Guatemala: Investment in Mixed Use Project

The Íntegro business group announced that it will build a mixed-use real estate complex in Zone 11 of the country's capital, which will house 675 apartments and will also have commercial spaces.

Tuesday, June 15, 2021

The project is called Villa Mariscal and will consist of four totally autonomous towers. Each building will have its own gym, coworking area, meeting areas and rooftop.

You may be interested in "Geospatial Data for Real Estate Market"

Íntegro executives specified that the first tower will begin construction in August 2021 and will be delivered in its entirety in July 2022. This building will have 15 one-bedroom apartments, 77 two-bedroom apartments and 32 three-bedroom apartments, for a total of 124 apartments.

Jorge Mario Figueroa, CEO of Integro, told Soy502.com that "... the project will last three to four years and we expect it to generate around 1,500 jobs. It is a project with 86,900 square meters of construction."

See "$1.7 Billion Investments in Residential Construction"

The article adds that "... this project is aimed at families with members between 30 and 45 years old, university students and young adults who are looking for a housing option with amenities, convenience, excellent location and different entertainment, health and sports options."

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More on this topic

$57 Million Investment in Multipurpose Complex

February 2020

On December 27, 2019, construction began on Céntrico, which will be located in Zone 5 of Guatemala City and will consist of four towers, which will house 495 apartments and commercial premises.

The project that is being developed by Integro Real Estate will be built in four phases, which will require about $57 million in investment and it is estimated that its construction will be completed in approximately three years.

New Residential Project in El Salvador

November 2018

Two apartment buildings have been announced, they will require an investment of $22 million and will be in the municipality of Santa Tecla, department of La Libertad.

The Tres Torres Desarrollo Inmobiliario company reported that the construction of the two towers that will house 156 apartments and will have parking for 340 vehicles, are part of the residential complex "Nuva 112."

$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.

Panama: $15 million Residential Project

December 2014

An environmental impact study has been presented for the construction of a residential complex composed of eight apartment buildings in David, Chiriqui.

The company CAMPO CHIC SA submitted to the National Environmental Authority of Panama in October an environmental impact study for the development of a residential complex consisting of eight apartment buildings called LUA AT RIO MAR in David, Chiriqui.

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