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prima:Developer sells over 18 acres of land around Punta Bandera beach in Luquillo amid legal dispute over construction project

Azure Development, which is proposing constructing 224 beachfront apartments, will have the first option to reaquire the property if the new owner sells it within two years

April 25, 2025 - 4:51 PM

The Punta Bandera grounds are a coastal forest with mangroves and wetlands, bordered by a narrow strip of sand and a flat beach with seagrass, as seen in the photo. (GFR Media)

Azure Development Inc. sold for $2.5 million the more than 18 acres of land in front of Punta Bandera beach in Luquillo, in the middle of the legal fight against its proposal to build 224 apartments there.

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