Looking for a coastal home in Mexico? Meet La Amada Residences, a luxury residential community located in Playa Mujeres, a secluded seaside resort area on the northeast coast of Yucatán peninsula. Bordered to the east by the Caribbean and the west by natural areas, Playa Mujeres is 15 minutes north of Cancún. The La Amada community is the only residential offering in Playa Mujeres. The property includes 215 luxury mid-rise condominiums featuring contemporary Mexican design, with views ranging from the sea to a luxe marina to the lush wildlife wetlands of the Chacmochuc Lagoon nature reserve.
This June, La Amada is unveiling a new multi-million dollar beach club with infinity pools, a swim-up bar, tennis and paddle ball courts, a gourmet food shop and restaurant, and a world-class gym. Along with access to the beaches and boardwalks of the broader community, residents enjoy the Greg Norman-designed golf course of Playa Mujeres Golf Club; touring and zip-lining in the wetlands and rainforest jungle; fishing, snorkeling, and watersports; and spas and golf at nearby hotels and resorts. At $320,000, a one-bedroom La Amada condominium was named “steal of the week” in the March 16, 2018 issue of The Week magazine.
Make the jump here for more detail of second home options in this tropical wonderland… (more…)
Ranches, cowboys, horses and cattle are Texas icons—just look at some of our professional sports teams. The Cowboys, Rangers, and Mavericks all harken back to the state’s historic roots. And remember famous “Southfork,” the site of many a double deal in the TV drama Dallas? It’s increasingly surrounded by development (and it’s a whole lot smaller than it seemed on TV).
There are still BIG ranches out there, such as the King Ranch, 6666 (the Four Sixes) and the YO Ranch (currently for sale for $81 million), but ranching and cattle are generally not the core business any more. More and more, ranches are purchased and owned for 3 reasons: (1) recreation, (2) energy development and (3) investment (which often means wait until it can be carved up and developed for higher prices).
While there is a powerful connection with the land, Texas has also historically led the nation in the amount of raw land converted to development property. This rampant expansion is continually changing our landscape. And let’s face it; much of what is developed and constructed does not have the most lasting value. Kind of seems like the same type of development gets repeated about every 5-10 miles no matter which direction you’re headed.
What does this all mean? Some areas have taken action to protect their heritage. In Austin, thousands of acres have been placed in conservation easements to protect open space, view sheds, wildlife, and water resources. The trend is also taking hold with some of our western neighbors. Recently, the Walls Street Journal reported that Scottsdale just purchased an additional 2,365 acres to add to the McDowell Sonoran Preserve, bringing it to 30,000 acres and making it the largest municipality-owned urban park in the U.S. While, in North Texas, the “drill, baby, drill” slogan has been adapted to “build, baby, build.”
However, at Cross Pines Ranch in East Texas (near Mineola and about 30 minutes from Tyler), over 1,800 acres have been permanently protected from future development by a conservation easement. This is beautiful and pristine property that had been planned for a 400-lot, high-end second home sporting community, complete with, among other things, a Tom Fazio golf course, riding stables, and skeet and sporting clays courses. While that would have made a stunning and high-quality development, the owners ultimately determined that they wanted to preserve the land in as close to its natural state as possible, while allowing a very limited amount of development.
The result is a conservation-oriented sporting ranch, owned by no more than 40 families. Each owner has a 5-acre building site upon which to build a home and ownership in the remaining 1,800 acres of the ranch, which includes a clubhouse, equestrian barn, skeet and trap range, miles of hiking and biking trails and over 200 acres of lakes, professionally managed for largemouth bass and complete with boats at the ready. The fishing is spectacular. In fact, the world famous fly fisherman Lefty Kreh visited Cross Pines this fall and was so impressed that he’s discussed returning to use Cross Pines for his next video.
There is also a full-time ranch manager that takes care of the ranch (and its owners!) as well as a full-time equestrian manager, who will have horses saddled and ready for owners and who is always ready to lead a trail ride. The concept is really “plug and play,” where owners can show up and just enjoy their favorite activities, without all the hassle involved if they had to take care of it all. Since the ranch is about the size of Highland Park with virtually no fences, there’s plenty of room to spread out and play.
On the conservation side, in addition to the conservation easement that reduced the number of sites from 400 to 40, the owners implemented restrictions on building size, materials, tree removal and landscaping to preserve view corridors and encourage resource conservation. They are currently working on the re-introduction of native grasses as well as a significant ongoing reforestation program. These efforts earned Cross Pines Ranch a spot as one of the 4 finalists in this year’s Green Project of the Year-Non LEED category at the Green Gala & Awards put on by the North Texas United States Green Building Council. While the victor was the Perot Museum of Nature and Science (where the event was held), Cross Pines was certainly in good company.
Is Cross Pines a model for future development? Due to its unique nature, it’s probably only suited for certain exceptional recreational properties. However, the real emphasis should be on integrating a focus on conservation, preservation and the environment into all of our developments. As discussed above, Dallas is not known for its environmental ethos. Maybe we should start changing that. Why? If you read my Aspen report, I coined a term “selfish sustainability.”
Think about it. We’re a magnet for jobs for many reasons, but we must continue to make choices to position ourselves and our area strategically for the long term. Resource use, resource conservation, land conservation, etc., is important to many people, particularly the “creative classes” that increasingly drive our economies. It’s all about making the right next choice. As I said before, if it makes economic sense today, helps protect and enhance businesses (or an area) long-term and helps protect the environment, that sure seems like a win-win-win. Cross Pines is a model for that kind of thinking.
Full Disclosure: I have been involved in the conceptualization and creation of Cross Pines Ranch from its beginning. We’ve always said that it’s all about the land, and we’re continually delighted when families see and enjoy this incredible landscape that has been protected in perpetuity.
Dallas Addison is a Dallas-based lawyer who has helped many clients throughout the country buy, sell, develop and manage all types of real estate over the years, with a particular focus on recreational and hospitality-based real estate, such as golf courses, resorts, ranches, second homes, etc. He is also a founding principal of Preservation Land Company. He is a regulator contributor to SecondShelters.com.