Panama: Mixed Property Development for $90 million

An environmental impact study has been submitted for construction of a mixed-use building complex in the former Howard base, in Panama Pacific.

Thursday, August 18, 2016

The Environmental Impact Assessment (EIA) was submitted by London & Regional Panama S.A. to the Ministry of Environment in Panama in June 2016, as revealed by the report entitled  "Construction Projects in Central America" compiled by CentralAmericaData.com.

The project developers intend to  ".... create mix use blocks to form a pleasant and unified area for the development of various commercial activities, distributed around public areas such as plazas and pedestrian streets."

The project called "Town Center" will be developed in a total area of 13 hectares and will feature multi - story buildings that will house retail businesses on their ground floors, with the upper floors being used for offices and residences. According to the EIA the estimated investment it is $90,000,000.

"Town Center" will be developed in the area of the former Howard US military base in Panama Pacific.

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Construction Project Report - February 2015

April 2015

Malls, residential projects, sewage works and power plants are part of the list of environmental impact studies presented in February in Panama.

The report "Construction Projects in Panama - February 2015", prepared by the Business Intelligence Unit of CentralAmericaData.COM, provides a list of major construction projects which in the month of January presented environmental impact studies (EIS) to the National Environmental Authority (ANAM).

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London & Regional Panamá

London & Regional Panama is the master developer of the former Howard air base in Panama, now called PANAMA PACIFICO. Panama Pacifico, a mixed-use, business, residential and recreational center, will be created over 40 years by renowned developer London & Regional Panama in conjunction with the government of Panama. For those expanding business overseas, retiring in Latin America or simply visiting this beautiful locale, our sustainable, mixed-use business center and residential hub provides a balance of world-class amenities, infrastructure and services.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (507) 316-3500

Company Profile

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