Developers to break
ground on eco-friendly bungalow vacation resort in Rmeileh
More than 100 independent
guest houses to be included in the project Natasha
Tohme
Special to The Daily Star
The plot of land in Rmeileh, which, until recently, housed
the popular Oceana Beach club is being developed into an eco-friendly vacation resort
complete with bungalows nestled amongst lush greenery.
We want to keep it as rural as possible, said Walid Maalouf, the managing
partner of Synergy and one of the investors in the project.
The other investors are his partner in Synergy, Ralph Nader, and the company that owns the
land, Societe des Terrains et de Developpement Urbain (STDU), whose shareholders include
Nazih Zeidan and cigar tycoon Mohamad Zeidan.
Synergy a consulting and management company that specializes in the hospitality
industry was approached by the Zeidans to join the venture, and last November the two
parties signed a partnership agreement deal. It is a 50-50 profit-sharing
agreement, Maalouf said, with STDU providing the financing and Synergy developing
the concept for the yet-to-be named resort and thereafter handling implementation and
management.
The new resort, said Maalouf, will be much larger in scale than Oceana, which utilized
just 25,000 square meters of land. It will encompass all the land that STDU owns: 65,000
square meters with 600 meters of seafront. We will be developing the total
area, said Maalouf, who added that we are doing the design for the entire
project, because it would be foolish to do it in piecemeal fashion. However, it will be
implemented in phases.
The first phase will involve renovating and upgrading the existing facilities of the beach
club, in addition to commencing work on the adjacent plot of land that will eventually
contain about 100 bungalows varying in size from 45 to 75 square meters. They will
be independent structures, each with a private garden, said Maalouf.
This part of the project will have a separate entrance an old house on the land that is
being renovated into a lobby and reception area and will offer guests services such as
room service, housekeeping and a spa. The main feature, however, will be greenery. The
plan is to preserve as much as the environment as possible, said Maalouf,
adding, no cars will be allowed in the area. There will be golf carts to take them
to their bungalow. This project is completely eco-friendly.
However, just 15 to 20 bungalows will be built in the first phase, which is expected to be
completed in time for summer. We want to start with a few bungalows to test the
market, explained Maalouf, adding that the rental rates havent been
established as yet. The first two years will be important in assessing the demand.
It will either encourage us to complete the remaining 80 bungalows, or give us cold
feet.
Of course, he is hoping that the demand will grow, because the bungalows are what will
make the project a beach resort in the truest sense of the term as opposed to a beach
club where people could spend the day. For this reason, the estimated cost of the entire
project hasnt been determined. The first phase, however, is expected to cost about
$1.5 million. The resort which is mainly targeted at Lebanese expatriates and locals
was designed by architect Charles Hadife and landscape artist Frederique Francis. |