New Corporate Headquarters in San Jose

The east of the capital of Costa Rica has become an important pillar for real estate development, and will receive $40 million in investment for a Class A office center

Thursday, July 21, 2011

From the press release:

San Jose, Costa Rica, July 21, 2011 - 4D Real Estate Development has announced the start of works at TERRA Corporate Campus, a Class A office center located in one of the sectors of the city with the fastest growing economic dynamism.

The development of the project is expected to generate a significant contribution to growth in East San Jose, mainly in the area of Tres Rios, which in recent years has become an important center for real estate development, creating new sources of employment.

Javier Chaves, President of 4D Real Estate Development, welcomed the start of the project. "We are pleased to be part of the growth of this city, where economic development has been increasing significantly."

TERRA Corporate Campus will be a Class A office complex, consisting of two five storey towers each with a basement and 22,708 meters square of leasable space, there will also be a pedestrian plaza with green areas and commercial spaces for business that will serve the offices.

The project will require a total investment of $40 million, and will be developed in two stages, the first of which is already underway and is expected to be finished in the first quarter of 2012. This stage will involve the construction of the first office tower, the mall and the parking areas.

More on this topic

Inauguration of Office Center in East San Jose

May 2012

4D Real Estate Development has inaugurated the first phase of the Terra Campus Corporate office center, adjacent to the mall Terramall in Costa Rica.

From the press release by 4D Real Estate Development:

San Jose, Costa Rica, May 3rd , 2012 - 4D Real Estate Development has announced the opening of the first stage of the TERRA Corporate Campus, a Class A office center, located in East San Jose, a sector with the most development and economic dynamism in the greater metropolitan area.

New Office Park in Costa Rica

March 2011

4D Real Estate is developing an office center in the canton of La Unión, Cartago.

Terra Campus Corporativo will consist of 22.708 square meters of rentable office space, parks and commercial areas.

Marcela Fernandez, director of 4D Real Estate Development, spoke with Nacion.com: "The project was created in order to provide businesses with office space east of the city, which has a large population, mostly having to travel westward to reach their workplaces."

Rise of Office Centers in Guatemala

July 2011

The opening of the Desing Center corporate office buildings whose investment is $26 million, adds to the growing collection of new office centers in Zone 10 in Guatemala City.

The new center joins the 30 existing buildings and with them others whose construction is nearing completion, as is the case of the Sixtino II Building, the Interamerican Business Center, the Dubai Center and the Banco Industrial’s Tower 3 in Zone 4.

Costa Rica: Investment in New Office Buildings

April 2011

'Terra Oficinas' ("Office Land" in Spanish) and 'Parque Empresarial del Este' ("East Side Business Park") are two new centers in the east of San Jose.

With an investment of more than $100 million, the Parque Empresarial del Este office block will be built on a 90,000 m2 site in the east of the Costa Rican capital, close to the center.

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