Costa Rica Business News
  • September 16, 2024
  • Last Update September 15, 2024 6:37 am

Everty Invests Over $20 Million in New Office Tower in Costa Rica

Everty Invests Over $20 Million in New Office Tower in Costa Rica

San José, Costa Rica — Everty, a global real estate investment firm, has announced a significant investment of over $20 million in the construction of a new office tower in San José, Costa Rica. The Everty Tower, situated in the vibrant Barrio Dent, is set to become a landmark development, featuring 13 floors and encompassing 18,800 square meters of office space.

This project, which is the largest ever undertaken by Everty, underscores Costa Rica’s growing importance in the global business landscape.

The Everty Tower aims to provide state-of-the-art office spaces to meet the demands of modern businesses. With 6,500 square meters available for lease, it will cater to both Everty’s companies and other tenants.

One of the key highlights of the Everty Tower is its commitment to sustainability. The building will achieve LEED GOLD certification, a prestigious recognition for environmentally friendly construction. This certification is part of Everty’s broader strategy to incorporate sustainable practices in its developments worldwide. The tower will include five floors dedicated to parking, providing 177 car and 44 bicycle spaces, ensuring accessibility and convenience for its occupants.

Costa Rica’s strategic location and stable business environment have made it a prime destination for foreign investment.

The country offers a favorable climate for business operations, with its robust legal framework, skilled workforce, and commitment to sustainability. Everty’s decision to invest heavily in Costa Rica reflects the nation’s appeal as a hub for international business activities.

The need to construct Everty Tower arose from our experience renting spaces for ourselves and other group companies. We saw an opportunity to develop our building to accommodate our needs and future tenants

Harold Chamberlain, CEO of Everty

Moreover, the Everty Tower will be part of Costa Rica’s free trade zone regime, offering significant tax incentives to attract global companies. This initiative aligns with Costa Rica’s efforts to strengthen its position as a competitive business destination in Latin America.

The project is expected to be completed by the last quarter of 2025, contributing to the country’s economic growth and providing modern infrastructure for businesses.

In addition to the office tower, Everty plans to build a flex-living building adjacent to the Everty Tower. This development will cater to students and professionals, offering comfortable living spaces in one of the city’s prime locations. This integrated approach highlights Everty’s vision of creating a holistic business and living environment, enhancing the overall appeal of the development.

We are excited about the opportunities this project brings to San José and Costa Rica at large. It is a testament to our commitment to contributing to the communities where we operate

Harold Chamberlain, CEO of Everty

The Everty Tower is poised to become a cornerstone in Costa Rica’s business infrastructure, attracting multinational companies and fostering economic development.

As Costa Rica continues to grow as a global business hub, investments like Everty’s will play a crucial role in shaping the country’s economic future.

For further information, visit everty.com

About Everty:
Everty is a global real estate investment firm that specializes in the development and management of high-quality commercial properties. With a focus on sustainability and innovation, Everty aims to create spaces that enhance the business and living experiences of its clients worldwide.

Costa Rica Business News
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