International Land Alliance Provides Update on Valle Divino Development
International Land Alliance (OTCQB:ILAL) announced the upcoming construction of a model home, three casitas, and a clubhouse at its Valle Divino eco-friendly development in Ensenada, Baja California. The project utilizes CleanSpark’s sustainable microgrid power solutions and is set to begin in Q4 2021. The development, part of a larger community overlooking the Bajamar Ocean Front Hotel and Golf Resort, includes a vineyard expansion to 2 acres. Residential home prices start at $99,000 for solar-powered models. The initiative aims to attract interest with sustainable living options.
- Construction of a model home and clubhouse expected to enhance property value.
- Utilization of CleanSpark’s renewable energy solutions promotes sustainability and may drive interest.
- Expansion of vineyard to 2 acres aligns with regional wine tourism, potentially increasing community appeal.
- None.
Construction of a Model home, 3casitas and clubhouse with CleanSpark Inc.’s sustainable microgrid power solutions to break ground in Q4 2021
SAN DIEGO, CALIFORNIA, Sept. 15, 2021 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILA” or the “Company”), an international land investment and development firm today provided an update on its Valle Divino development project, an eco-friendly development in Ensenada, Baja California, roughly 50 miles south of San Diego, including the planned construction start of a 2BR/2BA model home, three casitas and clubhouse for wine tasting, all powered by a CleanSpark Inc. microgrid solution, within the next 60 days.
The Valle Divino community is part of a master planned residential community overlooking the internationally renowned Bajamar Ocean Front Hotel and Golf Resort. The community sits on the western edge of the Guadalupe Valley, Baja’s premier wine region with over 175 wineries. ILA recently expanded its vineyard to a total of 2 acres with 14 different grapes including Malbec, Cabernet Sauvignon, Merlot, Tempranillo, Syrah, Mourvèdre, Petit Verdot, Viognier, Nebbiolo, Pino Noir and Zinfandel. Residential lot prices at Valle Divino start at
ILA broke ground on the Valle Divino development in July 2020 and completed its first stage of construction in January 2021 and started pre-sales of residential lots. ILA has completed additional survey and engineering, as well as site preparation infrastructure for model homes in Phase I (184 homesites). CleanSpark, an energy technology company focused on solving modern energy challenges, serves as the exclusive partner for the engineering, design, development, and controls of the renewable energy solutions at the property that include a solar microgrid to provide electrical power to the development.
“We are now finishing site preparation and expect the start of construction at Valle Divino by the fourth quarter of 2021 on our first model home and three casitas, along with a clubhouse to showcase the property’s vineyard,” said Roberto Valdes, Chief Executive Officer of ILAL. “These initial home, casitas and clubhouse will be powered by solar microgrid installations from CleanSpark, a key differentiating component for our developments in Baja California. Sustainability and off-grid solar power at an attractive price point is helping to drive strong interest in the development. With a total 650 homesites planned in the project, we look forward to future updates for this exciting project in the months ahead and building long term value for our shareholders.”
To speak to a sales representative and make an appointment to tour the community, contact Analo Valdes at sales@ila.company or (858) 900-8056 or visit our website https://ila.company/valle-divino-resort/
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 of 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 expectation and actual results may vary (perhaps materially) from certain of the results anticipated herein.
CONTACT
Investor Relations:
Brooks Hamilton
Senior Vice President
MZ Group – MZ North America
(949) 546-6326
ILAL@mzgroup.us
www.mzgroup.us
FAQ
What is the Valle Divino development project by ILAL?
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