Colombia Commercial Real Estate LTD

PROJECT: EL RINCON DE LA CIEN




Lot Sq. Meters # 7838.50
Five residential buildings
28 Parking spaces
Built in 1978
Concrete, brick and block
Privately owned units 

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Location

• Best location in Bogota
• Three separate entrances
• Two transmilenio (metro) stations
• Near airport: hospitals : shopping
• Thousands of cars pass daily
• Only location with four “dual lane” avenues

Current use

• Five  Residential buildings
• Approved use: Residential
• Other uses: Education  and  hotel suites
• Commercial use upon application

Development Strategy

• Purchase entire project
• Demolition  and apply for permits
• Build large mixed –use  project
• Build commercial project
• Apply for variance on zoning

Demographics

• Location: Pasadena/ Alhambra district
• 65% residential and 35% commercial
• Population of  district # 120,000
• Transportation: Transmilenio (metro) public , private
• Services: Hospitals, Universities , schools
• Shopping centers , professional services.

Projects in construction

• Cafam commercial shopping center
• New commercial buildings
• New clinics and hospitals
• New residential building projects