International Land Alliance Announces First Home Construction at Oasis Park
International Land Alliance (OTCQB:ILAL) has announced the first construction contract at its Oasis Park Resort in San Felipe, Baja California. The resort, opened for sales last quarter, features 500 homesites with a gross lot sales potential of over $15,000,000 and a gross potential construction revenue of over $125,000,000.
ILAL's President, Frank Ingrande, highlighted this milestone as being a full quarter ahead of their internal schedule. The company plans to simultaneously break ground on a 72-room condotel at Oasis Park Resort, branded as "Cabo Oasis Resort and Spa". This development will serve as amenities for property owners at both Oasis Park and Rancho Costa Verde.
The company's strategy builds on its success at Rancho Costa Verde, where it developed 1,200 homesites, sold over 1,000, and built over 100 homes and a boutique hotel. The remaining 1,000 homesites at Rancho Costa Verde represent a potential construction revenue of $275,000,000.
International Land Alliance (OTCQB:ILAL) ha annunciato il primo contratto di costruzione presso il suo Oasis Park Resort a San Felipe, Baja California. Il resort, aperto alle vendite lo scorso trimestre, presenta 500 lotti con un potenziale di vendita lorda superiore a $15.000.000 e un potenziale di entrate dalla costruzione lorde superiore a $125.000.000.
Il presidente di ILAL, Frank Ingrande, ha sottolineato questo traguardo come un anticipo di un intero trimestre rispetto al loro programma interno. L'azienda prevede di avviare contemporaneamente i lavori su un condotel da 72 camere presso Oasis Park Resort, marchiato come "Cabo Oasis Resort and Spa". Questo sviluppo servirà come servizi per i proprietari di immobili sia a Oasis Park che a Rancho Costa Verde.
La strategia dell'azienda si basa sul suo successo a Rancho Costa Verde, dove ha sviluppato 1.200 lotti, venduto oltre 1.000 e costruito oltre 100 case e un hotel boutique. I rimanenti 1.000 lotti a Rancho Costa Verde rappresentano un potenziale di entrate dalla costruzione di $275.000.000.
International Land Alliance (OTCQB:ILAL) ha anunciado el primer contrato de construcción en su Oasis Park Resort en San Felipe, Baja California. El resort, que comenzó a venderse el trimestre pasado, cuenta con 500 terrenos con un potencial de ventas brutas de más de $15,000,000 y un potencial de ingresos por construcción brutos de más de $125,000,000.
El presidente de ILAL, Frank Ingrande, destacó este hito como un avance completo de un trimestre respecto a su cronograma interno. La empresa planea romper simultáneamente el terreno en un condotel de 72 habitaciones en el Oasis Park Resort, que llevará la marca "Cabo Oasis Resort and Spa". Este desarrollo servirá como amenidades para los propietarios de propiedades tanto en Oasis Park como en Rancho Costa Verde.
La estrategia de la empresa se basa en su éxito en Rancho Costa Verde, donde desarrolló 1,200 terrenos, vendió más de 1,000 y construyó más de 100 casas y un hotel boutique. Los 1,000 terrenos restantes en Rancho Costa Verde representan un potencial de ingresos de construcción de $275,000,000.
International Land Alliance (OTCQB:ILAL)가 바하 캘리포니아 산펠리페에 있는 Oasis Park Resort에서 첫 건축 계약을 발표했습니다. 지난 분기에 판매를 시작한 이 리조트는 1,500만 달러 이상의 총 토지 판매 잠재력과 1억 2,500만 달러 이상의 총 건축 수익 잠재력을 가진 500개의 주택 부지를 특징으로 합니다.
ILAL의 회장인 Frank Ingrande는 내부 일정보다 한 분기 앞선 이 이정표를 강조했습니다. 회사는 동시에 'Cabo Oasis Resort and Spa'라는 브랜드의 72실 콘도텔 건설을 시작할 계획입니다. 이 개발은 Oasis Park와 Rancho Costa Verde의 부동산 소유자를 위한 편의 시설로 제공될 것입니다.
회사의 전략은 1,200개의 주택 부지를 개발하고, 1,000개 이상을 판매하며, 100개 이상의 주택과 부티크 호텔을 건설한 Rancho Costa Verde에서의 성공을 기반으로 합니다. Rancho Costa Verde의 남은 1,000개 주택 부지는 2억 7,500만 달러의 건축 수익 잠재력을 나타냅니다.
International Land Alliance (OTCQB:ILAL) a annoncé le premier contrat de construction de son Oasis Park Resort à San Felipe, Baja California. Le complexe, ouvert à la vente le trimestre dernier, offre 500 terrains avec un potentiel de vente brute de plus de 15 000 000 $ et un potentiel de revenus de construction brute de plus de 125 000 000 $.
Le président d'ILAL, Frank Ingrande, a souligné ce jalon comme étant un trimestre complet en avance sur leur calendrier interne. La société prévoit de commencer simultanément la construction d'un condotel de 72 chambres au Oasis Park Resort, sous la marque "Cabo Oasis Resort and Spa". Ce développement servira d’aménagements pour les propriétaires de biens à Oasis Park et Rancho Costa Verde.
La stratégie de l'entreprise repose sur son succès à Rancho Costa Verde, où elle a développé 1 200 terrains, vendu plus de 1 000 et construit plus de 100 maisons et un hôtel boutique. Les 1 000 terrains restants à Rancho Costa Verde représentent un potentiel de revenus de construction de 275 000 000 $.
International Land Alliance (OTCQB:ILAL) hat den ersten Bauvertrag für das Oasis Park Resort in San Felipe, Baja California, bekannt gegeben. Das Resort, das im letzten Quartal zum Verkauf eröffnet wurde, bietet 500 Bauplätze mit einem brutto Verkaufs potenzial von über 15.000.000 $ und einem brutto Bauumsatzpotenzial von über 125.000.000 $.
Der Präsident von ILAL, Frank Ingrande, hob diesen Meilenstein hervor und stellte fest, dass sie ein ganzes Quartal vor ihrem internen Zeitplan liegen. Das Unternehmen plant gleichzeitig den Baubeginn eines 72-Zimmer Condotels im Oasis Park Resort, das unter dem Namen "Cabo Oasis Resort und Spa" firmiert. Diese Entwicklung wird als Annehmlichkeiten für Eigentümer von Grundstücken sowohl im Oasis Park als auch im Rancho Costa Verde dienen.
Die Strategie des Unternehmens baut auf seinem Erfolg im Rancho Costa Verde auf, wo es 1.200 Bauplätze entwickelt, mehr als 1.000 verkauft und über 100 Häuser sowie ein Boutique-Hotel gebaut hat. Die übrigen 1.000 Bauplätze im Rancho Costa Verde stellen ein potenzielles Bauumsatzpotenzial von 275.000.000 $ dar.
- First construction contract secured at Oasis Park Resort
- Oasis Park Resort has 500 homesites with $15,000,000 gross lot sales potential
- Potential construction revenue of $125,000,000 at Oasis Park Resort
- Project is a full quarter ahead of internal schedule
- Plans to build a 72-room condotel at Oasis Park Resort
- Successful track record at Rancho Costa Verde with 1,000+ homesites sold
- $275,000,000 potential construction revenue from remaining Rancho Costa Verde homesites
- None.
SAN DIEGO, CALIFORNIA, Oct. 14, 2024 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILAL” or the “Company”), an international land investment and development firm, today reported the first construction contract at its Oasis Park Resort.
The Company opened up sales at its Oasis Park Resort last quarter, a master planned community located just 8KM south of Rancho Costa Verde in San Felipe, Baja California. With 500 homesites, this represents over
Frank Ingrande, President of ILAL, commented: “The execution and momentum we are seeing at Oasis is a direct result of the strategic acquisition of Rancho Costa Verde, where we developed 1,200 homesites, sold over 1,000 and built over 100 homes and a boutique hotel. Total potential construction revenue of
The Company plans to break ground simultaneously on the planned condotel at its Oasis Park Resort, branded “Cabo Oasis Resort and Spa”. The Company plans to build this 72-room condotel on the beach fronting an existing natural lagoon in several phases and will serve as amenities for the Company’s property owners at both Oasis Park and Rancho Costa Verde. This Sante Fe style design will be a scaled-up version of the existing boutique hotel at Rancho Costa Verde.
About International Land Alliance, Inc.:
International Land Alliance, Inc. (OTCQB: ILAL) is an international land investment and development firm based in San Diego, California. As its’ core mission, the Company has embraced technology for sustainable and socially responsible solutions, in addition to using proptech and construction tech advanced applications to meet these goals. The Company is focused on acquiring attractive raw land primarily in Northern Baja California, often within driving distance from Southern California. The Company serves its shareholders by devoting considerable time and resources to seeking out the finest sites available and obtaining the necessary development permits to build a compelling portfolio of properties, which provide a diversity of investment and living options. Please visit: www.ila.company.
Safe Harbor Statement
The press release may include certain statements that are not descriptions of historical facts but are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, and other forward-looking terminology such as "may," "expects," "believes," "anticipates," "intends," "projects,” or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations and actual results may vary (perhaps materially) from certain of the results anticipated herein.
CONTACT:
Jason Sunstein, CFO
Jason@ila.company
FAQ
What is the gross lot sales potential of Oasis Park Resort for ILAL (OTCQB:ILAL)?
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How many homesites has ILAL (OTCQB:ILAL) sold at Rancho Costa Verde?
