Panama: Shopping Centers Driving Coronado AreaMonday, December 6, 2010 The recent opening of Coronado Mall and the upcoming opening of Plaza Las Pergolas are driving the development of the area. Shopping mall Plaza Las Pergolas is scheduled to open in January 2011 and has 32 shops spread over five modules as well as 31 deposits starting at 27 square meters. Palma Real (Royal Palm) announces investment on the coast of HondurasWednesday, August 27, 2008 The "Key View Hotel and Condominiums" project, located in La Ceiba, includes a condominium tower and a five star hotel. The company in charge of the construction is Inmobiliaria Turística del Caribe, which has more than 10 years of experience in this type of work. Guatemala: Construction Projects - February 2016Wednesday, May 4, 2016 Residential developments, electrical works, commercial buildings and offices and a production plant for mashed bananas, are some of the projects which requested environmental permits in Guatemala in February 2016. The report "Construction Projects in Guatamala - February 2016", prepared by the Business Intelligence unit at CentralAmericaData. com, provides an up to date list of major construction projects for which environmental impact assessment (EIA) studies were presented in February to the Ministry of Environment and Natural Resources of Guatemala. Panama: $50 Million in Two Hyatt HotelsMonday, April 26, 2010 Hotel chain Hyatt will administer two hotels that will be built in the banking district and the Eastern coastline. Josep Malca, president of Inmobiliare Real Estate Development, owner of the financial district hotel, announced that construction would start on May and could be ready by 2012. Total investment in this project sums $22 million. Panama: High Supply and Demand for OfficesMonday, March 28, 2016 Although construction of office space keeps rising, the real estate union has projected that rental prices will remain steady this year without any significant changes. The union of real estate in Panama City believes it is not yet time to speak of a "glut" in the office market, although the inventory continues to grow, without having a direct impact on rental prices. Panama: Ambitious Plan for AmadorMonday, May 14, 2018 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. " $ 42 Million for Construction of “Green” Hotels in CAWednesday, December 15, 2010 The IDB approved the funding mechanism to develop at the most eight Marriott hotels. The Inter-American Development Bank (IDB) approved U.S. $ 42 million in long-term loans to finance a maximum of eight Marriott hotels, to be developed by Caribe Hospitality SA in Costa Rica, Nicaragua, Guatemala, Panama, Jamaica, Trinidad and Tobago, and Mexico as long as they comply with environmental standards and sustainability requirements. Construction Starts at Bahía de TelaFriday, January 22, 2010 The touristic endeavor started with the construction of the first of two hotels, after the government completed basic infrastructure works. Juan Canahuati, president of the board of project Los Micos Beach & Resort, explained that one of the hotels belongs to Westin Hotel Resorts, and the other to Conrad Hotel and Resorts. Golf Course Underway at Bahía de TelaTuesday, September 21, 2010 $5 million will be invested in developing a golf course in the Honduran touristic project known as “Los Micos Beach and Golf Resort”. The 18-hole course will be designed by Gary Player, a renowned designer with over 300 golf courses around the globe, and will be funded with resources from the investors behind the group called “Desarrollo Turístico Bahía de Tela”. Honduras Lands $298 million For DamThursday, July 11, 2013 The Industrial and Commercial Bank of China will provide the funds to carry out the Patuca III hydroelectricity project. The plant is planned to be built in the eastern region of Honduras, and will have capacity to generate up to 524 megawatts of clean energy with a total price of $1.2 billion. Social Housing: A $588 Million BusinessWednesday, July 26, 2017 Since 2015 to date, contracts have been awarded in Panama for $588 million to build 30,550 social interest homes, at an average price of $19,260 per housing unit. During the years 2015, 2016 and so far in 2017, the government of Panama has awarded $588 million in contracts for the construction of 30,550 social interest homes, paying an average price per housing unit of $19,260. Increases in Area Involved in Panama Bay CleanupThursday, June 25, 2015 Due to the rapid growth experienced by the city, it is estimated that it will take $1,321 millions more to complete the sewerage project in Panama city and Panama Bay. The plan which started in 2006 will require additional investment, needed to include in the initial design areas that have now been urbanized, mainly in Panama East and Panama West. The new estimates were made by the consulting firm Hazen and Sawyer. Panama: Bids for Park for $17 millionFriday, January 29, 2016 Global Service and Equipment Panama, Constructora Pirenaica, Constructora Meco and INGEPA submitted proposals to build the Municipal Park North, in Chilibre. The Mayoral Office of Panama received four proposals in the tender for preliminary studies, completion and adoption of the project, development and approval of construction plans, technical specifications and procurement and construction of Municipal Park North Phase 1 (community of San Vicente, in Chilibre subdivision district of Panama). Financing Sought for Technology ParkTuesday, April 30, 2013 Green Valley Business and Tecnology Park will be built on 230 hectares of land in Costa Rica, designed to accommodate high-tech companies. It is expected that the technology park to be built in Argentina de Grecia, will attract high-tech companies in areas such as manufacturing, health sciences and services. "Green Valley Business and Tecnology Park" will be built on 230 hectares of land which is currently farmland or disused land, said Francisco Bogantes, coordinator of the project, promoted by the Municipality of the town. Costa Rica: Tourist Resort for $12 millionMonday, October 17, 2016 An Environmental Impact Study has been submitted for construction in Perez Zeledon of a tourism development comprising of a hotel with ten villas and 50 rooms, plus a residential area. The Environmental Impact Assessment (EIA) study was submitted by Haciendas de El General S.A. in July 2016 to the National Environmental Technical Secretariat. The document states that the project includes "construction of a development for residential tourist use, which will include in general the following activities: Hotel Villas and Guestrooms, Hotel Arrival and F & B, Wellness Center, Education and Meeting Room, Heart of the house, Employee accommodation, organic farm, Villas Rise and development for sale: Community residences, brand residences. |
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