{"id":1734,"date":"2010-12-22T13:55:21","date_gmt":"2010-12-22T18:55:21","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=1734"},"modified":"2010-12-26T15:58:23","modified_gmt":"2010-12-26T20:58:23","slug":"400-million-urban-development-project-in-panama","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/400-million-urban-development-project-in-panama\/","title":{"rendered":"$ 400 million Urban Development Project in Panama"},"content":{"rendered":"<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2010\/12\/tocumen.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1735\" title=\"tocumen\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2010\/12\/tocumen.jpg\" alt=\"\" width=\"977\" height=\"265\" srcset=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2010\/12\/tocumen.jpg 977w, https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2010\/12\/tocumen-300x81.jpg 300w\" sizes=\"auto, (max-width: 977px) 100vw, 977px\" \/><\/a><\/p>\n<p>I have followed the growth of the Tocumen International Airport and not unlike the Miami International Airport, the surrounding industrial and office market offers incredible opportunities for investment and commerce.\u00a0 As reported by CentralAmericadata.com,\u00a0 Tocumen S.A. will develop the basic infrastructure of an area of 850 hectares near the Tocumen Airport.<\/p>\n<div>According to company estimates, the project would include a residential complex, hotels, a business center and commercial storage. Investment could reach $ 6 billion.<\/p>\n<p>To date about $ 100 million have already been invested, including land purchase and development of the master plan.<\/p>\n<p>According to Alex Hernandez in his article for Prensa.com, &#8220;the project will be financed 40% with funds provided by investors, among them Joseph Homsany and Isaac Benhamu, both of which are real estate developers.&#8221;<\/p>\n<p>According to Louis Chevalier, manager of the project named Panatr\u00f3polis, the idea has been in the works since 2006.<\/p>\n<\/div>\n<div><img decoding=\"async\" src=\"http:\/\/www.pa-digital.com.pa\/media\/2010\/12\/12\/2642527-original.jpg\" alt=\"\" \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>I have followed the growth of the Tocumen International Airport and not unlike the Miami International Airport, the<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[21,16,18,22,19,14,11,6,20,31,7,15,68,44,17],"class_list":["post-1734","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-energy","tag-estate-planning","tag-foundations","tag-hydro-electric","tag-investments-in-panama","tag-legal-issues","tag-offshore-real-estate","tag-panama","tag-panama-economics","tag-panama-property-exchange","tag-panama-real-estate","tag-tax-issues","tag-tocumen-international-airport","tag-travel-to-panama","tag-trusts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>$ 400 million Urban Development Project in Panama -<\/title>\n<meta name=\"robots\" content=\"index, follow, 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