Punta Pacifica, a residential area located in the district of San Francisco in Panama City, has been characterized by its real estate development for the last 20 years.
In its surroundings you will find shopping malls, hospitals, hotels, schools, pharmacies, restaurants, public transportation, banks, among others.
García De Paredes, urban planner and architect comments that the urban growth of Punta Pacifica has led it to become the most exclusive area of Panama City thanks to the amenities it has, which allows an unparalleled luxury lifestyle.
The buildings in this area are an international reference, especially in Central America and the Caribbean, according to Garcia De Paredes product of two key factors:
The very high density that since the nineties has characterized the development of Paitilla and also extended to Punta Pacifica. “This is a characteristic phenomenon of Panama, a linear city with a very conservative urban culture, where the character and meaning of each area changes very slowly in the psyche of the population”.
As a result, Punta Pacifica now has three types of density, i.e., low density mansions, medium density apartment blocks (with about 4 or 5 stories high), and high-rise buildings.
Second, it has mixed land uses and is surrounded by high-end commercial developments, such as Pacific Center, or fantasy residential developments, such as Ocean Reef.
Looking to the future
“For the population with high national and international purchasing power, Punta Pacifica has a unique offer with the possibility of privileged access to the heart of the city,” he says.
For the urban planner and architect, Punta Pacifica can reach an even greater potential than it already has today by integrating in the short, medium and long run infrastructures such as bicycle lanes, the pedestrian movement in favor of the environment.
And for the movement of workers in the area, he urges the establishment of small plazas in strategic locations. “This is especially important for the area’s employees, as new bicycle lanes and spaces for exercising all week long should be considered. These modifications would also reduce the heat island effects (urban situation of heat accumulation due to the immense mass of concrete and other heat-absorbing materials)”.
Advice for your investment
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