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Home Real Estate Market Ambitious housing projects in line with Santo Domingo's growth...

Ambitious housing projects in line with the growth of Santo Domingo East

The new project will cover an area of ​​328,031 square meters, comprising 17 separate plots, 17 phases, 243 buildings, and 3,888 units. Construction is scheduled to begin early next year.

SANTO DOMINGO.- Along with the announcement made yesterday by President Luis Abinader to invest around 20 billion in social works in this district , Santo Domingo East is building its own history with successful buildings that sell like hotcakes as soon as they are announced.

The 2010 census established the population at nearly one million. It recently celebrated its 20th anniversary; it was created as a municipality in 2001 during the establishment of the Santo Domingo province, separated from the National District by Law 163-1.

This figure demonstrates the enormous growth experienced by the area, a situation that has led to the emergence of important housing projects to meet the needs of its large population.

Manuel Cabrera Investments has been building exclusively for Santo Domingo East for 22 years, where it has constructed extensive projects totaling nearly 4,000 homes across its various phases. An ambitious plan for almost 4,000 apartments will be added to that number through the Cayenas del Este Residential complex, which will cover 17 phases with nearly 4,000 new homes. The first phase, which has not yet begun, is already sold out.

“This housing proposal adds to our offerings and will cover an area of ​​328,031 square meters, made up of 17 independent plots, each representing a stage,” explains Francisco Figuereo Díaz, Administrative Manager of the construction company.

Cayenas del Este Phase One will have 15 buildings with 240 units, already sold; Phases Two through Six will have 1,040 units in 65 buildings; Phases Seven through Nine will have 33 buildings with 528 apartments; Phases Ten through Eight will have 34 buildings with 544 units. Phase Twelve will have ten buildings and 160 units; Phase Thirteen will have 18 buildings and 288 apartments. The final four phases will consist of 1,088 units in 68 buildings, for a total of 3,888 homes.

The units in Cayenas del Este will have an area of ​​77 and 83 square meters. (External source).

As is typical for projects of this type, and as has become more pronounced since the emergence of COVID-19, Dominicans living abroad represent the community that most frequently purchases these apartments. “They buy them both as investments and for family members,” says the company executive.

The residential complex will be located on Avenida Hípica, at the corner of Carretera Ramfis. The apartments will range in size from 77.77 to 83.37 square meters and will feature three bedrooms, a living room, a dining room, a kitchen with a breakfast bar, two bathrooms, a laundry area, a balcony, one parking space, and additional spaces available for purchase. The complex will also include a gym, a gazebo, a children's play area, green spaces, security booths, and controlled access.

Other projects

Inversiones Manuel Cabrera is currently building the final stage of the Las Cayenas Residential complex, consisting of 1584 apartments, scheduled for completion in December of next year, with apartments ranging from 101.65 to 156.31 square meters.

Their portfolio of delivered works includes the residential developments Vereda Tropical, Las Asturias, Pradera Tropical, Palmera Oriental I, II, III, IV, V, VI; in addition to the Eric Shopping Center with 54 commercial premises.

The total number of apartments in the 17 phases is 3,888. (External source).

“Las Cayenas is completely sold out. Our projects sell because people trust the quality of our finishes. The types of materials we use to develop the properties are all imported to guarantee quality. The owner of this company doesn't build a house he wouldn't live in himself; that's our unique hallmark,” Díaz points out.

Promises to improve the demarcation

President Luis Abinader visited Santo Domingo East yesterday, where he discussed the government's plans for the area. He outlined four road improvement projects for the Hípica, San Isidro, Ecológica, and Boca Chica avenues.

The president announced that a paving program covering approximately one million square meters of streets in Santo Domingo East is underway. Work has already begun on Guerra Street and will continue until the end of the year. The program also includes sidewalk and curb improvements.

Furthermore, they agreed with the mayor's office of this municipality on the constant collection of garbage with projects for now and the coming months, in addition to other minor programs requested by the neighborhood associations.

He mentioned that the installation of an extension of the Autonomous University of Santo Domingo (UASD) in this municipality and an urban transport train from the district to this area, as well as the reconstruction of schools, are on the agenda and under discussion.

Not taking into account the cost of the urban train (which will be put out to tender), these investments will be around RD$20 billion.

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