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Article: TRENDS IN THE REGION: Puerto Rico Plans Major Facelift; Moves Ahead With 'Golden Triangle'.(Northeast)
- Article from:
- The Bond Buyer
- Article date:
- September 14, 2009
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Michelle Kaske
Puerto Rico is moving ahead with a long-time initiative to revamp 100 acres of waterfront property between historic Old San Juan and the center of the city.
The development site is located just east of Old San Juan on 21 city blocks along the San Juan Bay in Puerta De Tierra. For more than 15 years the government has sought to improve and rehabilitate the waterfront area, which now contains commercial and residential property, light industrial maritime facilities, and several unused piers.
It is one piece of Gov. Luis FortuA[+ or -]o's Golden Triangle project, a large-scale, mixed-use urban redevelopment plan that includes ...