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January 24, 2006

Marina Pez Vela Announced - Construction has Begun

Marina Pez Vela announced today that construction has begun on the First Full Service Marina in Costa Rica. Up to 300 floating concrete slips will be built in Quepos, Costa Rica over the next two years.

Quepos, Costa Rica - After 5+ years in the planning and permitting stages, Marina Pez Vela has broken ground on its marina project.  Containing 39 acres of land and water area, the marina will house the only full service capability on the west coast of Central America.  The facility will have a 150 ton Travel Lift and up to 250,000 square feet of retail and commercial space, as well as, world class amenities available dockside.

The marina intends to service the existing local charter boat fleet and house private sportfishing boats and yachts in a world class marine setting.  Sportfishing in this area is some of the best in the world and the tranquil waters provide for a year round fishing experience of extraordinary fun and excitement.

"Once you have fished here, why would you want to fish anywhere else?" asks Harold Lovelady, the project's founder and President.  "I can't think of anyplace that has flat water and so many large, including the current all tackle record, sailfish."

"The project will open up 1000's of miles of new fishing grounds in one of the most potent fisheries in the world.  Having a safe and capable marina to work out of, will give the sportfishing community confidence to fish off the coast of Costa Rica and Panama, knowing they can rely on Marina Pez Vela to support their every need." Said John Kane, a partner in the project.

Marina Pez Vela intends to open in late 2007.  Slip reservations are available now.