Office building
in Central America
Friday, January 27, 2012
New businesses will open in the Greater Metropolitan Area of San Jose in 2012, with spaces of between 4,000 and 100,000 square meters.
The stores identified are: Lagunilla, Torre 202, Plaza Carolina (stages 1 and 2), Plaza Tempo, Trivium Center, Plaza Lincoln, Paseo Plaza Santo Domingo and Metropolis, according to information provided by Danny Quiros, Market Intelligence Manager of Colliers International , a `real estate consulting firm.
Wednesday, November 30, 2011
An NAI Costa Rica Report for the third quarter 2011, gives analysis categorised by supply, demand and prices, and an evaluation of new projects.
Extract from the report:
The office property market is stable with an availability rate of 8.9%, up 1.1% from last quarter, due to the steady inflow of new office centers to the market.
Tuesday, November 29, 2011
The east and west of the capital are the areas that will see the greatest growth in 2012.
The economic slowdown experienced by Costa Rica , resulting from the global economic depression seems not to have greatly affected the construction sector, at least when it comes to office centers.
Tuesday, November 1, 2011
The new "Corporate Multi-center" ("Multicentro Corporativo" in Spanish) complex will be opened in November in the Costa Rican capital, San Jose.
Approximately 5,300 m2 of office space will be created on two floors with 2,300 m2 on the fourth floor and 2,100 on the seventh.
The Multicentro Corporativo offices will form part of a shopping mall complex with the same name located in Desamparados, Costa Rica.
Tuesday, October 18, 2011
Panama's government has suspended the controversial construction of the tower and transferred the land to the Ministry of Health who announced that a new Children's Hospital will be built there.
This was confirmed by Economy Minister Frank de Lima, putting an end and the controversy that had triggered the construction of the Financial Tower on Balboa Avenue.
Thursday, October 13, 2011
The housing development project will require an investment of $50 million in the first year alone.
The first phase of construction of the mega development, which will incorporate residences, medical clinics, shops and offices, begins shortly.
Wednesday, October 12, 2011
The Ministry of Finance is looking at a new location for the Financial Tower.
The new finance minister, Frank de Lima, remarking on the possibility of building in the area of the former U.S. Embassy on Avenida Balboa, said at a press conference, "... personally I think that this land could be better used. "
Tuesday, October 4, 2011
The Public Security Ministry is putting out to tender the remodeling and adaptation of infrastructure at the Centre for Higher Education (CES in Spanish).
According to the specifications the tender is for the first phase of renovations, and infrastructure adequacy on No. 19 Building, Infrastructure in Buildings 18 and 32, the parade ground of the new site for the Centre for Higher Education (CES).
Wednesday, August 31, 2011
The National Insurance Institute (INS) has put out to tender the construction of a new building for its headquarters in Guadalupe.
According to the specifications the tender is for the procurement of professional services (architectural and engineering) to conduct preliminary studies, preliminary design of construction drawings, specifications, detailed budget, carry out the demolition of the existing building and construct the new site for the National Insurance Institute using a prefabricated system in Guadalupe, San Jose.
Tuesday, August 23, 2011
The first stage of the plan submitted by the Costa Rican Ministry of Foreign Trade will cost $4 million.
Some of the tasks envisaged for the modernization of the Peñas Blancas border include extending service hours, increasing the amount of traffic officers and expanding the highway to four lanes.
This is one of Costa Rica’s most important commercial borders.
Monday, August 22, 2011
The action plan is designed to address the state of emergency that has been declared on the border between Costa Rica and Panama.
A press release from the Costa Rican Ministry of Foreign Trade states:
“The five month action plan will involve increasing the number of traffic officers, implementing an electronic collection system for fumigation charges, extending opening hours until midnight, contracting a design for the primary zone, implementing a system of international transit of goods, widening the highway to four lanes, and starting the remodeling of the immigration building. ‘Technological tools exist today that allow us to complete formalities in advance. To promote use of these, and to make the Peñas Blancas border crossing a place to pass through and not to do paperwork, we will establish before the primary zone a checkpoint that will to give priority to exporters who arrive with their paperwork already processed’, said Vice Minister, Fernando Ocampo.
Friday, July 22, 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.
Thursday, July 21, 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.
Friday, July 15, 2011
The Ministry of Economy is seeking alliances with private companies to build the project via a public tender.
Minister Alberto Vallarino told the press, "We hope to get interest from the private sector in this partnership with the government. We are probably going to choose the company that proposes the best share offer and value per square meter for the public entities who will buy the tower. "
Thursday, June 16, 2011
The Scena Business & Medical Center will contain offices, medical clinics and apartments
$8 million has already been invested for the completion of the first of four stages, expected to be completed in ten years. The total investment will be $50 million.
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