About Clifton Meridian
The Seed is Planted
In the summer of 1975, The Clifton Family of Tucson, Arizona, took their first vacation to the shores of Puerto Peñasco, Mexico. In search of sandy white beaches and serene ocean waves, the family became instantly enamored with the lifestyle and the beauty of the sleepy beach town. At the time, Puerto Peñasco (known to many of its American residents and visitors as "Rocky Point") was desolate, with no running water or electricity. Nevertheless, the Clifton family knew that the culture and scenic environment would attract American tourists looking for an inexpensive and easily accessible beach side escape.
As the town continued to grow, the Clifton Family secured its ties with the community. Patrick Clifton, son of Rodger and Jeanette Clifton, envisioned a thriving second-home destination in Puerto Peñasco and increasingly invested in its undiscovered real estate market. An experienced entrepreneur, Patrick initially began investing in Puerto Peñasco with his father, and based on that success and the increasing land opportunities in Peñasco, formed the development company Clifton Meridian LLC in 2003.
Clifton Meridian Grows
Clifton Meridian LLC was born as a Scottsdale, Arizona-based real estate development firm focused on upscale residential beach communities in Mexico. Clifton Meridian purchased its first large parcel of land in the exclusive gated community of Las Conchas in Puerto Peñasco, where it is developing the Las Fuentes del Mar private home and villa community. The company has also broken ground on La Perla del Mar, located in the popular El Mirador section of Puerto Peñasco, adjacent to the town's best shopping and dining. La Perla del Mar is the first high-rise, luxury community in the town's Mirador section. Clifton Meridian has most recently broken ground on Los Patios Privados, a low-density condominium community located 4 blocks from the beach and within walking distance to the city's center.
Looking to the Future
As Clifton Meridian continues to develop luxury residential properties in Puerto Peñasco, the town itself continues to grow and flourish. In 2006, the market welcomed over 1.6 million visitors, a number predicted to jump to more than three million in less than five years. Key infrastructures planned by the Mexican government, such as the Coastal Highway and Nautical Ladder, will simplify travel into the Puerto Penasco community. Mr. Clifton estimates that in ten years, Puerto Peñasco will expand to three or four times its current size. In addition to its interests in the popular coastal town of "Rocky Point," Clifton Meridian is also researching future development opportunities in other coastal regions of Mexico, as well several other emerging beachfront markets globally.