The launching of the $1 billion condominium development in Dominican Republic is a positive development warmly welcomed by the real estate sector. Real estate developer Group Metro launched the project recently in Juan Dolio and Santo Domingo. Tagged as Costa Blanca, the 300-acre coastline development in Juan Dolio includes encompasses 52 private villas, ten condominium towers, a tennis village as well as tennis and gold club houses, a private beach, a marina village with retail and commercial space, a mega-yacht marina, and the country’s first ever Greg Norman PGA gold course.

Top designers and architects have been commissioned to ensure that the project will not only be modern and private but will stay environmentally sound. No less than golf legend Greg Norman who is also known as “The Great White Shark” graced the press conference at Santo Domingo’s Embajador Hotel.

Norman said golf and the way the golf course is designed is in a way an indicator of the state of the economy and he is glad to be part of the tremendous growth of gold in this part of the world. He said gold development has slowed down in the United States but not all over the world. Dominican Republic officials are excited about the job opportunities and other economic development that will be brought about by this development to the people of Dominican Republic.