Investor Portal

Development updates from Sarchí.

A single place for everything happening across the hotel, residences, and coffee farm — refreshed weekly from on-the-ground reports.

Hotel
Permitting
CFIA plans submitted
Residences
30%
Design milestone reached
Coffee Farm
Active
Harvest underway
Last Update
Jun 20
Week of Jun 15–19, 2026
This week

Latest update

Auto-summarized from this week's on-site reports.

Week of Jun 15–19, 2026
CFIA approves hotel at initial stage; residences funding unlocks Marriott process

A milestone week on both sides of the project. The hotel received initial-stage approval from the CFIA and was submitted to the corresponding institutions — and by Friday the CFIA had also completed its project appraisal, which lets us quantify the percentage fees owed to CFIA, INS, the Municipality, and the Fire Department. Budget and furniture coordination continued with a MACOPA / Saballos / John Marshall in-person meeting on construction supplies, a landscaping consultant call, and a virtual session with Remington (Luis Barrantes) and Saballos on furniture. On the residences side, the financial resources have been deposited and approved by the bank — this unblocks the Marriott approval process and the engineering and architectural design work for the construction package. The coffee farm continued weeding and soil-covering the newly planted plants daily, met with iCafe about this year's harvest, and fertilized the new plants on Friday.

Hotel

  • CFIA initial-stage approval — submitted to corresponding institutions
  • CFIA project appraisal completed (enables fee quantification)
  • MACOPA / Saballos / John Marshall meeting on construction budget
  • Landscaping consultant call for quotations
  • Remington + Saballos virtual meeting on furniture

Residences

  • Financial resources deposited and approved by the bank
  • Unblocks Marriott approval + construction-package design

Coffee Farm

  • Daily weeding and soil-covering of new coffee plants
  • Virtual meeting with iCafe on this year's harvest
  • Fertilized the new coffee plants (Friday)
CFIA approval Funding deposited Marriott unlock
Where we are

Project milestones

Key checkpoints across the development.

Jun 2026
Security consultant engagedMarco Vega on-site; quotation in development for budget integration.
Apr 2026
Hotel plans uploaded to CFIAPlans submitted to the platform for permitting and construction approval.
Apr 2026
Residences design at 30%First major design checkpoint reached.
Apr 2026
Marriott + art curator coordinationWorking sessions on interior design direction with Saballos and Marriott rep.
Past updates

Update archive

All past investor updates in one place.

Jun 20, 2026
CFIA approves hotel at initial stage; residences funding unlocks Marriott processA milestone week on both sides of the project. The hotel received initial-stage approval from the CFIA and was submitted to the corresponding institutions — and by Friday the CFIA had also completed i…
Jun 6, 2026
Security planning takes center stage as engineering coordination continuesThe focus this week was security planning for the hotel. A weekly engineering meeting covered topography, lighting, security, and supplier sourcing — keeping multiple workstreams moving in parallel. S…
Apr 25, 2026
CFIA upload begins; multi-team coordination on plans and budgetA pivotal week on the hotel side. Tuesday brought a virtual meeting with Saballos architects on hotel finishes, followed by a working session with multi-disciplinary engineers reviewing plan progress …
Apr 18, 2026
Investor call on the hotel budget; routine cadence elsewhereThe week's flagship event was a Tuesday virtual meeting with investors to discuss the hotel budget. Surrounding days were administrative follow-up across hotel processes. The residences side recorded …
Apr 11, 2026
Design and budget coordination resume with Saballos, Marriott, and BlockHotel work picked back up after Holy Week, with two notable working sessions on Friday: a virtual meeting with the art curator, Saballos' interior design managers, and the Marriott representative to f…
Apr 4, 2026
Holy Week pauses the work; routine follow-up Monday through WednesdayA short week. Holy Week observance closed offices and the farm on Thursday and Friday across all three workstreams. Monday through Wednesday the hotel team handled routine email follow-up on administr…
Mar 28, 2026
Design review with Marriott; coffee plants under maintenanceThe week's hotel work centered on design and permitting. A virtual meeting with Adrián Saballos covered the hotel plans and the CFIA process, and on Wednesday Saballos' interior design team met virtua…