Beachfront project planned for Manuel Antonio
I found this interesting bit of news and green building design today, from an article in 2010. Their website seems to no longer exist, so I expect that the project has been dropped.
Many people have envisioned these types of green buildings, but few have actually been built. The additional cost deters serious investors, and perhaps the whole idea of a green “building” or condominium doesn’t work.
Why? Because the type of person who is willing to pay the extra money for this type of construction just doesn’t want to live in a condo. They’d prefer their own small one-acre farm with fruit trees, garden, etc. So the market is small, and so this type of concept is difficult to sell to investors. Most investors care about only one thing: making money. There are very few visionaries out there who just want to see something built and hope it will capture the public’s imagination enough to generate sales enough to pay for it.
This is ironic in some ways because studies have now shown that the most eco-friendly way to live is in dense cities and large buildings, and the worst is suburban sprawl.
Website of the project: http://www.palazzopark.com (now defunct)