Gaucho Group Holdings, INC. calls on EDSA, INC. to develop the Algodon Wine Estate master plan and seek to partner with a luxury brand to co-develop boutique hotels and residences

0

Receive instant alerts for news on your actions. Claim your 1-week free trial for StreetInsider Premium here.


NEW YORK, NY / ACCESSWIRE / July 19, 2021 / Gaucho Group Holdings, Inc. (NASDAQ: VINO), a company that includes a growing collection of e-commerce platforms with a focus on fine wines, luxury real estate, and leather goods and accessories, today announced it has engaged architectural planning and design firm, EDSA to improve and further develop the existing master plan for the luxury vineyard and golf course development of Algodon Wine Estates Private Estancias 4,138 acres, in San Rafael, Mendoza, Argentina. This initiative consists of laying the foundations for a partnership with a luxury hotel brand to co-develop a charming hotel and associated residences.

EDSA, Inc. is a planning, landscape architecture and urban design company founded in 1960. The company is headquartered in Fort Lauderdale, Florida, with offices in Orlando as well as New York, Baltimore and Shanghai, in China. EDSA’s commitment to excellence can be seen through their past work, which spans over 500 projects in more than 100 countries, including Miami’s remarkable 1 Hotel & Homes South Beach, as well as the Opera House. Dubai, the Atlantis Resort in the Bahamas and the PepsiCo headquarters in New York.

EDSA plans to position Algodon Wine Estates to meet today’s luxury market demand and become South America’s most exciting ultra-luxury residential resort community. These improvements and new vision are intended to encourage global interest in the 4,138-acre project, particularly among luxury brands also located.

Scott Mathis, CEO and President of Gaucho Group Holdings, Inc. said, “We couldn’t be more excited to work with EDSA. We hire the best and we get the best, with the goal of potentially bringing a world class 80 to 120 room branded hotel with branded residences, including our own Algodon branded residences. If we are successful in partnering with a luxury brand name, not only will Algodon be associated with that name, but we expect that all residences associated with the project will see the value of their properties reflect the added mystique of a world famous luxury name.

“We have come to San Rafael, Mendoza, with a plan to develop the best wine, wellness, culinary and sports complex and residential development in the region, and we believe this partnership is the next logical step in this Steps. to the next level. In the months since more than a year of lockdown, we believe individuals are prioritizing family, health and well-being more than ever. Big cities have lost their appeal these days, and our wine community can offer many a unique peace of mind that is only found in a community of natural and socially remote living. “

The expanded master plan aims to build further on the award-winning wine community by incorporating the existing winery and vineyards, an 18-hole championship-style golf course (with the potential to further expand to 36 holes) and golf facilities. championship-style tennis with the aim of attracting international golf and tennis tournaments, a locally sourced boutique distillery, organic / seasonal restaurants, newly developed country houses, equestrian facilities, existing swimming pools, a spa and fitness center, lavender and rose gardens, clubhouse and social club, working farm as well as various hiking, biking and walking trails and organized local adventures.

Marco Larrea, Director of PLA EDSA, said: “We are very excited to start working on this huge project. I believe our team, together with those in place at Algodon Wine Estates and Gaucho Holdings, will work effectively to design and complement the enhancement of these and unique assets. “

About Algodon Wineries

Algodon Wine Estates (algodonwineestates.com) is a world-class 4,138 acre (1,675 ha) wine, wellness, food and sports complex and luxury real estate development, located in the rolling hills of the Sierra Pintada Mountains in San Rafael, Mendoza, Argentina. A hidden gem nestled in the heart of Argentina’s thriving wine country, Algodon Wine Estates caters to citizens of the world who take our distinct and bolder approach to wellness, to those seeking an unforgettable and unique adventurous retreat in his genre.

Surrounded by the natural beauty of our vineyards, which are responsible for producing the award-winning Algodon Fine Wines (algodonfinewines.com), Algodon Wine Estates is home to private estancias, built by local artisans with the best regional materials, as well than a charming hotel (algodonhotels.com). Private estancias owners and resort guests have access to world-class amenities, including a nine-hole golf course (with nine more holes to come); Grand Slam style tennis courts; a year-round restaurant run by a world-class chef, serving traditional Argentinian cuisine; and other concierge services, as well as unparalleled access to the Algodon wine lifestyle.

Algodon Wine Estates is part of Gaucho Group Holdings, Inc. (gauchoholdings.com), which creates luxury experiences, properties and products to celebrate the vibrant and distinctive Argentine lifestyle. To learn more, visit algodonwineestates.com.

About Gaucho Group Holdings, Inc.

For over ten years, the mission of Gaucho Group Holdings, Inc. (gauchoholdings.com) has been to seek out and develop opportunities in the undervalued luxury and consumer real estate market in Argentina. Our company has positioned itself to take advantage of the continued and rapid growth of global e-commerce across multiple market sectors, with the goal of becoming a leader in diversified luxury goods and experiences in lifestyle and lifestyle sectors. sought after retail landscapes. With a focus on fine wines (algodonfinewines.com & algodonwines.com.ar), hotels (algodonhotels.com) and luxury real estate (algodonwineestates.com) associated with our exclusive Algodon brand, as well as leather goods, ready-to-wear and accessories from the fashion brand Gaucho – Buenos Aires “(gauchobuenosaires.com), these are the luxury brands in which Argentina finds its contemporary expression.

Caution Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical fact included in this press release may constitute forward-looking statements and are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Actual results may differ materially from forward-looking statements due to a number of factors, including those described from time to time in our documents filed with the Securities and Exchange Commission and elsewhere. The Company assumes no obligation to update any forward-looking statements contained in this document. All forward-looking statements speak only as of the date of this press release.

Media Relations:

Gaucho Holdings Group, Inc.
rick star
Marketing Director
212.739.7669
[email protected]

SOURCE: Gaucho Holdings Group, Inc.

See the source version on accesswire.com:
https://www.accesswire.com/655933/Gaucho-Group-Holdings-INC-Engages-EDSA-INC-to-Develop-Algodon-Wine-Estates-Masterplan-and-Seeks-to-Partner-with-Branded- Luxury-name-to-co-develop-boutique-hotel-and-residences


Source link

Share.

Comments are closed.