The projects range from entertainment and conference centers, to apartments and seasonal beach villa-style housing.
In an interview with LivinginPeru.com, Reynolds said “our goal is to have the first phase of the hotel open for our clients in January 2012 and then the second phase shortly after consisting of the conference room, stores and shops. The first phase of Las Terrazas has been completed and many of the owners are in the process of permitting for construction, with the second being completed later this year.”
The Vista Pacifico hotel will range from a low season price of $125 a night to a high season price of $200 a night. All the rooms are suites, 60 square meters each, and have 2 sleeping quarters that can accommodate from four to six people.
As Las Terrazas houses and Apartments are concerned, the units will also be rentable by guests, and being next to the hotel, all residents and guests will have the chance to enjoy the services of the hotel they will rent, for more per season, than the other houses in Asia. John stresses that “They will also have the capability to rent them on a-day-to-day, week to week or year round basis to the hotel, which will result in more yearly income.”
Revolutions Peru operates under a system they call “The Environmental Cycle,” which heavily emphasizes a symbiotic, give-back model with the environment and communities in which Revolutions Peru operates in. Physically, the cycle works as follows: wasteful by-product that results from the building and construction process is recycled by being composted and oxidized, to be later used for local farming, which in turn produces subsistence, not only in the development process, but for the local inhabitants. John believes that in order to achieve long-term success, one must be active in local communities, and empower people—in particular women— not just by creating new, and sustainable jobs, but by working closely and respectfully, with the people that are most affected by any change that the projects may bring.
Peru real estate
That is not to say that there have been some challenges. When talking about “La Huaka” project, located in Asia, John says, “The project was hard for the local banks to understand as they had never seen this concept being developed here in Peru—that concept being, lots and apartments right next to a condo hotel which will service their needs 365 days of the year. We also had the barrier of Asia being known in the past, as a 4 month seasonal business, and as we predicted, the South is being developed more and more every year, and more people are relocating year-round there, and enjoying the peaceful, safer and more pleasant and cleaner climates.”
When asked about the potential uncertainty that could result in the Peruvian political climate, John is confident that their long-term, business model will not be overly affected, regardless of the outcome: “Obviously we are in Peru for the long run and we want the best for the country and for our business, and we believe that the Peruvian people will make the decision that is best for their country. We continue in having great admiration in the Peruvian business market, and we have a new project Ventanas al Mar, that has just entered the initial construction phase, along with five new projects on the drawing board estimated at over 60 million dollars.”