Guatemala City Should Grow Upwards

There is no more space to build in the municipality of Guatemala, reason for which authorities are promoting "different density," i.e., taller buildings.

Monday, March 9, 2009

There are very few metropolitan areas where there is still room for growth. Green spaces are decreasing and the streets are becoming narrower. Many of the residential developments are already moving to the adjacent municipalities, especially in Santa Catarina Pinula.

Mercedes Unda in her article in Siglo XXI, indicated that Amanda Morán, director of the Center for Urban and Regional Studies (CEUR), said that "land for urbanization is being depleted. However, there is still space. They are building a lot, especially in high income sectors, but it has fallen in low income areas."

More on this topic

Providing Security is Key to Real Estate Development

January 2013

Billed as a "private city", Paseo Cayalá is the first of several complete urban projects to be developed outside of the capital of Guatemala.

The complex located about seven miles from the capital and is the first of several to be developed which include, in the same place, different types of houses, boutiques, supermarkets, restaurants, parks and even a church, all with security service included.

Guatemala: Mixed Real Estate Development for $261 million

September 2016

A residential complex is to be built in Santa Catarina Pinula which will consist of single-family homes and apartment towers, with a total area of ​​200 hectares.

The report "Construction Project in Guatemala July-2016" by notes that the developer Inversiones Pavalco, S.A.

New Real Estate Project in Guatemala

March 2011

Spectrum Real Estate presented its Alamedas de Santo Domingo project which will require a $ 26 million investment.

The project comprises the construction of 396 houses with six different designs, located at km 30.5 of the highway to El Salvador.

Rodolfo Fajardo, sales manager, told that housing "... will be for families with income greater than $ 2 thousand and prices will range from $ 92.000 to $ 116,000."

$78 million Mixed Property Development

February 2016

Plans have been drawn up to build in the center of San José, Costa Rica, a complex made up of three towers, each with 21 floors, and spaces for residential, commercial and office use.

The Environmental Impact Assessment (EIA) submitted to the Technical National Environment Secretary in December 2015 indicates that the development is called "Condominio Residencial Horizontal Vertical Mixto", and will be located in the district of Catedral, province of San José, at the site of the former premises of the company Dos Pinos.

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