Panama News

By Aet Elisa Tejera C. for La Critica - Engineers building the project "Los Faros de Panamá" being constructed at an estimated total cost of $600 million dollars say they have starting pouring the cement foundations, according to Julio Fábrega, the general sub-manager of Hogalia Panamá, of the Grupo Mall that is building the project. Located in the exclusive Punta Pacifica district in Panama City, the project is estimated to be completed by the first quarter of 2010. The Mexican construction company Ingenieros Civiles Asociados (ICA) is responsible for this stage of the project with includes pouring foundations, lateral and perimeter retaining walls, buried networks, and waterproofing, explained Fábrega. He added that before the end of this year (2008) they predict they will have finished laying the foundations and will begin to build the floors and aboveground structures. Los Faros de Panamá will be a compound with three skyscrapers, and will include a casino, hotel, commercial center, luxury sports areas and corporative offices. Its residential area will consist of 1,786 apartments.
Editor's Comment: Los Faros de Panamá is a massive, huge construction project going in right next to the Multiplaza Mall in Punta Pacifica. If you go through the road with the Punta Pacifica hospital on your right and the Multiplaza Mall to your left, look straight ahead and at the end of that street where it curves to the left is the job site. At more than $600 million dollars construction cost for just this one project, it is easily one of (if not the) largest single construction projects planned for Panama City. I saw the mock-up of this project a couple of years ago, a scale model with the surrounding buildings to scale - and it's going to simply dominate the entire area. Huge, massive, the 800-pound gorilla (can't be missed.) Now, let's see if it actually comes into being. I had seen they have been moving dirt for months, and now they are pouring cement for the foundations. Good. Once the structure comes out of the ground the odds of completion improve dramatically. Big buildings are great, but the next administration should have just one word on their minds - infrastructure. Lots and lots of infrastructure, of all kinds. Roads, services, water, electrical, sewage, telecommunications - imagine 1,786 houses in a two square block area (not counting the hotel, casino, and commercial spaces.) Buildings this big suck up massive amounts of resources - Panama and service providers are going to have to be ready to deliver. Right now, they are not.


Los Faros en etapa de vaciado


Aet Elisa Tejera C. | Crítica en Línea


El proyecto Los Faros de Panamá, que se construye con una inversión de $600 millones, ya está en la etapa de vaciado de concreto, manifestó Julio Fábrega, sub-gerente general de Hogalia Panamá, sociedad de Grupo Mall.


Ubicado en el exclusivo barrio de Punta Pacífica, este proyecto estará listo para el primer trimestre del 2010.


La ejecución de esta etapa de la obra, está a cargo de la constructora mexicana Ingenieros Civiles Asociados (ICA), que será la responsable de la cimentación, muros de retén en el área del podio posterior y redes soterradas e impermeabilizaciones, explicó Fábrega.


Agregó que antes que finalice este año, se tiene previsto finalizar con la etapa de cimentación y dar inicio al levantamiento de las estructuras de los pisos.


Los Faros de Panamá estará compuesto de tres rascacielos, y contará, además, con casino, hotel, centro comercial, áreas deportivas de lujo y oficinas corporativas. Su área residencial constará de 1, 786 viviendas.

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