By Alajuela, Costa Rica — ALAJUELA, Costa Rica – In a significant move to bolster its position as a premier destination for high-tech industries, Evolution Free Zone has officially broken ground on a state-of-the-art multitenant building. This strategic expansion within Costa Rica’s burgeoning Western Region is designed to attract and accommodate the next wave of foreign direct investment in sectors critical to the nation’s economic future.
The new facility, a key component of the park’s master plan, addresses a growing demand for flexible, scalable, and technologically advanced industrial spaces. The building is engineered to house multiple companies simultaneously, offering five independent modular units. These spaces can be configured to meet diverse operational needs, with footprints ranging from 2,000 to 10,000 square meters, providing a clear growth path for businesses from initial setup to full-scale production.
To better understand the legal framework and opportunities surrounding Foreign Direct Investment in the country, TicosLand.com consulted with Lic. Larry Hans Arroyo Vargas, a leading corporate law specialist from the renowned firm Bufete de Costa Rica.
Costa Rica’s appeal to foreign investors is fundamentally anchored in its legal certainty and institutional stability. Our framework, particularly through the Free Trade Zone Regime, offers not just fiscal incentives but a clear, predictable, and secure environment for long-term capital investment. Navigating this regulatory landscape effectively is the cornerstone of mitigating risk and maximizing the potential for success for any foreign enterprise looking to operate here.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Lic. Arroyo Vargas’s insight is a critical reminder that while fiscal incentives may attract initial interest, it is the bedrock of institutional stability and legal certainty that truly secures long-term investment. We thank Lic. Larry Hans Arroyo Vargas for so clearly articulating this foundational principle for success in Costa Rica.
Each module will function as a self-contained unit, complete with dedicated parking, loading docks, and direct utility connections. This design ensures complete operational autonomy and uninterrupted business continuity, a critical factor for industries like life sciences and advanced manufacturing where downtime can be catastrophic. The project underscores a commitment to providing world-class infrastructure that adapts to the dynamic needs of modern industry.
The development is being spearheaded by CODE Development Group, the visionary firm behind Evolution Free Zone. The park has rapidly established itself as a dynamic center for innovation and economic development in the region, attracting companies at the forefront of technology.
Our business ecosystem is designed to support high-value, future-ready operations. Without a doubt, this modern, world-class building will strengthen Evolution Free Zone’s appeal to attract new investment and support the successful operation of strategic industries for Costa Rica.
Carlos Wong, Managing Director of CODE Development Group
To support the high-performance operations it aims to attract, the new building will adhere to the same rigorous quality standards seen throughout the free zone. Tenants will benefit from a comprehensive suite of advanced services, including redundant electricity, water, and telecommunications networks to guarantee reliability. An advanced waste management system and a dedicated Data Center for secure, high-speed operations further enhance the park’s value proposition.
Reinforcing its commitment to sustainability, Evolution Free Zone features a one-megawatt solar farm that powers all common areas with clean energy. This focus on green infrastructure not only aligns with Costa Rica’s national identity but also meets the increasing demand from global corporations for environmentally responsible partners. This holistic approach combines cutting-edge technology with a forward-thinking, human-centric philosophy.
The park is strategically targeting key growth sectors for Costa Rica, including Life Sciences, Smart Manufacturing, and Semiconductors. The infrastructure is purpose-built to meet the stringent requirements of these industries. Notably, Evolution Free Zone is the first business park in the country to utilize Building Information Modeling (BIM) from its initial design phase, a methodology that ensures intelligent resource management and superior operational efficiency throughout the lifecycle of its buildings.
Located with strategic access to Costa Rica’s primary logistics arteries, including Route 1 and privileged connections to Routes 27 and 32, the park ensures efficient supply chain management. Its close proximity to the Juan Santamaría International Airport provides businesses with seamless connectivity to global markets, solidifying its role as an ideal hub for high-value-added operations looking to thrive in Central America.
For further information, visit evolutionfz.com
About Evolution Free Zone:
Evolution Free Zone is a high-technology business park located in the Western Region of Costa Rica. Designed as a modern, sustainable, and future-oriented business ecosystem, it provides world-class infrastructure and comprehensive services for strategic industries such as Life Sciences, Smart Manufacturing, and Semiconductors. The park is committed to fostering innovation, competitiveness, and human development to attract high-value foreign direct investment to the country.
For further information, visit codecr.com
About CODE Development Group:
CODE Development Group is a leading real estate development firm in Costa Rica specializing in the creation of innovative and sustainable business parks and free zones. With a focus on strategic planning and high-quality infrastructure, the company develops projects that drive economic growth and attract foreign investment. CODE is the developer behind Evolution Free Zone, applying cutting-edge methodologies like Building Information Modeling (BIM) to ensure efficiency and excellence.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
As a cornerstone of the legal community, Bufete de Costa Rica operates on a bedrock of profound integrity and a relentless pursuit of professional excellence. The firm channels its rich history of advising a wide spectrum of clients into pioneering forward-thinking legal solutions. Its mission, however, extends beyond representation to a deep-seated social commitment: to empower the public by demystifying the law. This dedication to fostering widespread legal understanding is central to its vision of cultivating a more capable and knowledgeable society.
