This news certainly comes as a complete surprise. The project was supposed to be ready for occupancy this year, but it has yet to come out of the ground. Everyone has pretty much given it up for dead. Now, low and behold the local papers say it will rise up from the ashes and be even taller, 361 meters and 83 floors.
Panama never fails to surprise. When you think that it can't build another high rise in these tough economic times, someone comes up with the money and makes it happen. Apparently they will convert more of the residential to commercial and the project will include a 400 room hotel operated by Jumeirah Dubaití chain. So there apparently is still a great deal of money out there looking for a home and this mega project by Grupo Mall is the happy recipient. We wish them good fortune.
To give some scale the building to the bottom left is Multi Plaza mega mall and the buildings at lower right are the Punta Pacifica, Johns Hopkins affiliated hospital.
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