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The executive director of COAMSS/OPAMSS, Luis Rodríguez, reported on the progress of the Origin Tower real estate project, one of the most significant private investments in urban development in the East La Libertad area, with a focus on combining economic dynamism, job creation, and growth in the construction sector.
During a technical visit conducted with the firm SFORMA, authorities toured the construction site to verify the building’s structural progress, which has already reached 54% completion. These types of inspections allow for the evaluation of both compliance with construction standards and the economic impact that these types of projects generate in the region.
Origin Tower represents a US$45 million investment, positioning it as one of the most important vertical developments currently underway in the area. The building will have 27 levels, three of which will be dedicated to parking, and will house a total of 105 residential units, geared towards a growing residential segment.
From an economic perspective, the project stands out for its job creation capacity. According to the data shared, approximately 1,500 direct and indirect jobs have been created, contributing to the revitalization of the local economy, especially in the construction sector, one of the key sectors for the country’s economic growth. Of these jobs, 40 have been filled by women, reflecting a participation that, although still limited, demonstrates progress in labor inclusion within the sector.
In addition to the immediate impact on employment, initiatives like Origin Tower promote productive linkages, benefiting suppliers of materials, logistics services, transportation, and other related sectors. This generates a multiplier effect on the economy, strengthening both small and medium-sized enterprises linked to the industry.
The project’s sustained progress also reflects investor confidence in the economic environment and in the urban development of strategic areas like La Libertad Este, which in recent years has shown accelerated growth in infrastructure, tourism, and housing.
Construction is expected to be completed in the first quarter of 2027, which will add new housing options to the market and further drive the urban transformation of the area.
Authorities emphasized that these types of investments not only modernize the urban landscape but also contribute to sustainable economic development by attracting capital, generating employment, and strengthening productive activity in the country.
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