Plans are underway to build a 13-level building in Zone 4 of Guatemala City, with 187 parking spaces and 11,000 square meters for commercial premises and offices.
Construcciones Modernas, S.A. presented to the Ministry of Environment and Natural Resources (MARN) an environmental impact study (EIA) to build a mixed building, with space for commercial premises and offices, in Zone 4 of the capital.
In the first five months of 2018 the cost of new construction, additions and repairs in Panama fell by 41% compared to the same period in 2017, going from $784 million to $456 million.
The most recent figures from the Comptroller General of the Republic confirm what has been observed in the Panamanian market since last year: a constant decline in the number and value of new construction projects.
The Panama Council has approved a moratorium on the granting of construction permits in the urbanization Villa Las Acacias, in the Juan Díaz district.
The suspension, which "... will be in force until hydraulic studies are made on the conduction, evacuation and final destination of rainwater and runoff in the sector ..." , also applies to real estate projects that are carrying out earthworks and that do not yet have a building permit.
The updated plan to develop the Amador Causeway proposes taking advantage of the stretch between the Biomuseo and Naos Island, and building recreational areas on platforms on piles there.
The Administrative Unit of Reverted Property (Uabr) reported that the study of the master plan updated by the firm Tourism, Business & Planning (C4T), recommends the installation of six platforms that will house recreational areas, which would be built on piles overlooking the entrance to the Panama Canal. "...They would be a kind of piers or platforms on piles, where various businesses would be operating. "
The Latin American Development Bank is calling for expressions of interest to carry out a feasibility study on the public transport system in the center of Panama City.
The Panama Housing Ministry is putting out to tender studies and construction of a residential development project in the district of Chepo, province of Panama.
Panama Government Purchase 2017-0-14-0-10-LV-012232:
The Panamanian Housing Ministry is putting out to tender studies and construction of a residential development project in Isla Colón, province of Bocas Del Toro.
Panama Government Purchase 2017-0-14-0-01-LV-012226:
High levels of absorption have been reported in the segment of housing projects focused on the middle class, in the south of the capital and also in the suburban area of Heredia.
From a report by Newmark Grubb Central America:
The south of the capital stands out as having the strongest momentum of all the areas with the highest absorption of housing projects in the Greater Metropolitan Area.This was revealed by the latest report on the sector published by NEWMARK corresponding to the Second Quarter of 2016.
The event to be held from February 17 to 19, will showcase 50 housing projects with prices of between $20,000 and $100,000, and it is expected that at least 500 homes will be sold.
The Housing Construction Chamber of Nicaragua (Cadur) is the organizer of the event, which will take place at the Crowne Plaza Convention Center in Managua.
An environmental impact study has been submitted for construction of a mixed-use building complex in the former Howard base, in Panama Pacific.
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 mayoral office of Panama is putting out to tender the design and improvement of the public space, road and pedestrian infrastructure, and easements in the public space on Via Argentina.
High rates of urbanization in the region, though with differences between the various countries in it, present great opportunities for economic development, generating business options.
From a report by the World Bank:
ABSTRACT
Central America is undergoing an important transition, with urban populations increasing at accelerated speeds, bringing pressing challenges as well as opportunities to boost sustained, inclusive and resilient growth.
The mayoral office of Panama is putting out to tender the design and improvement of public spaces, road infrastructure, pedestrian infrastructure, and easements in Calle Uruguay, district of Panama.
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