Los Paseos
Despite its good location within the San Juan suburbs, this property in Citibank’s workout portfolio was nevertheless isolated and underdeveloped. Interlink was engaged to asist in the conception of a master plan to make the parcel suitable for development and thus
more marketable. The result was not only a substantial appreciation of the land’s value, but the first master-planned residential community in Puerto Rico.
Location: San Juan, Puerto Rico
Year Completed: 1996
Architects and Engineers: EDSA, Guillermo Font & Associates, Josean Quiñones, Requena & Associates, CMA Architects & Engineers
Development Cost: $150MM
Construction Cost: $90MM
Size: 344 acres
Scope of Work: CM Advisory / Construction Manager