Corporate
Message
Tropicalia’s 2024 Sustainability Report reflects our vision for sustainable and regenerative tourism, where economic development, the preservation of the natural environment, and the wellbeing of local communities coexist in balance. We continue to adapt our business and community programs in response to market trends and the needs of our stakeholders. We’re demonstrating that tourism real estate development can generate shared and positive value, positioning the Dominican Republic as a luxury destination in harmony with nature and its people.
ADRIANA CISNEROS
SUSTAINABLE FINANCING AND STRATEGIC PARTNERSHIPS
We fulfilled the conditions required by the banks to receive the first disbursement of the mezzanine loan for the construction of Four Seasons Tropicalia.
CONSTRUCTION AND DESIGN
We began the vertical construction of Four Seasons Tropicalia and inaugurated La Palapa Tropicalia, a regenerative luxury space that blends Caribbean design with Dominican craftsmanship.
FUNDACIÓN TROPICALIA AND COMMUNITY DEVELOPMENT
We launched the Mi Ruta pilot program, a joint initiative with IDB Invest that supports adolescent girls in Miches with building their professional and academic futures.
DESTINATION MANAGEMENT
William Phelan assumed the presidency of the Promiches Board of Directors for the 2024-2026 period.
2024
highlights
Tropicalia
Tropicalia is a sustainable tourism real estate development by Cisneros Real Estate in Miches, Dominican Republic. Combining sophisticated architecture with natural beauty, it includes residential developments and a hotel. The project reflects the Cisneros family’s cultural values and aims to set a global standard for sustainable luxury tourism. The Project’s first phase of development is the Four Seasons Dominican Republic at Tropicalia.
Fundación
Tropicalia
Founded in 2008, Fundación Tropicalia drives sustainable development in Miches in partnership with the local community in the areas of education, gender equity, economic growth, cultural preservation, and environmental stewardship. With a focus on inclusive participation and strategic partnerships, Fundación Tropicalia creates opportunities that foster long-term growth and well-being in this emerging tourist destination.
Reporting
Frameworks
As signatories of the United Nations Global Compact, we reference the most widely used frameworks in the world to guide the disclosure of our environmental and social actions, namely the Sustainable Development Goals (SDGs), the Global Reporting Initiative (GRI) Standards, and, for the first time, we began reporting using the Sustainability Accounting Standard Board (SASB) standards as a reference for the Construction, and Engineering and Construction Services sectors.