image002LUMA OPENS, MexicoÂ’s FIRST active adult beachfront community

First homeowners move in to this award-winning community

BURBANK, Calif., Jan. 12, 2010 – Luma, the first full-ownership, active adult beachfront community in Nuevo Vallarta, Mexico, announced the opening of Tower One, featuring ocean views, well-appointed homes and extensive resort-style amenities.

Located on the beach of the Bay of Banderas in Nuevo Vallarta, 15 minutes north of Puerto Vallarta Airport, Luma is a resort-living community for those 50 years old and over. Its design received the 2009 Silver Award from the National Association of Home Builders 50+ Housing Council in the “Best Active Adult Community On the Boards” category.
“It is very exciting to see Luma’s first residents move into the community,” said Bill Jennings, president of Burbank-based Front Porch Development Company. “Today’s fifty-plus buyers are sophisticated and want the world-class amenities and adventure of a top resort with the wellbeing focus and community spirit of an active adult community. Luma represents a new model designed specifically to fulfill the growing demand.”

Luma’s Tower One showcases bold contemporary Mexican architecture and features sweeping ocean and mountain views. Each beachfront condo has an open-concept floor plan with a foyer, living room with a natural stonewall, dining area, floor-to-ceiling glass walls and wrap-around terraces. The community features a saltwater infinity pool, meditation gardens, art gallery, enrichment classrooms, fitness and wellbeing center, sports lounge, oceanfront dining, Internet café, Personal Lifestyle Concierge Program, and much more.

LumaÂ’s location, within the master-planned resort community of Paradise Village, provides residents with privileged access to a challenging 18-hole golf course, sports club, spas, restaurants and bars, and nearby shopping. Add to this American-quality health care, high-speed Internet and an English-speaking staff, and Luma is an idyllic coastal community.

The surrounding area has much to offer, including the rich culture of Puerto Vallarta: its restaurants, history, markets, galleries and more. It’s this lifestyle, combined with the cost of beachfront homes — which is generally lower than comparable options in the U.S. — that continues to attract baby boomers south of the border. New residents Pat and Lynn Lane moved into Tower One recently and commented, “[Luma] has unbelievable ocean views. What sets it apart is the appeal of easy adaptation to Mexico for older Americans who want access to the weather, waterfront living and an opportunity to experience Mexican culture.”

Pricing on remaining condos begins at USD $537,000 for a one bedroom plus den floor plan. Tower Two is scheduled to open in March 2010. For more information, call the Luma sales team toll-free at 1-866-554-LUMA (866-554-5862) from the U.S. and Canada or 322-226-7290 from within Mexico; go to www.LumaLiving.com; or visit the sales studio and model home.

Luma was developed through a partnership between two established companies known for high-end product: U.S.-based Front Porch Development Company and Mexico-based Grupo Krone. Luma meets the highest construction standards, comparable to top-rated buildings in the U.S. A live webcam on LumaÂ’s site offers a front-row seat to the first images of the completed Tower One and progress on Tower Two.

Front Porch is dedicated to enhancing the lives and lifestyles of active adults by offering resort-style communities with a broad range of amenities and services that ‘celebrate the art of the individual.’

Grupo Krone is a housing and land development company with 21 years of experience and a diverse portfolio of award-winning developments throughout Mexico and the U.S.

As partners, Front Porch and Grupo Krone believe in the importance of developing communities that are economically sound, environmentally responsible and supportive of a community spirit.