$75 million Real Estate Investment

Plans are underway to build, in a 3,200 square meter lot in Bella Vista, Panama City, a 62 story building for residential and commercial use.

Monday, May 21, 2018

The company DAO Panama Development, S.A. submitted an Environmental Impact Study (EIA) to build a mixed building of offices, shops and apartments. The project is called "DAO Panama", and will be developed in the town of Bella Vista.

See also "Central America: $4 billion in residential projects"

According to the document, the building will be 62 storeys high, of which 12 will be used for parking, 2 for building services, 2 for commercial premises, 4 for offices, 2 for social areas for the apartments and 40 storeys where 320 apartments will be built.

The study adds that the total construction area is 92,782.6 m 2 and the estimated investment for the work is $75 million.

CentralAmericaData has information on planned construction projects in all Central American countries, with details such as estimated investment, time 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

$37 Million in Mixed Use Tower Investment

August 2019

A 55-story tower will be constructed in the town of Bella Vista, in the province of Panama. It will house 148 apartments and will also have space for commercial premises.

Natural & Building Corporation submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the mixed-use project called, "Park & Fifty Residential-Complex Commercial-Residential, Phase One - Tower One".

New Multipurpose Project in Costa Rica

April 2019

In Curridabat, Costa Rica, it is planned to build an 11-floor building that will have commercial premises, apartments and offices, for which it is planned to invest just over $5 million.

Desarrolladora HEE S.A. presented the Environmental Impact Study (EIA) to develop the project called "Torre Las Loras", which will be built on a lot in Granadilla, San Jose province.

Multipurpose Building for $18 million

October 2018

A 22-floor commercial and residential building is planned in Zone 10 of Guatemala City, which will have 11 basements for parking vehicles.

According to the interactive information system "Construction in Central America" of CentralAmericaData, Forum Americas 14, S.A. plans to build a tower that will house shops, offices and apartments.

$61 million to be Invested in Real Estate Development

September 2017

An environmental impact study has been submitted for the construction in San Miguelito, Panama, of a mixed complex consisting of six apartment towers and a tower for commercial use.

Data from the Interactive System "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, indicates that in June Inmobiliaria Panamá Bella S.A. submitted an Environmental Impact Study (EIA) to the Ministry of the Environment.

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Envirolab S.A.

Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Phone: (507) 224-5847 - (507) 224-4278

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