Edificio Avante

In this article, we will explore Edificio Avante from different perspectives, delving into its importance, impact and relevance in today's society. Edificio Avante is a topic that has captured the attention of experts and fans alike, and through this detailed analysis, we seek to shed light on its many facets. From its history to its future, through its implications in culture, politics and the economy, we will enter a universe of possibilities and challenges. Get ready to discover everything you need to know about Edificio Avante and its influence on the modern world.
Edificio Avante

Edificio Avante is a 64 m (210 ft) skyscraper located in the Santa Elena area of San Salvador, El Salvador. Construction started in early 2009 and was due to finish in mid-2010.

The US$30 million building has a total area of 44,000 m2 (470,000 sq ft) and space for shops on the ground floor, offices on the nine floors above and six levels of underground parking – the deepest parking in El Salvador.[1][2][3]

The building was financed by a Guatemalan investor, using a financing scheme called "tenant in hand", because they sell the space to investors, then Quality Real Estate is responsible for seeking a tenant for that space, so the constructors of Avante made sure all of their investors a safe return. Salvadorans who have been investors in Guatemala already know the model of Avante.[1]

This building helps the economic growth of the country; due to the low quantity of office buildings in the country the building helps the economic boom of the city.[3]

In the building you will find the Newtown Cafe, a cafeteria that offers urban fusion cuisine.[citation needed]

References

  1. ^ a b "Edificio Avante: Beneficios" (in Spanish). Retrieved May 10, 2010.
  2. ^ Mariana Belloso (February 28, 2010). "Casi listo edificio AVANTE" (in Spanish). La Prensa Gráfica. Retrieved May 10, 2010.
  3. ^ a b Guadalupe Hernández (June 13, 2009). "Venden un 65% de edificio de Avante" (in Spanish). El Salvador.com. Retrieved May 10, 2010.

13°39′42″N 89°15′05″W / 13.6616°N 89.25151°W / 13.6616; -89.25151

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