International Land Alliance Announces Completion of Stage One Construction at Valle Divino
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SAN DIEGO, Jan. 6, 2021 /PRNewswire/ -- International Land Alliance, Inc. (OTCQB: ILAL) announced today that it has completed its first stage of construction at Valle Divino, an eco-friendly development in Ensenada, Baja California, roughly 50 miles south of San Diego. This includes survey and engineering, as well as preliminary infrastructure consisting of cutting of interior roads for Phase I (184 homesites).
The Company broke ground on this new community in July 2020, which will ultimately feature 650 homesites, is part of a master planned residential community overlooking the internationally renowned Bajamar Ocean Front Hotel and Golf Resort, as well as the Pacific Ocean. Valle Divino also sits on the western edge of the Guadalupe Valley, Baja's premier wine region with over 175 wineries. The Company recently completed a second "Test Vineyard" with 14 different grapes, including Malbec, Cabernet Sauvignon, Merlot, Tempranillo, Syrah, Mourvèdre, Petit Verdot, Viognier, Nebbiolo, Pino Noir and Zinfandel. Test Vineyards are planted in an effort to see how different grape varieties grow in the same location.