Sunday, November 1, 2015
The construction of a new hotel to be built in the Condado area of Puerto Rico was announced by The Puerto Rico Tourism Company. The hotel will be the first in four decades to be built from scratch in the Condado area of San Juan, Puerto Rico. Demolition of two condominium buildings purchased by the Tourism Company will make room for the new hotel. At a cost of 30 million, the boutique hotel is intended to provide detailed attention to guests, sophisticated rooms and a contemporary style.
The hotel development will create about 375 direct and indirect jobs during its construction phase and 150 direct and indirect jobs during the operational phase.
Construction of the new hotel will begin in 2016 and hotel operations will begin in 2017.