct access to the main highway, ensuring efficient, safe access to the airport
and other tourist and adventure destinations. Costa Rica’s two international airports provide
travelers with a wide range of flight options. The Liberia airport is 20 minutes from the Falling
Water property.
Valuable Water Supply
There are four permitted water wells located on the site, with a combined daily output that can
fulfill the project’s entire water needs.
Strong Infrastructure Support
The project will have the required infrastructure to provide all of the basic utilities, including
electricity, water, sewer, trash collection, and telephone / data communications services.
Netjets
Private flights, air limo and special
Falling Water sea plane.