Developer just got the investors........this month's announcement;
"Ritz-Carlton plans to open the Ritz-Carlton Reserve Dorado Beach Resort & Spa on Puerto Rico’s north coast in November 2012.
The 130-room resort will be the centerpiece of a 1,400-acre, $1.2 billion project set on the grounds of the former Dorado Beach property first developed by Laurance Rockefeller in the 1950s"
(Partial story from Travel Weekly Magazine)
Hotel keeps getting smaller !