We were at VDP Loreto in April, 2015.
They may be planning another section, but it appeared that all of the main parts were complete--at least two of the wings for rooms, all restaurants, the spa/gym, several pools, etc. We stayed on an upper floor in the main building and had a excellent view of the sea and the resort grounds.
It is remote, but we found enough to do. The grounds are beautiful and the surrounding scenery is dramatic. We took a boat tour of the islands that took off from the small bay directly in front of the resort. You can also snorkel, kayak and padde board from the beach, and there are many hiking trails. They were working busily on the golf-courses and they laid a lot of sod during the week we were there, so I suspect some sections are open by now.
The spa is beautiful--we went for a massage late in our stay and wished we had used that facility sooner in our trip.
We took the free shuttle into Loreto one day. It takes a while so we did not go more than once but could have.
We were there the week after spring break, so not crowded at all. The staff was very pleasant and helpful.
The owner update was one of the most low-key we ever attended.
Because of the more remote location, we chose the all-inclusive option which was plentiful and we upgraded to the fancier restaurant two evenings. All good.
There was entertainment every evening. Performers serve other staff functions during the day, so some were more enthusiastic than talented, but their spirit was good.
Overall, we were pleased with our visit and we plan to go back Loreto again, but first we are going to try Cancun in January.