A mixed-use complex is planned to be built in the district of San Francisco, Panama, consisting of two towers, which will have commercial premises and will also house 288 apartments.
Bienes Le Parc, S.A. submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) called “P.H. Le Parc Reisdences.”
In the new complex there will be a 26-level tower that will have 7 apartments per floor and the other 21-level tower will house 5 apartments per level. In the first levels of the building there will be an area for commercial premises as well as parking spaces.
The approximate cost of the work is $10 million, and the project execution period is 36 months.
288 apartments plus commercial premises at a cost of $10 million make a cost of $34,722/apartment not counting the commercial premises. Will be interesting to see how much they are going to sell for?