In Costa Rica, the construction of the "San Pedro Business Center" project is planned, with eleven levels for office rentals and a commercial area, in addition to two basements for parking.
The interactive platform "Construction in Central America", from the Trade Intelligence Unit of CentralAmericaData, provides an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
Two office towers in El Salvador, a corporate center in Honduras and a shopping center in Panama are part of the investments announced in Central America for the coming months.
The interactive system "Construction in Central America", of the Trade Intelligence Unit of CentralAmericaData, includes an updated list of public and private construction projects to be developed in the coming months.
A multipurpose tower in El Salvador, a logistics park in Panama and a corporate center in Guatemala are part of the investments planned for the coming months in Central America.
The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned to be built soon.
Grupo Britt invested $7 million in the construction of its new 3,000-square-meter corporate center, located in the canton of Barva, in the province of Heredia.
Managers of the business group, which has presence in 13 countries, reported that the new building houses the service centers of the companies Café Britt and Morpho Travel Retail.
In Costa Rica, it is estimated that the level of occupation of corporate spaces is 90%, being the modality "coworking", the type of office most sought by companies that are established in the country.
According to reports from Newmark Knight Frank (NKF), San Jose West, Heredia and the Savannah sector, are the most attractive areas in the country for future projects of this type.
The first of the five buildings that will form part of the La Lima Corporate Center was launched in Cartago, which will require a global investment of close to $98 million.
The project in charge of the real estate company Garnier & Garnier, is a complex of offices that is constructed in a plot of eight hectares in the industrial park La Lima, and contemplates the construction of up to five buildings of four floors each one, informed the Costa Rican Coalition of Initiatives of Development (Cinde).
In the coming months, an office building of 25 levels is expected to be built in San José, Costa Rica, with 5 basements and 20 floors above ground level.
Noqueno S.A. presented the Environmental Impact Study (EIA) to develop the project called "Sabana Corporate Center", which will have a construction area of 90 thousand square meters.
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.
Plans are underway to build 3 buildings of 3 levels each, in Belen in the province of Heredia, for use as offices and commercial premises.
Polan Assets S.A.presented an Environmental Impact Assessment (EIA) study to the National Environmental Technical Secretariat (SETENA) on November 29 for the construction of three mixeduse buildings.
Developers are planning to start work in January 2017 on the construction in downtown San Jose, of an office tower with 61 thousand square meters of space on 40 floors.
Omnia Desarrolladora Inmobiliaria plans to invest $35 million in the building, which will have 193 premises with floor spaces ranging from 105.8 square meters to 178 square meters. The planned building will have 40 levels, 11 floors underground designated parking for 550 spaces.
So far in 2015 12 shopping centers have been opened, in different formats, and by December 36 more projects will have been inaugurated, plus another 30 next year.
The tendency to build small shopping centers, open squares and mixed use areas has been highlighted by industry experts as the main differentiator compared to previous years when the development of large shopping centers predominated.
Complete gray works and at least 48 thousand square meters in the plant located in Down Town are part of the features that the office buildings to be offered to the Ministry of Finance must have.
One of the important specifications required the Ministry is that the building must be located within a radius of 10 kilometers from the main building of the Ministry of Finance.
The failed attempt to acquire a building which has already been constructed in order to reduce spending on rents, could lead to the start of a process to build one specifically designed for its needs.
The Comptroller General's Office refused the permission requested by the Ministry of Finance to buy the office complex 'El Tobogán', for $121 million, citing lack of market research.
The Ministry of Finance has justified the purchase pointing to savings of several million dollars every year by concentrating all activities in one building and not having to pay rent.
From a statement issued by the Ministry of Finance of Costa Rica:
Closing the cycle of paying rent in the Ministry of Finance is the purpose of the initiative presented by the chief of this institution and First Vice President, Fallas Helio, for the purchase of a building which would house more than 2,000 of the institution's staff members, from the second quarter of this year.
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