1999News

Mega projects in Santo Domingo

El Siglo carries today a report on several megaprojects under construction in the capital city of Santo Domingo. On the list: Malecón Center. Commercial and residential project on the Malecón. Three 30-floor towers. Sea fronting apartments are to go for more than US$300,000 each. Plaza Acrópolis-Citibank Tower. Av. Winston Churchill. Future headquarters of Citibank, office and commercial space for sale. More than US$37 million investment. Ciudad Modelo Mirador Norte. Three million square meter residential development. 12,000 dwellings for middle class Dominicans. Self-sufficient power, garbage and potable water services. El Prado Grand Hotel is slated for completion in August 2000. It will have 254 rooms and the city’s largest meeting rooms, with capacity for more than 2,000 persons. It is going up on the Malecón. Plaza Duarte. US$30 million project located at Km. 10-1/2 of Duarte Highway. Martinique island investors. Megacentro. US$68 million investment in the city’s largest shopping mall to be located on the east side of the city. Multicentro. Shopping mall that recently opened calling for a US$19 million on Winston Churchill.