Investors needeed: hight value development Project in Bogota downtown

by BCR
(Bogota, COLOMBIA)

Urban renovation in Bogota's downtown is a fact. There is an interest oportunity for being part of it. New commercial center in “the heart” of downtown Bogota’ with three modern design 12 and 15 story towers. In the best location of Latin America, the traditional financial center of Bogota.
Titles “free and clear”, Construction plans completed, Construction permits registered and approved.
Modern design in glass, and 800 car intelligent parking system unique in Latin America. Partnership agreement with ownership rights ,Assignment of rents and royalties, On title when project is finished, assignee in insurance policies.

Demographics

• Government Offices: Federal and state


• Hospitals: private , HMO’s, public


• Shopping Centers: Hundreds of shops


• Transportation: Metro, Transmilenio, public


• Hotels: Radisson, Hilton, Continental , Bacata


• Population: 10 million ( 2006 census)


• Universities: National, Javeriana, Military


• Religious Centers: Catholic Cathedrals


• Civic Centers: Planetarium, museums etc.

• Titles “free and clear”


• Construction plans completed


• Construction permits registered and approved Modern design in glass


• 800 car intelligent parking system

• Excavation of basements for parking


• Installation of intelligent parking systems


• Construction of two towers


• Leasing of commercial spaces and professional offices

• Our project:us$200 million


• Cultural center: us$250million


• BD Bacata Hotel 54 story hotel and commercial center: us$250 million


• Complete renovation of Continental Hotel: us$10million


• Planetarium and other structures: us$100million

• Total of funds required: us$60 million dollars


• us$20 million designated to purchase construction materials


• us$22 million designated for construction


• us$12 million designated for intelligent parking system


• us$6 million designated for reserves

• Partnership agreement with ownership rights


• Assignment of rents and royalties


• On title when project is finished


• Assignee in insurance policies

• Monthly , quarterly or annual interest


• Principal and interest


• Assignment of leases option


• Parking system revenues

• Electronic wire transfer


• Cashier’s check drawn from Colombian Bank


• “Take out” loan guaranteed transfers