Shopping Centers to Be Constructed in Central America

In the past 12 months, 165 environmental impact studies, valued at $350 million, were submitted for the development of shopping centers, supermarkets, department stores and other types of commercial buildings in the region.

Friday, November 17, 2017

Data from the interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData:  

Panama is where the largest amount of investment is concentrated, with about $197 million in commercial construction projects, corresponding to 100 environmental impact studies submitted between September 2016 and August 2017. The projects include construction, in the province of Panama, of "Centro Comercial Mallorca Park", and the supermarket "Pricesmart Metro Park".

In Costa Rica, 47 EIAs were submitted, which together amount to an approximate investment of $109 millionThe buildings that stand out are the "Walmart Ciudad Quesada" and the "Centro Comercial Santa Ana Town Center" projects, in the provinces of Alajuela and San José, respectively.

In Guatemala 12 studies were submitted for construction of commercial infrastructure. The projects require an estimated investment of $21 million, and highlights include the development of "Pricesmart Zona 5" to be built in Guatemala City.

In Honduras, 2 EIAs were processed to build two shopping centers with an estimated investment of $18 million.

The 165 studies that were submitted include several types of commercial projects, among them shopping centers, supermarkets, department stores, extensions and modifications to commercial buildings, and others. 

CentralAmericaData provides information about construction projects planned in all Central American countries, with details such as estimated investment amount, project times and phases, materials and equipment that will be required during and after construction, water treatment, and parking structure, among other things.

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More on this topic

Guatemala: $8 Million for New Shopping Center

February 2020

A shopping center is planned to be built in the municipality of Chimaltenango that will house a supermarket, shops, banks, restaurant area and a parking lot with capacity for 750 vehicles.

According to the interactive platform "Construction in Central America" from the Trade Intelligence Unit of CentralAmericaData, Axiomas de Negocios, S.A. submitted to the Ministry of Environment and Natural Resources the Environmental Impact Assessment (EIA) to develop the project called "Centro Comercial Chimaltenango."

Commercial Construction: $500 Million in New Investments

August 2019

In the first quarter of the year, 127 environmental impact studies were presented for the construction of commercial buildings in Central American countries, with Costa Rica and Guatemala representing most of the estimated investment.

The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.

$63 million Real Estate Investment

June 2018

East of the Costa Rican capital, in Curridabat, plans are underway to build a mixed development consisting of an office and apartment tower, and a shopping center with 200 stores, cinemas, food courts plus 1,200 parking spaces.

The project, according to the Environmental Impact Study (EIA) submitted in February of this year to the Setena, also includes expansion and remodeling of the hardware store EPA. 

Construction Projects in Costa Rica - June 2015

September 2015

A public health center, a municipal market, shopping centers and residential developments are part of the projects for which environmental impact studies were submitted in June.

The report "Construction Projects in Costa Rica - June 2015", prepared by the Business Intelligence unit at CentralAmericaData.com, provides a detailed list of major construction projects for which environmental impact assessment (EIA) were presented to the National Environmental Technical Secretariat of Costa Rica (SETENA) in June .

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