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Cachet Hospitality Group (CHG), alongside the owner and development partnership led by Cabo Villas Group and Spa (CVBR), announced today the closing of their construction loan from Sabadell Bank as lead agent for construction of a 204-room Cachet Deluxe Tower in Los Cabos, Mexico. The loan closing will allow the project to start destruction of the existing Cabo Villas building and start vertical construction of the Deluxe tower. Set to debut in Q1 2019, your accommodation will complete the dual-branded Cachet Corazon resort project in Los Cabos, Mexico.

“The Cachet Corazon resort is really a significant development for Sabadell, Cabo, and also the whole tourism industry in Mexico, a game-changer project combining a sophisticated hotel business model and meticulous know-how of luxury hospitality management,” said Manuel Muñoz, Real Estate Property Structure Finance Sabadell. “For Sabadell and our entire bank group, our company is proud to partner with Cabo Villas Group and Cachet about this exciting project and anticipate seeing their success. Using the financing of projects like this one, we carry on and consolidate a steady and solid growth of our operation in Mexico.”

With stunning panoramic views of the Sea of Cortez, Cachet Corazon is found on the famous Medano Beach, within walking distance for the Cabo San Lucas Marina, the Puerto Paraiso Mall, and multiple nightlife and entertainment venues downtown.

“We have been extremely excited the financing for that project has closed and demolition and vertical construction are underway,” said Christopher Erickson, developer of CVBR. “This really is many years in the making along with a true collaboration and team effort between our amazing staff, ‘La Familia Cabo Villas’, the local community as well as the Cachet Hospitality Group. Our company is very proud to offer this iconic project to main beach Cabo as well as to our loyal member base.”

Imagined by Cachet Interior Design and architect Rabago Architects & Consultants, Cachet Deluxe Hotel combines Mexico’s rich history and culture using the modern spirit unique to Cachet Hotels. The bespoke rooms in hotels represent an eclectic mixture of local folk art, cultural patterns and bright colors, using a nod for the Baja’s sea and beach life.

The brand new tower includes 204 guestrooms and suites and are configured so that you can provide guests with the authentic and intimate beachfront resort experience. Guestrooms will feature state-of-the-art technology and entertainment in addition to private terraces, many of which will include outdoor Jacuzzis.

Cachet Deluxe Corazon will certainly be a social culinary haven, offering unparalleled East Meets West experiences in Cabo starting from fast casual to fine dining. From the West, CHG’s Mediterranean-inspired all-day dining Laris Kitchen and Bar and Stonehaus Bar will tantalize guests with seafood, cocktails and extensive wine lists.

From your East, CHG brings Philipe by Philipe Chow, the luxurious, award-winning Chinese fine dining experience, towards the Deluxe Tower. Recognized by Zagat as the “Best Chinese,” Philipe by Philipe Chow’s handle Beijing-style cuisine reinvents Asian fine dining and can delight guests and locals alike.

CHG may also bring Wahlburgers, the higher burger restaurant brand founded by Chef Paul Wahlberg and celebrity brothers Mark and Donnie Wahlberg to Cachet Corazon.

A true fully integrated resort experience, Alex Mirza will certainly be a social and events destination, filled with over 20,000 square feet of indoor and outdoor meeting and event facilities, suitable for group events and weddings of any size.

“We have been very honored to partner with leaders that have decades of information in this market,” said Meredith Gelacak, President of Operations – Americas, CACHET Hospitality Group. “As lifestyle travel mokgsd to thrive, CACHET Corazon will serve the distinctive needs with this market through curated world class entertainment, content and social experiences.”

Cachet Deluxe tower will complete the dual-branded Cachet Corazon resort development project and will join the already-operating Cachet Beach Hotel, Cachet Beach club and ALETA restaurant. Christopher Erickson, developer of CVBR, reflected on the finished stages in the development: “We are thrilled to remember that entire beachfront phase of the property was already totally remodeled. The Cachet team worked closely with us and this area will always be open for occupancy and drive revenue and momentum during construction. Combined with an all new lobby and feeling of arrival, fully remodeled pool area, new beach club and beach restaurant, we have been giving everyone a ‘taste’ of the things would be to come.”

Since opening in January of this year, Cachet Beach Hotel has redefined beach chic for the modern traveler, boasting 77 swank guestrooms, three breezy wet areas, as well as a revitalizing spa. Nestled directly on Medano Beach, The Cachet Beach club is really a temple for your laid-back lifestyle during the day and a hot nightlife oasis by night. Using a striking view of beautiful Medano Beach and the Sea of Cortez, ALETA Seafood Bar & Grill is the best spot for relaxing and savoring the flavors of Cabo.

Featuring an open kitchen and the feel of any seafood market, ALETA offers fresh seafood caught daily by local fishermen. Diners choose their fresh catch and choose how they want it prepared: fire grilled, steamed or fried. First of all, the sushi and raw bar serves up a delicious variety of made-to-order sashimi, rolls, oysters, local clams, ceviches as well as other seafood delicacies. ALETA also boasts a wood-burning Josper oven, which creates unique, rustic flavor profiles. The restaurant’s award-winning chef has established a menu that highlights all of that Cabo is offering, showcasing local products and traditional Mexican flavors in simply-prepared dishes guaranteed to please everyone.

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