March 9th 2024.
Diana Lynch, a highly respected attorney, has made a groundbreaking achievement by becoming the first Black owner of a golf resort in the Dominican Republic. As a founding member of the prestigious Lynch Law Group in Atlanta, she has built a reputation as an exceptional legal defender, representing top-tier clients in the sports and entertainment industries. Now, in her retirement, Lynch is expanding her professional endeavors by spearheading the development of a premier Black-owned golf resort and spa in the beautiful Samaná Bay of the DR.
Named Alma de Samaná Golf & Residences, this ambitious project comes with a price tag of $582 million and is expected to take 15 to 20 years to complete. However, certain sections of the resort will open along the way. Spanning over 2,000 acres, the resort will feature a mix of commercial and residential real estate, including more than 1,400 luxurious villas and condominiums along the northern coast of the Dominican Republic. This area is renowned for its untouched white beaches and stunning mountainous landscape.
According to Lynch, the history-making golf resort is not just a business venture, but a way to unite people and remind them of their humanity. In an interview with Hotel Investment Today, she shared, "It is designed to empower, inspire, and remind us of what it means to be human – all while surrounded by the rich heritage and untapped beauty of this destination."
The resort will offer an array of amenities, including an 18-hole golf course, a private beach, professional sports training facilities, a rehabilitation center, and a medical campus. The first phase of development is currently underway, in collaboration with the Miami-based hospitality firm AMEK Group, to create the AKEN Soul Experience at Las Terrenas Residences. This section of the resort will feature 42 eco-luxury residences spread across seven buildings, with a planned launch date later this year.
The luxurious units are expected to sell for at least $459,000, making it a lucrative investment opportunity for project financiers. Future owners will have a choice between five different property types, including 2-3 bedroom garden villas and tree-top villas with breathtaking views of the Atlantic Ocean. Lynch believes that the resort's target market is those looking for a long-term legacy investment. She explains, "Real estate has always been a safe bet, especially in a volatile market like the stock market. So, for investors wanting to see a return on their investment, this is the perfect opportunity."
The location of the Alma de Samaná Golf & Residences holds significant historical importance as it is situated on land that was once occupied by African slaves. With Lynch being the first Black owner of a luxury golf resort and spa in the Dominican Republic, this development serves as a symbolic nod to the country's past. It also highlights the growing influence and purchasing power of the Black community worldwide.
In conclusion, the Alma de Samaná Golf & Residences is not just a golf resort and spa, but a symbol of progress and inclusivity. With its breathtaking beauty, top-notch amenities, and a powerful message of unity, it is a destination that is set to leave a lasting impact on all who visit.
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