$30 Million Investment in Multipurpose Project

In the coming months, it is planned to build in Alajuela, Costa Rica, a real estate complex consisting of a hotel, an office building and a commercial area.

Monday, March 11, 2019

Inversiones Andino S.A. presented the Environmental Impact Study (EIA) to develop the project called "City Towers Alajuela", which will have a construction area of 26 thousand square meters.

The project consists of the construction and operation of a 138-room hotel, which will have meeting rooms, swimming pool, restaurant and lounge. There will also be an office space and another area for stores.

The works planned for the project include the construction of accesses, streets, sidewalks, drinking water network, pluvial and sanitary sewerage, treatment plant, lighting and electricity, installation of telecommunications infrastructure, parking area, adaptation of green area.

According to the study, the project will be located in the district of Alajuela and is expected to invest about $30 million.

CentralAmericaData has information on the construction projects to be developed in Central America, with details such as estimated investment, times and phases of the project, supplies and equipment that will be required during and after construction, water treatment, and parking structure, among other things.

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More on this topic

Guatemala: $8 Million for New Shopping Center

February 2020

A shopping center is planned to be built in the municipality of Chimaltenango that will house a supermarket, shops, banks, restaurant area and a parking lot with capacity for 750 vehicles.

According to the interactive platform "Construction in Central America" from the Trade Intelligence Unit of CentralAmericaData, Axiomas de Negocios, S.A. submitted to the Ministry of Environment and Natural Resources the Environmental Impact Assessment (EIA) to develop the project called "Centro Comercial Chimaltenango."

$12 Million in Industrial Investment

October 2019

In an area of 39 thousand square meters located in the village of Pacora, the plans are to build an industrial building that will be used by a company manufacturing metal structures.

Industria Correagua, S.A. presented to the Ministry of Environment the Environmental Impact Study (EIA) called "Construction of Gallery No. 2".

Urbanization Project for $10 Million

January 2019

On a 360-hectare property in the district of Chirú, in the province of Coclé, the project plans to begin building the basic infrastructure for the subsequent development of a tourism project.

According to the interactive information system "Construction in Central America" by CentralAmericaData, Desarrollo Turístico Solmar, S.A. presented the Environmental Impact Study to the Panamanian authorities of the project called "Development of Basic Infrastructure for Solmar Tourism Project."

Increasing real estate development in Central America

October 2018

A multi-purpose project in Costa Rica, works on aqueducts in Panama, and a condominium in Guatemala are part of the projects planned for the next months in the region.

The interactive platform "Construction in Central America", from the Business Intelligence Area of CentralAmericaData, includes an up to date list of public and private construction projects that are expected to be built soon.

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Grupo AR Inversiones S.A.

The company develops small comercial projects in the capital city of Guatemala. 15,000-25000 square meters of construction area.
Operates in Guatemala
Phone: (502) 2367 5114 - (502) 2367 5113

Company Profile

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