I'm pretty sure the area affected by this project is not from Pedros to Kakao, but rather Pedros to Kon Tiki. They call it the "petites plages" (small beaches) area, comprising 8 restaurants, 4 boutiques and the tourist market. I'm pretty sure that describes the area ending at Kon Tiki on the north end. One of the articles mentions that all but one of the existing restaurants have already applied for a space in the new construction, which they say will comprise 4 buildings, each housing 2 restaurants and one boutique.