Hacienda Matapalo Commercial Center

Hacienda Matapalo Commercial Center will cater to Costa Rica's South Pacific Coast

As the interest in Costa Rica real estate continues to thrive on the South Pacific coast, the planning of a new retail and consumer hub for the region is starting to draw a lot of attention — introducing the new Hacienda Matapalo Commercial Center.

Located at the north end of the Hacienda Matapalo gated community and adjacent to the newly paved Costanera Highway, the Hacienda Matapalo Commercial Center will feature at least two 10,000 square foot structures built on half of a six acre parcel. The commercial space — designed to blend in with its natural surroundings and be environmentally responsible – will consist of a variety of businesses ranging from retail storefronts to professional offices.

"Clearly there is a tremendous need for commercial space in the region," said Marcy Seay, Director of Operations for the project. "This commercial center will not only serve the 400-plus homeowners at Hacienda Matapalo, but it will provide much needed goods and services to other communities that are being developed in the area."

Intended to be completed in three phases, the Phase One commercial building will include multiple storefronts and a restaurant that overlooks one of the man-made lakes that is planned for the Hacienda Matapalo gated community.

"There are several types of establishments that would be perfect for Phase One of the project," Seay explained, listing potential leaseholders. "A pharmacy, a grocery store and a tour company are all good choices," she said, adding that "a bank with an ATM, a real estate office, a clothing store, a hardware store and executive offices" would be ideal tenants.

Seay said that the Hacienda Matapalo Commercial Center is, without question, the most anticipated nonresidential project in the entire region. "Even prior to our official announcement, word of the commercial center had begun to spread," she admitted, "and now there are several people who are eager to lease space for their businesses."

Seay also pointed out that with the growing interest of health care in the region and the booming health care tourism industry, the Hacienda Matapalo Commercial Center is a great location for various medical services.

"We are looking forward to having a medical clinic at the commercial center," said Seay. "We've already had inquiries from a multitude of specialists who can provide services from pediatrics to emergency medicine." A medical clinic would give the Hacienda Matapalo Commercial Center the finest health care facility in the region next to Hospital de Osa in Cortes.

While Seay could not disclose specific names of those who have already signed up to be included in the commercial center citing confidentiality agreements and individual timelines, she said several notable brands and identities have committed to the project.

The nearly $6 million USD Hacienda Matapalo Commercial Center is being funded by a limited partnership that was created where investment "units" are offered through a private placement memorandum to accredited investors. Construction is expected to begin with the advent of construction at the Hacienda Matapalo gated community, which is currently in the final stages of its pre-construction.

For more information on the Hacienda Matapalo Commercial Center or to inquire about retail space, interested parties may visit the Hacienda Matapalo Web site or contact Marcy Seay directly at 954-548-3000 or by email at marcy@costaricaforme.com.


[Presented by: Pura Verde Costa Rica Properties]