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Another
view of Calle Juárez
Panoramic
view of Puerto Vallarta looking toward what is now the Hotel Zone. | 1970
-
1979 In November of 1970, Gustavo Díaz Ordaz signed a decree whereby the residential and tourist development on the lands surrounding Banderas Bay in the states of Nayarit and Jalisco as well as in the existing communities was declared of public convenience. Towards this goal, the president expropriated 1,026 hectares, which, in 1973, would finally be regulated through the founding of the Puerto Vallarta Trust by President Luis Echeverría Álvarez.According to don Carlos Munguía Fregoso, the city chronicler, these two step were instrumental in the building of Puerto Vallarta, as they paved the way for new and significant investments. Although there were some more modest accommodations, like Jack Cawoods Playa de Oro and the Playa Las Glorias hotels, up to 1970 there were only two luxury hotels in the city, the Posada Vallarta that opened in 1964, and the Camino Real of 1970. It was only after 1973 that the construction of large hotels began. At the same time, according to don Carlos, due to the immigration of construction workers and their families, irregular settlements started spreading like a cancer to become one of Puerto Vallartas worst liabilities. |
1970
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