Our company bought the land of Las Catalinas in August of 2006 and immediately delved into the work of planning, engineering, and getting regulatory approvals. We began actual construction of infrastructure in 2009. Vertical construction began in early 2010. The first houses and commercial buildings were completed in 2011. Las Catalinas consists of multiple neighborhoods, the most central of which we call Beach Town, which includes Plaza Danta, Limonada restaurant, and the Pura Vida Ride shop. As of February, 2017, most of Beach Town is complete, and much of the rest is under construction. Paseo Punta Penca, a neighborhood of larger houses with great views, is complete (street and infrastructure), the first houses are finished and more houses are under construction. Beach Town South lies between Beach Town and Paseo Punta Penca and contains our Beach Club. The first houses in this neighborhood are complete and many more are under construction.