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COCCOLOBA TO BE DEMOLISHED A New US$120M Project Coming

Coccoloba Resort, at Barnes Bay in the western area of Anguilla, which changed ownership at various times since its inception in the mid-1980s, is to be demolished following its purchase from the Montreaux Group. In its place, and on additional land to the west and east of the existing property, will be erected a new project whose developers are the KOR Hotel Group of Los Angeles, California. The project is estimated at a minimum cost of 120 million US dollars including the price of the extra land.

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