Juniper Capital’s Carter Redd has a vision for a master planned community that will include a 100-acre organic farm, the island’s first-ever Auberge Resort with branded residences, an 18-hole golf course and a slew of amenities where little currently exists.
In 2027, when developer Carter Redd realizes part of a vision for a master planned community and tourism enterprise there called Moncayo, he hopes these deep-pocketed passersby will have reason to stay. The project he’s building will sprawl across a 1,100-acre parcel of forested coastline in eastern Puerto Rico and will include 400 residences—all $3 million and up—and a splashy Auberge Resort. It could be the Palm Beach of Puerto Rico, a lush new home (or second home) for the global rich that has everything a jet-setter could want all in one place.
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