Miami based international real estate developer Gencom announced a more than USD 100 million investment toward a major transformation of Peninsula Papagayo, a 1,400-acre premier residential and resort destination in the Guanacaste province in northwestern Costa Rica. Beginning in December 2017 with the debut of the re-imagined Four Seasons Resort Costa Rica. Earlier this year Four Seasons resort had announced they’d be closing down for four months from August through November to undergo a renovation.

“The momentous enhancements underway at Peninsula Papagayo are significant not only to Costa Rica’s flourishing tourism industry that is important to the economy, but to the country’s position as a thought-leader in the preservation and celebration of the native landscape and authentic local culture,” said Manuel Ardon, chief operating officer of Peninsula Papagayo. “As a native Costa Rican, I am very grateful that the vision for Peninsula Papagayo will bring more travelers from around the world to discover the peninsula’s 1,400 acres of incredible biodiversity and eco-rich land.”

The investment will include: a renovation of Four Seasons Resort including all 181 rooms, suites and villas, the lobby, five culinary venues plus an all-new Añejo bar and Library Lounge; the pool area and the introduction of new guest experiences; eight miles of nature trails that will connect guests with nature while preserving the bio-diverse corridor; a new macaw sanctuary; an enhancement of Marina Papagayo with a new restaurant and launce, gourmet grocery store and an array of new yacht charter offerings; enhancement of the Peninsula Papagayo Golf Club; a new Papagayo Explorers Club that will offer unique experiences and adventure tours; a continued investment in the growth of Creciendo Juntos — a nonprofit association founded by Peninsula Papagayo that supports the development of local Guanacaste communities including schools and a children’s clinic through various educational, health and leadership programs; resort guests and homeowners can help make an impact through immersive volunteerism opportunities, and ongoing focus on sustainability and land preservation.

Peninsula Papagayo is located 30 minutes from Liberia International Airport; it is home to 11 miles of dramatic coastline, eight miles of majestic bluff edges, seven sandy beaches and one of the few tropical dry forests on the planet.