Costa Rica: Boom in High Rise Housing

Aimed at the middle and upper classes, most developments are to the west of San Jose.

Among the projects, one that has already been started is Paseo Colón Torres, in which $28.6 million has been invested and will be finished next year.

El Financiero reported statements by Rosendo Pujol, director of the Research Program on Sustainable Urban Development at the University of Costa Rica (PRODUS in Spanish), concerning the reasons for this boom, which he said were "... insecurity, growing congestion on roads and significant increases in the income of a minority. "

Source: elfinancierocr.com