Development Objectives
Panama City — 86°
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Development Objectives
The cornerstone of Panama Pacifico’s carefully phased development is its world-class master plan, laid out in four ambitious phases over the coming years. During its first eight years (2008-2016), Panama Pacifico is slated for $405 million in total real estate development. Actual investment as of December 2011 totaled $188 million. When complete, Panama Pacifico will offer:
- 10.5 million square feet of new commercial space over the life of the project
- $4 billion in total investment
- 20,000 new residences
- 40,000 new permanent jobs
- 1,500 construction jobs
- Millions of dollars in goods moved through the community on an annual basis