Vertical Construction for SavingsThursday, April 25, 2019 Investments in the development of basic road infrastructure could be more efficient in the metropolitan area of Guatemala if more vertical construction is encouraged. According to experts, promoting vertical commercial and housing construction could reduce investments in transportation infrastructure, because it would make Guatemala's metropolitan area more compact and reduce traffic costs. Boom in Vertical ConstructionThursday, February 7, 2019 The need to live in areas close to workplaces and study centers, partly explains the upward trend that has reported in recent years’ vertical construction in the Guatemalan capital. Data from the Municipality of Guatemala detail that between 2017 and 2018, the number of square meters authorized in vertical construction projects increased by 41%, going from 2.69 million to 3.8 million. Costa Rica: $12 Million Residential ProjectFriday, October 6, 2017 Plans are underway to build a high rise condominium that will include three 14-level towers in Tibás, San José province. Data from the interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, points out that, in July, Casa Santa María S.A. presented an Environmental Impact Study (EIA) to develop a high rise residential project in the district of San Juan, San José. 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 High Rise Housing in GuatemalaMonday, March 19, 2018 According to representatives from the union, 2016 was the first year in which more apartments were built than houses in Guatemala City, and in 2017 the trend continued. Construction entrepreneurs confirm that growth in the sector over the last two years is mainly explained by the execution of vertical housing projects, which have mostly been built in Guatemala City. Guatemala: Demand for Vertical Housing IncreasesTuesday, April 11, 2017 In some of the most central areas of the city the price per square meter of construction is over $2,300, driven by growing demand from those wanting to live near the capital. 30 to 85 square meter apartments with prices ranging from $1,700 to $2,340 per square meter are being offered in high rise housing in areas such as Zone 14 and 15, two of the most sought after areas due to their location near the center of the capital . 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. Costa Rica: 42-story Building for $62 millionThursday, January 5, 2017 Plans are underway to build in Sabana Norte, San Jose, a 42 story building with 300 apartments and space for offices and commercial premises. Desarrollo Inmobiliario H Solis submitted an Environmental Impact Assessment (EIA) to the National Environmental Technical Secretariat (SETENA) on October 28 for the construction of a mixed-use tower. $5 Million in Apartment ConstructionMonday, May 13, 2019 In the Dominican Republic, the construction works of the Ciudad Esperanza Project, Stage II, in the province of Barahona are being tendered. Dominican Republic Government Purchase MOPC-CCC-LPN-2019-0017: High Rise Housing Boom in the East of the CapitalTuesday, May 29, 2018 In Curridabat, in the eastern part of the Costa Rican capital, five apartment towers are being built, which will be added to the existing vertical housing supply in the sector. On the road that connects the neighborhood La California with La Galera, east of San José, five vertical residential projects are currently being developed, which will be joined by seven others already inhabited since 2017. It is estimated that the 12 complexes add up to an approximate supply of 1,600 housing units. 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. Guatemala: Municipal High Rise Housing ProjectFriday, December 9, 2016 In an area measuring 2,900 square meters in area 17, the Municipality of Guatemala plans to develop 56 apartments in seven buildings which will each have four floors. Plans are underway to develop the project on municipal land cited 200 meters from the Jacobo Arbenz highway - road to Atlantic -, and they include 56 houses, distributed in seven buildings, in a residential area measuring 1,000 square meters and with 1,917 square meters of urbanization. More High Rise Housing in LimónWednesday, March 28, 2018 As part of the second phase of a residential project in Costa Rica, construction has started on two towers which will each contain 38 apartments. The first phase of the "Condominios del Parque Caribe" housing project in the province of Limón consisted in the construction of two towers with 24 apartments. Representatives from the company Calypso Development Clayde, promoter of the project, stated that the second stage is in the pre-sale phase, and 60% has already been sold. 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. Guatemala: More Investment in Vertical HousingFriday, August 2, 2019 Two vertical residential complexes are being developed in the country's capital, one that will be in Zone 5 and will offer 385 apartments, and another that will be in Zone 15 and will house 24 housing units. The Modus Vivendi company will build a housing complex called "Barrio 5" in the Saravia neighborhood in Zone 5 of the capital, which will be made up of two towers that will house 385 apartments. |
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