New Hotel Investments in Costa Rica

©image: Hotel Kursaal & Ausonia

Scheduled to open in late 2011, the first one will be located in Cariari, Heredia. The other unit still does not have a specific location but would begin operations in mid-2012.

"El Financiero learned that Meridian Group – owner of Oficentro in Escazú-has requested permits for a 14-story hotel."

The president of Enjoy Group, Ruben Pacheco, owner of Hilton Doubletree Puntarenas and Hilton Papagayo, told the newspaper that they are in the process before the Transportation and Public Works Ministry of requesting permits for another Hilton in San Rafael of Alajuela.

Source: elfinancierocr.com

More on this topic

New Corporate Headquarters in San Jose

July 2011

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

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.

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 Shopping Center in Costa Rica

February 2012

With an investment of $4 million Mango Plaza, located near the International Juan Santamaria Airport, will open in December.

The new center will feature stores, supermarkets, appliance stores, fast food restaurants, and a small office building.

The office center will be located in the same complex where Courtyard by Marriott, operated by Caribe Hospitality, can also be found.

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.