$22 Million for New Real Estate Project

The works include the converting five acres into land suitable for residences, a shopping mall, condominiums and a hotel, the construction of which is expected to be completed in late 2012.

According to an article in Laestrella.com.pa's, "The project includes building 91 houses in the residential area, of which 64 are apartments and 27 will be houses, all within a gated complex with a perimeter wall and security gate. The square, the commercial component of the new concept, will have the capacity to house 17 shops or establishments. "

The 100 room hotel, called 'Cubitá Hotel', will have two meeting rooms, a swimming pool, gym and spa.

Source: laestrella.com.pa

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