Panama Pacifico's International Business Park - Phase I Complete

January 20, 2010

PR Log (Press Release) – Jan 22, 2010 – Leading Design firm Ware Malcomb (www.waremalcomb.com) is proud to announce that design and construction have been completed for the International Business Park at Panama Pacifico (www.panama-pacifico.com), an industrial park and Class A office, being developed by London & Regional Panama. The project is located with close proximity to the Pan-American Highway and the Panama Canal.

Phase I in the International Business Park including 2 flex-industrial buildings totaling 21,150 square meters with clearing heights that allows for high storage racking and mezzanine. The buildings were designed to international level standards that reflect a flexible, modern, and innovative design with a distinct color palette that characterizes the local Panamanian environment. The buildings can accommodate a variety of tenants and types of spaces including headquarters, offices, distribution and light assembly.

Ware Malcomb’s Latin America Studio, based in Panama provided master planning, architectural, site development and core interior design services for the 26-hectare logistics, multi-modal, business and distribution ark that will boast more than 100,000 square meters of office space and 22,000 square meters of industrial space. The master plan was designed to interlace the existing natural habitat within the campus setting. The project includes a variety of green corridors, plazas, and a “river like” water feature that help maintain the tropical atmosphere.

The International Business Park is strategically located with easy access to the Pan-American Highway, Panama Canal, Balboa Port, and a 15-minute drive to downtown Panama City. The general contractors are headquartered in Panama City and included MECCO as site work general contractor, Group Montenegro as the flex buildings general contractor. Construction for this project began in early March 2009 and was completed in early December of 2009.

Panama Pacifico’s International Business Park (IBP) and PanAmerican Corporate Center (PCC) are part of a new mixed use community, surrounded by forest and incorporating extensive green spaces. It includes a variety of office, industrial, and warehouse parks master planned by Ware Malcomb, along with employee residential units for all levels, restaurants, retail, recreation and other amenities. For more information about commercial leasing opportunities, please contact us at mercadeo@cbre.com.pa.

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