San Salvador, January 11, 2025 – Alpha Inmobiliaria, a leading Salvadoran real estate developer, is set to invest approximately $200 million across eight new projects this year. With six projects already under construction, the company will launch two additional developments, including an ambitious three-tower complex in the Escalón neighborhood of San Salvador.

Gustavo Siman, President of Alpha Inmobiliaria, announced that one of the towers in the new complex will rise to 35 levels, a notable achievement made possible through collaboration with the San Salvador Metropolitan Area Planning Office (OPAMSS). “The support from OPAMSS, led by Luis Rodríguez, has been crucial in advancing this and other projects,” said Siman. “Their commitment to streamlining processes helps accelerate development and construction timelines, enabling us to bring more projects to market.”

Siman also highlighted the role of the current administration, led by President Nayib Bukele, in supporting the construction sector. “The government’s interest in promoting private investment creates a positive ripple effect across various economic sectors,” he remarked.

Luis Rodríguez, Executive Director of OPAMSS, emphasized the importance of fostering trust between the public and private sectors. “Creating a reliable ecosystem for investment allows for open communication and better planning of projects,” said Rodríguez. “This specific development is part of a broader portfolio that will contribute significantly to the country’s economy.”

One of Alpha Inmobiliaria’s key ongoing projects is the 8VII Homes-Heritage apartment tower, located in the exclusive Escalón neighborhood. Currently 9% complete, this $25 million project will offer 104 luxury apartments over 18 levels, with various amenities such as a running track, swimming pool, gym, and a rooftop barbecue. It is expected to generate around 300 direct jobs and is set for completion in the fourth quarter of 2025.

With these ambitious projects, Alpha Inmobiliaria continues to drive economic growth and urban development in El Salvador.