Sunday 26 September 2021

US$56 Million in Residential Projects

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Torre 40 is one the announced developments that is expected to change San Jose's skyline, as Costa Rica moves from horizontal construction to vertical
Torre 40 is one the announced developments that is expected to change San Jose’s skyline, as Costa Rica moves from horizontal construction to vertical

Vertical and horizontal residential condominiums in the provinces of San José, Heredia and Cartago are some of the projects for which environmental impact studies were submitted in May 2016.

The report “Construction projects in Costa Rica in May 2016” prepared by the Business Intelligence unit at CentralAmericaData.com, provides an updated list of major construction projects for which environmental impact assessment (EIA) studies were submitted to the National Environmental Technical Secretariat (SETENA) in May.

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Details of some of the projects:

Torres Freses S.A. presented an EIA to build, in Curridabat, in the province of San José, an apartment tower on 25 floors with a total construction area of 19,845m. According to the document an investment of $13,100,300 is estimated for the project called “Torre Freses”.

Bambu 106 Sociedad Anonima presented an EIA to build, in the district of Ulloa, Heredia province, two buildings of 19 floors each with 152 apartments each for a total of 304 apartments. The project is called “Condominio Residencial Comercial Vertical Bambu 106” and the investment amount is estimated at $12,945,031.

Residences Parque del Este S.A. submitted an EIA to build in the district of San Rafael, San José Province, a residential area consisting of 110 apartments with sizes ranging from 61m 2 to 90m2 distributed longitudinally in a building on 4 levels, graded according to the topography of the site. According to the study the investment amount is $10,050,000 and the project will be called “Condominio Residencial Natú”.

Source Centralamericandata.com

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