Construction has started of a shopping complex that will include a hotel, a 23-story tower for offices and a shopping center opposite the hotel Sheraton Presidente.
The complex comprises a 23 story tower with a shopping centre, corporate offices, a hotel and parking lot. The development is being run by Bosh Inversiones S.A. de CV, and Elsalvador.com reports that "... it will require an estimated investment of $85 million."
Office buildings, works on the network of aqueducts, an apartment tower and development works are some of the projects for which environmental impact studies were submitted in September 2016.
The report"Construction projects in Costa Rica - September 2016"prepared by the Business Intelligence unit at CentralAmericaData.com, provides an updated list of major construction projects for which environmental impact studies (EIS) were presented to the National Environmental Technical Secretariat (SETENA).
A reduction of between 25% and 30% in the cost of the construction license and greater agility in processing environmental permits has been proposed by the mayoral office of Mixco in order to attract more investment.
The mayor of Mixco is preparing an amendment to the legislation to encourage development companies to invest in the city.The plan is to lower, by between 25% and 30%, the cost of building permits and to expedite the processing of environmental sustainability, through the opening of an office of the Ministry of Environment and Natural Resources in the municipality.
Mántica Group plans to invest $25 million in the construction of a shopping center on the road to Masaya and $21 million in an office building and commercial premises in the area of Villa Fontana, Managua.
The first project is scheduled to start in March 2017 and consists of a two-story shopping center, in which the company announced it will be investing $25 million. It will be completed in December of the same year.
Horizontal and vertical residential constructions in Panama, Panama West and Chiriqui are some of the projects for which environmental impact studies were presented in August 2016.
The report"Construction Projects Panama - August 2016",prepared by the Business Intelligence Unit at CentralAmericaData.com, contains an up to date list of construction projects for which environmental impact assessment (EIA) studies were presented to the Ministry of Environment of Panama in August.
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 GuatemalaJuly-2016"by CentralAmericaData.com notes that the developer Inversiones Pavalco, S.A. submitted to the Ministry of Environment and Natural Resources (MARN) anEnvironmental Impact Study for a project called "Plan Maestro del Proyecto Habitacional Legado del Bosque, Finca Las Cumbres de Vista Hermosa, Santa Catarina Pinula".
In the Greater Metropolitan Area 46% of the inventory of industrial real estate developments, such as warehouses and industrial buildings, are located in Heredia and Alajuela.
From a statement by Newmark Grubb Central America:
The provinces of Alajuela and Heredia, with 24% and 22% of the total inventory of industrial real estate developments in the Greater Metropolitan Area respectively, maintain the lead as suitable for complexes such as warehouses, mini-warehouses, industrial buildings and logistic works.
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