Avenida Balboa

Avenida Balboa
<span class="nickname" ">Avenida Balboa
Length 3.5 km (2.2 mi)
Location Bellavista, Panama City, Panama
Southwest end Corredor Sur
Northeast end Santa Ana
Other
Known for Cluster of skyscrapers

Avenida Balboa, named after Vasco Nuñez de Balboa, is the biggest upscale area of real estate development in Panama City, Panama and the most modern road in the country. It also is the most costly kilometer of a road in the world. It is approximately 3.5 km long and is located along the Pacific Ocean, making it one of the biggest attractions for real estate development in the city.

Along the avenue lies one of the main financial centers of the city. The road intersects with the Corredor Sur across the bridge of the Slaves and Israel road via the bridge Paitilla. Its average traffic is approximately 75,000 vehicles per day.[1]

The average cost of the road is $2000 per square meter, making it the most expensive road in Panama. Avenida Balboa was completely remodelled and expanded in 2009. The aims of the expansion were to make the road a major tourist attraction and an important meeting point for the city.

Tallest buildings

Gallery

Avenida Balboa in 2008
 
Avenida Balboa from Cinta Costera
 
Avenida Balboa skyscrapers undergoing construction
 
Avenida Balboa at night
 

See also

References

  1. ↑ "La estatua de Balboa es la "joya de la corona" de un nuevo parque urbano en Panamá" (in Spanish). 27 September 2008. Retrieved 4 February 2015.
This article is issued from Wikipedia - version of the 9/16/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.