$50 million Residential Project in Panama

A residential complex is to be built in a 6-hectare plot and will contain 416 apartments in 8 14-storey buildings within the development area of ​​Costa Sur, in Juan Diaz, Panama.

Friday, May 26, 2017

On March 6 of this year San Marino Eco Development S.A. submitted to the Ministry of Environment an Environmental Impact Study (EIA) to develop a residential project aimed at the middle-upper middle class segment in the Juan Díaz district, District and province of Panama.

The EIA states that "...The project consists of the construction of 8 buildings on 14 levels (PB + 13) with a total of approximately 416 apartments, which will be built around a park / central social area with swimming pool, gardens, sports courts and other amenities.  

"... The project will have a system of internal streets, parking areas for residents and visitors, underground infrastructure (potable water systems, rainwater system, gas, sanitary system, electric) and wastewater treatment plant.  The San Marino Project is based on growing demand for housing solutions that meet the demands of both the local and foreign market resulting from the economic growth of the country, which requires the creation of comprehensive solutions that offer residents facilities and services in a safe and central environment."


The total investment amount is estimated at $50 million.

Are you interested in construction projects in Central America?

Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization.

Request more information:









this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Residential Developments in Central America

September 2018

Apartment towers in the capitals of Costa Rica and El Salvador, and a horizontal residential condominium in Panama, are some of the housing projects that are planned for construction in the following months.

The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects which are planned to be built in the short and medium term.

Residential projects in Central America

June 2017

Apartment towers in Costa Rica, Guatemala and Panama are some of the residential construction projects planned for the coming months in the region.

The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country in April 2017.

Panama: High Rise Houses for $85 million

December 2016

Plans are underway to build in the village of Juan Diaz in the province of Panama, 17 buildings which will house a total 758 apartments.

San Marino Eco Development, S.A. presented in September 2016 two Environmental Impact Assessments (EIA) to the Ministry of Environment to develop construction projects for apartment buildings.

Panama: $161 million in Residential Projects

October 2016

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.

 close (x)

Receive more news about Infrastructure & Construction

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Tailor made software for construction companies

O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Apr 12)
Brent Crude Oil
62.83
Coffee "C"
130.05
Gold
1,731
Silver
24.795