After being suspended for two months by order of the Panama City Mayoral Office, a court of law has authorized resumption of the construction of Sea Point, a complex of three 30-story towers in Paitilla, Panama City.
A ruling by the First Superior Court of Justice orders Panama City's local government to waive the suspension of the construction permit for the Sea Point real estate project, which up until the moment that works were halted was almost 50% complete.
In Managua the first stage of the Kakau Business Center has been inaugurated, and in 30 days the construction of a second tower will begin, with an estimated investment of $10 million.
The first of the office towers located in Camino de Oriente has 64 modules, with dimensions of between 70 and 165 square meters.The development of Kakau Business Center is being managed by the company CIMA.
The price indices of buildings and social interest housing recorded year-on-year changes of 6.55% and 3.19%, respectively, in the eighth month of the year.
From a statement issued by the National Institute of Statistics and Census:
Price indices for construction based on February 2012 are a set of twenty statistical indicators, which measure the change in prices of materials used in the construction of different kinds of works.They are composed of the buildings price index, the social housing price index, and a group of nineteen price indices for raw materials and special services.
The Costa Rican Social Security Fund is putting out to tender the design and construction of structural reinforcement and reconditioning of its headquarters building.
In Panama, a concession is to be granted for the design, financing, construction, operation and maintenance of a new site for the Municipality of La Chorrera.
Panama Government Purchase 2017-5-75-0-15-LV-002552:
Although the guild of construction companies assures that there are about 40 high rise projects intended to be built with private investment in the south zone of San Salvador, supply of these type of houses is still scarce.
Figures from the Planning Office at the Metropolitan Area of San Salvador (OPAMSS)"... which date back to 2014, indicate that only 0.01% of the plots in the urban area in San Salvador cover buildings between 18 and 28 floors, while 46.71% correspond to buildings of one level, equivalent to 36,503 parcels of land."
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.
The price indices of buildings and social interest housing up to May 2017 recorded year-on-year changes of 5.9% and 3.6%, respectively.
From a report issued by the National Institute of Statistics and Census:
Price indices for construction based on February 2012 are a set of twenty statistical indicators, which measure the change in prices of materials used in the construction of different kinds of works. They are composed of the buildings price index, the social housing price index, and a group of nineteen price indices for raw materials and special services.
The Ministry of Health in Panama is putting out to tender the study, design, construction and equipment of a new National Warehouse for Health Supplies.
Panama Government Purchase 2017-0-12-0-08-LV-021411:
The price indices of buildings and social interest housing up to April 2017 registered inter-annual variations of 5.13% and 3.70%, respectively.
From a statement issued by the National Statistics Institute:
Price indices for construction based on February 2012 are a set of twenty statistical indicators, which measure the change in prices of materials used in the construction of different kinds of works. They are composed of the buildings price index, the social housing price index, and a group of nineteen price indices for raw materials and special services. In April 2017, the variations of each of these price indices were:
Educational infrastructure, apartment buildings and wind power generation plants are some of the projects planned for the coming months in Costa Rica.
The information system "Construction Projects in Costa Rica", compiled by the Business Intelligence Unit atCentralAmericaData, includes an updated list of public and private construction projects for which environmental impact studies (EIA) were submitted to National Technical Environmental Secretariat (SETENA) in February 2017.
The price indices for buildings and social interest housing registered interannual variations of 3.71% and 2.18%, respectively up to March 2017.
From a statement issued by the National Statistics Institute:
Price indices for construction based on February 2012 are a set of twenty statistical indicators, which measure the change in prices of materials used in the construction of different kinds of works.They are composed of the buildings price index, the social housing price index, and a group of nineteen price indices for raw materials and special services.In March 2017, the variations of each of these price indices were:
A $53 million road renovation project in Costa Rica, a commercial building and three roadworks in Panama are some of the public infrastructure projects planned for the coming months in the region.
The information system"Construction Projects in Central America",complied by the Business Intelligence Unit at CentralAmericaData, provides an up to date list of the public and private constructionprojects for which environmental impact assessment (EIA) studies were submitted to the respective institutions of each country in January 2017.
The construction union has organized for March 23 and 24 a fair which will showcase the supply of houses worth more than $100,000, and commercial and office buildings.
The event, called the Luxury Homes & Building Fair, will be held at the Hotel Intercontinental Metrocentro in Managua.Representatives from the Chamber of Builders of Nicaragua (Cadur) explained that the fair is being organized in response to the growing development of the property market in the country.
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