Apartment Building: New Investment Planned

In Zone 10 of Guatemala City, the company Iquique S.A. plans to build a 12-level tower, with apartments of three rooms each.

Wednesday, October 21, 2020

According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Iquique S.A., submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called "Menara".

Learn more about CentralAmericaData's "Commercial Feasibility Studies".

The study presented to the authorities explains that the project consists of the construction of an apartment building with 12 floors plus a rooftop, which will house 22 housing units.

The building will be supplied with water through its own mechanical well, subway cistern built in basement 4 and treatment plant for ordinary waste water. The tower will be 44.7 meters high and will have elevators, which will not use a machine room.

The condominium will have a parking area, study room, fitness center, children's play area, outdoor gardens and administrative offices.

According to the EIA, it is expected that this project will require more than $2 million in investment.

CentralAmericaData has information on the construction projects planned in all Central American countries, with details such as estimated investment, project times and phases, inputs and equipment that will be required during and after construction, water treatment, parking structure, among others.

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More on this topic

New $25 Million Investment in Housing

September 2019

A 53-story residential tower is planned to be built on a plot of land of approximately 3,300 square meters in Panama City.

Alive Real State, S.A. presented to the Ministry of Environment the Environmental Impact Study (EIA) to develop the residential project called "Alive."

New Real Estate Project in Guatemala

November 2018

A 15-floor building is planned in Zone 11 of the country's capital, which will have 118 apartments and a parking lot with capacity for 246 vehicles.

According to the interactive information system "Construction in Central America" developed by CentralAmericaData, Desarrollos San Miguel, S.A. plans to build a tower that will house 89 apartments with three bedrooms and 29 with two bedrooms.

Construction Projects Planned in Costa Rica

May 2018

Towers of apartments and a hotel in the province of Heredia, and an educational center in Cartago, are some of the works that are planned to be developed during the next 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 that are planned in the region.

Guatemala: $55 million in Residential Projects

October 2017

In August 2017, three construction projects were processed, comprising seven towers with 547 apartments, all to be developed in Guatemala City.

Data from the interactive information system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData.

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