The Dominican Metallurgical (METALDOM) will move from their present location in southwest Santo Domingo to make room for a major residential development project that will add around 2,000 apartment units for middle and upper middle class families.
The 194,000 square meters area is located facing the Caribbean Sea between Autopista 30 de Mayo, Av. Núñez de Cáceres and Av. Independencia.
Metaldom merged with the Gerdau Company, the largest metal works firm in Central America and the Caribbean. While production was discontinued at the Malecón site, Gerdau-Metaldom operates industrial parks in Km 22 of Duarte Highway and another in La Isabela.
As reported in the Listín Diario and Diario Libre, the residential project is awaiting approval from the National District City Hall. The project has been entrusted to Architect Cristóbal Valdez.
Gerdau-Metaldom executive president, Carlos Valiente, said once approval is received the construction should start in six months. He said the project contemplates many green recreational areas.
According to Diario Libre newspaper, the new urban project is just waiting for approval from the National District City Hall. In addition to Gerdau-Metaldom, other participants in the project are Inicia and Terra, among others.
Read more in Spanish:
Al Momento
Listin Diario
25 July 2017
