Grupo Estrella begins construction of a high-rise development in Santiago

Photo: El Caribe

President Danilo Medina was in Santiago yesterday for the ground breaking of the construction of the Livera Freemium Spaces high-rise development. The real estate project is located on Avenida Hispanoamericana and calls for a US$36 million investment. The construction is funded by SBC Master Fund, a Cayman Island registered company, and Grupo Estrella, a major Dominican construction firm.

Construction is set to start in February 2019. The builders expect to complete six 10-floor towers in 20 months. The development is on a 15,000 square meter lot. Steve Tiller, co founder and managing partner for the Southern Bridge Capital came for the event.

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El Caribe

20 December 2018