Luxe life at Paseo Caribe

Puerto Rico welcomes its newest upscale residential project.

Paseo Caribe, a high-end residential and retail waterfront property, is emerging in Puerto Rico. The mixed-use development, which was recently relaunched, will include the Residences at Caribe Plaza, Laguna Plaza, and Bahia Plaza, along with an open-air retail lifestyle center and parking complex.

Located on Ponce de Leon Avenue at the Gateway to Old San Juan, Paseo Caribe is steps from Condado Lagoon and the Atlantic Ocean. The signature element of the public area is the Residents’ Lounge and outdoor entertainment space, which overlook the retail courtyard and offer dramatic waterfront views.

The centerpiece of the project will be The Shops at San Geronimo, which will offer a mix of Puerto Rican merchants combined with global retailers and several waterfront dining and entertainment venues. When complete, the retail complex will house between 40 and 50 specialty shops, boutiques, and restaurants.

Residences in both Caribe Plaza and Laguna Plaza offer outdoor terraces and spectacular views of the Condado Lagoon, Atlantic Ocean, and Old San Juan’s cruise ship harbor. Each private residence has beautiful views, spacious living and dining rooms with floor-to-ceiling windows, and a separate den. Both towers provide a highly curated lifestyle including concierge services, valet parking, and state-of-the-art security systems.

Construction of Paseo Caribe is now fully under way. A limited number of residences was released in March 2012, as well as a limited number of developer residential inventory in both Caribe Plaza and Laguna, as part of the formal reintroduction of Paseo Caribe. Prices start at $945,000. paseocaribe.com.