11 May

Pacific coast heavily developed and needs an int’l airport

The areas just west of Panama City (I call the gold coast) has been under development for many years, but this last two years have seen a significant increase in the number of hotels and residential projects. This article brings to light the need for another airport to serve that area as the number of hotel rooms is increasing. This stretch of Beach front land has the highest concentration of tourism in the country. Not considering traffic it takes at least two hours to get to the furtherest one from the international airport. Most large scale developments in the world need to be within 45 minutes of an airport to make them practical for tourism.

Excerpts fro LA Prensa;

The hotel Breezes Panamá is a $30 million project with 294 rooms. The hotel will be managed by the Jamaincan chain Superclub and is expected to generate, directly or indirectly, more than 600 jobs, according to an Ipat report. The hotel will be located between San Carlos and Río Hato on the Interamerican highway.

The other project, Nikki Beach Playa Blanca is a $33.2 million project with 159 condominium units, whose owners may rent them tourists. The complex also includes permanent homes.

Nikki Beach Playa Blanca will employ 600 people directly and 1,800 indirectly. The complex is currently under construction in Farallón and is expected to be operational in March 2009, according to Nicole Ángel, the project’s marketing director. The Nikki Beach project covers some 18 hectares.

A bit farther down the highway, toward the interior of the country, lies the Buenaventura complex. That development is 80 percent finished and includes both residences and a second Hotel Bristol with 130 rooms. It should be ready by the end of 2008 or early in 2009.

The Royal Decameron and Playa Blanca developments have been operating nearby on the Pacific coast for several years. The prolifieration of hotels and residential communities in the area has prompted Ipat to promote building an airport for flights chartered directly from Europe.

Source: http://primapanama.blogs.com/_panama_residential_devel/]

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