Grupo Roble, a leading conglomerate in El Salvador, has unveiled a substantial investment of $730 million in a series of new projects. These initiatives encompass residential, hospitality, commercial, and office developments, aimed at meeting the rising demand for services both domestically and internationally.
Investment Breakdown:
$280 million: Commercial projects
$450 million: Residential developments
Key Commercial Projects:
Multiplaza Expansion: A significant 10,000 square meter expansion of the Multiplaza shopping center.
Metrocentro Growth: Construction of the 14th phase of Metrocentro San Salvador and completion of the third phase of Metrocentro Lourdes.
JW Marriott Hotel: Development of an iconic JW Marriott hotel, poised to become the premier hospitality offering in the Metropolitan Area of San Salvador. The project will also include a chapel and a theater, enhancing the cultural and recreational amenities of the Multiplaza commercial zone.
Residential Developments:
Multiplaza Master Plan: The construction of three apartment buildings with over 400 units, completing the Multiplaza Master Plan.
Additional Residential Projects: Two apartment buildings in the Escalón neighborhood of the capital and another in the Costa del Sol area of La Paz.
Horizontal Housing: Continued development of the Paseo del Prado residential project in western San Salvador, the Paseo Las Flores project in Lourdes, and another similar project slated for 2027.
Grupo Roble's Commitment:
Alberto Poma, Vice President of Grupo Roble, emphasized the company's commitment to El Salvador, stating, "We are Salvadorans and we continue to invest in our country. We see a great opportunity in housing, targeting different segments of the market, and in the commercial area, we are consolidating our successful projects."
Modern Offices:
After 30 years, Grupo Roble officially presented its modern offices adjacent to Multiplaza. These facilities span 3,053 square meters and are the first of four corporate office spaces planned for the commercial center. The construction of this project generated 200 direct and 600 indirect jobs.
Government Support:
The Metropolitan Area of San Salvador Planning Office (Opamss) has expressed its support for Grupo Roble's dynamic initiatives. Luis Rodríguez, Executive Director of Opamss, highlighted the projects as a tangible demonstration of the growth and modernization driven by the private sector. He affirmed the government's commitment to providing favorable conditions, clear regulations, and efficiency to facilitate private sector endeavors.
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