Guatemala: Mixed Real Estate Project for $13 million

An Environmental Impact Study has been submitted to build, in Zone 10 of Guatemala City, a building on twelve levels with spaces for shops and offices.

Friday, August 5, 2016

The developer Inversiones y Construcciones Inmobiliarias submitted to the Ministry of Environment and Natural Resources (MARN) an Environmental Impact Study to build the project called "Grand Reforma 10".

The report "Construction Projects in Guatemala" by, states that the project area is 2,096.21 m2 and consists of a building that will house activities such as commercial premises and general offices broken down as follows: 7 levels below the street level, called "Sotanos" and 12 levels on street level, called "Torre".

The EIA indicates that the estimated amount of investment to develop this project, which will be located on Avenida Reforma in Zone 10, is $13,262,599.

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