Central America: $47 million in Vertical HousingMonday, February 27, 2017 Apartment towers in San Jose, Costa Rica, and in Mixco, Guatemala, are some of the vertical residential construction projects planned for the coming months. The information system "Construction Projects in Central America", run by the Business Intelligence Unit at CentralAmericaData, provides an up to date list of the public and private construction projects for which environmental impact assessment (EIA) studies were submitted to the respective institutions of each country in December 2016. More Apartment Towers in El SalvadorThursday, November 1, 2018 A 10-floor apartment building with 3 basements for parking was announced. It will be located in San Francisco, San Salvador. Representatives of Alpha Inmobiliaria, developer company of the residential project called "Tribeca", informed that the condominium will offer 55 apartments and the investment will be approximately $12 million. El Salvador: More Apartment TowersTuesday, February 13, 2018 Construction has been completed of the first of the three towers that will make up the Florida Sky residential complex, and its developer plans to finish the two remaining buildings by 2019. Representatives of the construction company Algasa stated that in December 2017 the first tower of the high rise residencial complex was finished, and that they have already started with the construction of the other two towers. Vertical Housing: $9 Million in New ProjectsThursday, July 18, 2019 In El Salvador, it is planned to build two apartment complexes, one will be in the municipality of Santa Tecla and another in Colonia Escalon, in the capital. Inmobiliaria Centauros develops two apartment projects. The first is called "Torre Libertad" and consists of the construction of a 12-level tower, of which three will be used for parking and the remaining nine for apartments. New Residential Investment in San SalvadorFriday, February 15, 2019 A $5 million investment in a seven-floor apartment building in the San Francisco neighborhood was announced. Tres Torres Real Estate Development Company reported that the construction of the residential tower that will house 30 apartments and would be completed in the first quarter of 2020, is part of the project called "Capitello". El Salvador: Manufacturing Increases Due to Vertical IntegrationFriday, February 13, 2009 The recovery in tailoring and textile exports is due to cost savings generated by specialization in niche markets and from the integration of the production line. Data from the Central Reserve Bank indicate that, in 2008, assembly exports increased 12.5% compared to 2007. This growth was encouraged by the specialization of different businesses, which has favored the vertical integration of the sector. More High Rise Housing in El SalvadorWednesday, April 25, 2018 Construction work has started on a residential complex estimated at $60 million, which will be composed of three apartment towers and will be located in Antiguo Cuscatlán. The housing project being developed by the construction company Urbánica is called "Puerta del Alma". It will have 304 apartments and 709 parking spaces which will be distributed in an open area and two basements, and the condominium will be located on Calle El Pedregal in front of the Multiplaza shopping center. El Salvador: Greater Supply of High Rise HousingTuesday, August 14, 2018 The construction of a ten story residential tower, estimated at $16 million, has been announced. The building will house 96 apartments and will be located in Colonia San Benito, in San Salvador. The construction company Urbánica Desarrollos Inmobiliarios reported that it will start, in December of this year or in January of 2019, construction on a housing complex called "AM Tower", which is expected to be ready in the second half of 2020. Construction of Residential Towers GrowsMonday, July 16, 2018 In El Salvador, the construction has been announced of an eight-story residential tower estimated at $11 million, which will house 56 apartments and will be located in Colonia Escalón, in San Salvador. The company Inverdisa reported that this month it will begin constructing an apartment building that will be called "Torre Limón", and will have a construction area of 2,097 m2 and a height of 38 meters. According to the project developer, the works are expected to be completed by the end of 2019. Forecast for $11 Million Real Estate InvestmentFriday, March 1, 2019 A Guatemalan company plans to build a 9-floor apartment building in El Salvador, in the municipality of San José Villanueva, department of La Libertad. Fidelis develops the luxury residential project called "Foresta Home Tower", which will house 44 apartments with prices over $264 thousand. Residential Building: More Investments PreparedWednesday, September 18, 2019 Urbanica announced that from November will begin construction of the second apartment tower of the residential project "Puerta del Alma", located in Antiguo Cuscatlan, El Salvador. This is the second phase of the vertical housing project, estimated at $18.5 million, because in April 2018 began with investments that included the construction of the first tower of 14 levels and that houses a total of 112 apartments. The dimensions range from 95 to 135 square meters. More Vertical Housing in El SalvadorFriday, January 26, 2018 In Santa Tecla a real estate developer began the construction of 301 apartments distributed in four towers with six and 10 levels each. Without disclosing the overall amount of the investment, the developers of the project called "Casas del Árbol" reported that the apartment towers will be built on a 3.5-acre lot located between the Pan-American highway and the Monseñor Romero boulevard, within the Santa Rosa residential complex. More Apartment Towers in El SalvadorWednesday, February 28, 2018 Plans are underway to build a seven-level tower in San Salvador, which will house 16 apartments and two penthouses, and will have a parking spaces for 42 vehicles. Representatives from the construction company López-Hurtado reported that in a plot of land measuring 1,097 m2, in Colonia San Mateo, they will be building a tower with 18 apartments which will have a construction area of between 100 m2 and 110 m2, with prices between $130 thousand and $140 thousand. More Vertical Housing in San SalvadorWednesday, December 5, 2018 A 22-floor residential tower, which will house 88 apartments in five different types, was announced in the San Benito neighborhood. Representatives of Inversiones Bolívar explained that for the residential project called "Casa Uno Cinco Nueve", construction works are planned to begin in the second semester of 2019, and $30 million investment is estimated.
CONSTRUCTION PLATFORM
Residential Sector: Construction Projects in El SalvadorTuesday, January 4, 2022 There is increasing interest in building housing throughout the country, by means of lots, houses and apartments with varied sizes and prices. CentralAmericaData's "Commercial Feasibility Studies" provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country. |
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