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“Sustainability is not a matter of technology nor is it a single-issue idea. It is an attitude which views the interaction of whole systems... any thought that there is a code-like formula for sustainable development is a bureaucratic illusion.”
– Vernon D. Swaback

Building a profitable and economically viable development.

The third pillar, economic sustainability, requires that a development be profitable and deliver a healthy rate of return to all investors, home owners and partners. It also strives to build viable economic opportunities for those who live in a region. Again, sustainability is all about balance - balancing the economic needs of people with social needs and the needs of the environment, so that a region can support everyone who resides there.

How does it work?
Loreto Bay Company brings years of experience supervising and managing large successful residential and commercial real estate projects with sustainability at their foundation. From a local perspective, we’re committed to building The Villages of Loreto Bay using local materials, growing food and landscaping plants at our own agriculture center and hiring local workers.  Our marketing campaign is significantly contributing to tourism development in the region.   And in support of these initiatives, we have created a Loreto Bay Foundation to provide micro-lending, job training and entrepreneurial training for local residents to create significant new jobs in Loreto and enhance the local economy.

Creating a balanced plan for sustainable development is not easy, but we’ve got some of the leading experts on sustainability working with us to ensure that we meet all of our goals.


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