Costa Rica: More Residential and Commercial Construction

In 2015 condominiums fueled a growth of 10% in housing projects, while commercial construction increased by 31%.

Thursday, January 14, 2016

From a statement issued by the Association of Engineers and Architects:

In 2015, the Association of Engineers and Architects (CFIA) registered more than 9.2 million square meters, a figure that is 14% higher than the amount reported in the previous year. The Data corresponds to the registration of professional responsibility for construction plans which all works must be submit to the CFIA prior to the application of a municipal building permit.

Among the strengths of the construction sector which favored the dynamism seen in 2015, is the housing sector, which grew by 10% compared to 2014, and the commercial sector which grew by 31%.

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More on this topic

Costa Rica: Construction of Residential Towers for $30 million

November 2014

The Garnier & Garnier Group has started construction of a complex of two apartment towers with commercial spaces west of the capital.

The first stage consists of a 23 story tower which will feature commercial areas, parking and apartments priced from $125,000. The complex will be located 150 meters east of San José Palacio hotel.

Costa Rica: $18 million for Residential Tower

July 2013

A 29 storey tower containing 126 apartments in the center of the capital San José confirms the trend towards high rise housing with easy access to urban services.

The project which is by Grupo Inmobiliario Del Parque is part of the second phase of the project Torres de Paseo Colon.

Panama: "Costa Verde" Urbanization Moves Forward

September 2009

The project includes basic services, roads, areas for residences and commercial and recreational developments.

It is located in La Chorrera district and investment in infrastructure is estimated at $120 million.

To date, 20% of its total available area has been sold, said Ramón Arias, Project Director, who added that "this can't be seen as an urbanization, as it really is a city".

Housing Project proposal by the Roble Group in El Salvador

October 2008

Development Poles. This is how the Roble Group describes the housing projects it is carrying out in El Salvador.

The Miramar and La Hacienda housing complexes, both located 20 kilometers from the road to the La Libertad port, have brought development to the area and some inhabitants from the surroundings have had the opportunity to obtain direct employment, said Ruth Hasbun, Marketing Manager at the Roble Group.

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