Apartment Building to Be Constructed in El Salvador

Grupo Roble announced that it plans to start building a tower of 105 apartments and 245 parking spaces in Antiguo Cuscatlán by the end of this year.

Tuesday, December 19, 2017

The tower will be located in the Cumbres de la Escalón area, between Masferrer avenue north and Las Granadinas street, in San Salvador. 

See also "Construction in the Region: The Most Important Projects in 2017"

Laprensagrafica.com reports that "...The tower will consist of 105 apartments in three different models, with spaces ranging from 74 square meters to 108 square meters.  In addition to the housing space, the project will have 245 parking spaces."

Alberto Poma, executive vice president of Grupo Roble, explained that "...Construction work is expected to last around 10 months. The project will generate about 250 direct jobs and 750 indirect jobs during the development phase. 'It is a project that, due to its location, will have a unique view of San Salvador and the San Salvador volcano'.

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More on this topic

Apartments: New Investment in El Salvador

December 2020

The developers Alpha Inmobiliaria and 3 Torres, announced the beginning of the construction of two residential towers that will house 38 apartments, the complex would be ready by the second quarter of 2022 and will be located in the Escalon colony of San Salvador.

According to information provided by the developers, the new residential project is called "Scala Apartamentos", will require an investment of over $6 million and consists of the construction of an 11-level tower and a 9-level tower.

Vertical Housing: New Investment in El Salvador

December 2019

Grupo Roble began building a 15-story residential tower in the country's capital, which will house 96 apartments and is expected to be ready by the end of 2020.

According to the directors of the real estate company, the building called "Altos Tower" that is located on the extension of the Alameda Juan Pablo II of San Salvador, will have a parking lot with capacity for 224 vehicles.

Construction: Upcoming Projects in the Region

July 2019

The construction of a school in Costa Rica, urbanization works in Panama and the development of a vertical residential complex in El Salvador are some of the projects planned for the coming months in the region.

The interactive system "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are expected to be built in the coming months.

$58 million Residential Development Project

July 2017

Urbánica has announced that it is planning to start building the first of three 14-storey buildings and 112 apartments in Antiguo Cuscatlán at the end of this year.

The developer plans to start building the first of the towers later this year, and construction of a second and third will depend on the sales process. According to Alejandro Duenas, executive director of Urbánica, in the first phase of construction $24 million will be invested.  

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