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Honduras Próspera Inc (HPI) has raised an additional $60 million dollars, which will be fully invested in Honduras, in turn creating immediate jobs in construction and building the foundations for a long-lasting and sustainable future.
Most of these new investments will create the world class physical infrastructure required for new businesses to flourish in Roatán Próspera. These new spaces combined with the Próspera Platform’s business friendly environment will enable far more foreign direct investment into Honduras. This in turn will create additional jobs in different sectors, fulfilling the aspirations of transforming Roatan from a tourism-based economy to an international zone for innovation, finance, and entrepreneurship.
In total, over 27,000 square meters of new construction will be built, creating over 600 new construction jobs and over 300 new knowledge economy jobs. These new mixed use spaces will use state of the art architecture techniques that blend together the beauty of nature and sea in Roatán, with world-class sophisticated residential, retail and office spaces. Local materials and providers will also be used as much as possible, creating business opportunities for small suppliers in Honduras.
Investors and residents inside Roatán Próspera will also enjoy the world’s best legal, regulatory and fiscal ecosystem to do business; while guaranteeing the highest level of protection of human, labor, investor and property rights and of the environment.
HPI is already building the first vertical development along with Apolo Group, which is scheduled to be inaugurated by the end of this year. More than half of the spaces in that development have already been presold.
For more information, please contact: medios@prospera.hn

Próspera will invest an additional $60 million in Honduras

Roatán

Architecture

Jobs

Economic development

ROATÁN, Honduras.- Apolo Group, a renowned Honduran developer, has started the construction of the first tower of the Duna Residences, an all-inclusive mixed-use real estate development that will benefit from Próspera’s unrivalled business ecosystem. The construction sets the landmark for the initial phase of this complex located in Roatan Próspera. 
Duna Tower 1 will be a 14-story building that will host 85 apartments, 3 levels of collaborative office spaces and parking, in addition to podium retail plaza. 35% of commercial space has already been reserved. The building is planned to be delivered by October 2022 and it is the first tower out of four that was announced earlier this year. 
Erick Pitsikalis, CEO of Apolo Group stated that: “We are excited to start this real-estate project in Próspera. Their competitive framework allowed us to save time, reduce risk and therefore lower costs by around 20%, which will allow us to pass savings on to future Duna residents.”
 Around 300 direct jobs will be generated during the construction phase with materials mostly obtained from local providers. An environmental impact assessment analysis has also been carried out by local Honduran experts to ensure the project’s sustainability. 
“We are very enthusiastic to see this project become a reality. Duna residences will not only provide new affordable housing options for young professionals to live in, but also collaborative spaces for new businesses to start and grow.”, said Angela Sosa, Corporate Affairs Manager for Honduras Próspera Inc.

Construction of Duna Residences begins in Roatan Próspera

ROATÁN, Honduras.- A high-tech wood workshop planned within Roatan Próspera development will use sustainable harvested timber from mainland Honduras and local workforce from the island to supply local construction projects.
Circular Factory will be a manufacturing facility focused on sustainable, low-impact production of high-end timber products for local construction and architectural projects. This new facility is a partnership between Circular Factory company and Honduras Próspera Inc.
“We’re tremendously excited to bring this project to Roatan. It will offer on-site and near-site digital fabrication capabilities for the construction industry”, said Circular Factory CEO, Dr Alicia Nahmad. “Both Circular Factory and Próspera believe in win-win development that is sustainable, provides jobs to the local communities, and creates long-term value. This new facility will use cutting edge digital fabrication technologies that bring local construction into the 21st century”, Dr Nahmad emphasized.
Gabriel Delgado, Chief Development Officer for Honduras Próspera Inc, said that such a specialized “digital carpentry” factory would be able to create international-standard products made in Honduras. “Projects like this contribute to our vision of creating the best place to live and do business in Central America”, he added.
The factory will take six months to build and construction will generate approximately 300 direct and indirect jobs. Production is expected to start in February 2022.

High tech woodwork workshop slated for Roatan Próspera

Próspera

Apolo Group, a prominent Honduran developer, architecture and construction company, and Honduras Próspera Inc., announced today an agreement under which Apolo will design and build the first mixed-use high-rise building in the Roatán Próspera development. The multi-story Apolo project will consist of about 250 units that will help ease the severe shortage of housing for young Honduran professionals and families. 
 The project is expected to create approximately 300 direct jobs and almost 1,000 indirect jobs in process. Apolo Group said it would shortly announce the process for Roatán residents to apply for the construction and other jobs created by the project. 
 Gabriel Delgado, Chief Development Officer for Próspera, said Próspera is excited to team up with Apolo Group in delivering such an important and urgently needed project in the Roatán. “With the demand being generated by foreign companies hiring Hondurans through Próspera Employment Services, the problem of soaring urban living costs and the lack of reasonably priced housing alternatives is becoming more serious. Apolo’s project will meet the life-style expectations of young entrepreneurs, professionals and creative innovators, whose vision of a place to live is shaped by their modern way of life and bold aspirations for the future. It will usher in a new era of millennial living on Roatán,” Mr. Delgado said. 
The first residential tower will include one- and two-bedroom units, with highly functional and flexible interior layouts adaptable for singles, young couples and families. The project will also include retail space and restaurants, as well as indoor and outdoor lounge areas, trails for hiking and jogging, cycling tracks, yoga and meditation pavilions, and other leisure amenities.
 Erik Pitsikalis, CEO of Apolo Group, commented on the key reasons behind the company’s decision to choose Próspera ZEDE as its business partner. “The easy-to-navigate legal and regulatory framework, the streamlined approval processes, and the ease of doing business enabled by the Próspera Platform make investments and development in Próspera extremely attractive and business-friendly,” he said. 
 Mr. Delgado of Próspera said: “We are excited about the prospect of partnering with the Apolo Group, an experienced and well-respected San Pedro Sula-based company, to build this project. As the first high-rise residential tower targeting young professionals, it is a very significant first step in the development of Próspera Village, designed to become a destination of choice for a generation of aspiring young Honduran homeowners.” 
 Residences in the Apolo Group tower will be launched to the public in the next several months. Units will be available either for rent or sale, and those who choose to buy will have potential for significant return on investment through rental income or resale. 
# # #
About Apolo Group: 
In business for more than 15 years, Apolo Group offers its clients the widest portfolio of real estate development services, including planning, architecture, project development and construction. Experienced in commercial, residential and industrial development, Apolo ensures that clients receive personalized, efficient and professional service, and it delivers projects with a long and productive investment horizon. In everything it does, Apolo is committed to safety, health and the environment. 
For more details visit <a href="http://www.apolohn.com/">www.apolohn.com</a>
About Honduras Próspera and the “Próspera Platform”: 
Honduras Próspera LLC is a US-domiciled development group that is the Organizer and Promoter of a socioeconomic development zones in Honduras, called the ‘Próspera ZEDE’. These Zones are powered by a new generation governance platform, ‘The Prospera Platform’ that applies the world’s best legal and regulatory environments for doing business to all of its projects.
The Próspera Platform delivers ‘Good Governance as a Service’ based on a seamless integration of international common law, an open regulatory framework, and professional service providers. Its framework is designed to attract significant private investment in job-creating industries and commercial sectors, while guaranteeing absolute respect for human rights and the environment, as part of its core principles.
The company’s first project ‘powered by’ the Próspera Platform is Roatán Próspera, located on the island of Roatán in Honduras. This initiative represents the first proof of concept of the platform’s application and expects to generate over 10,000 direct and indirect jobs by 2025, while contributing to the reactivation of the country’s economy. The company is committed to hiring 90% of Honduran employees with a minimum wage between 10% and 25% above the national base.

Apolo Group And Próspera Team Up To Address Local Housing Shortage With Trendy Affordable Residences

Zaha Hadid Architects has designed a modular housing project for an island near Honduras with curved roofs and rounded balconies that can be customised by residents. Roatán Próspera is a residential community intended for Roatán, a Caribbean island off the coast of Honduras.
Set to break ground later this year, the complex will be a modular construction composed of timber-framed residences with curved palapa roofs, expansive terraces with rounded balconies and green space, designed as a reference to the area's traditional building techniques.
Zaha Hadid Architects (ZHA) intend to use timber from certified forests on mainland Honduras, as part of its aim to develop a localised supply chain in a bid to make the project more environmentally-friendly. The firm is working with computational engineers AKT II to develop a "kit of parts" outlining elements needed to build Roatán Próspera without material waste.
In the proposal, Roatán Próspera's modules will be fabricated off-site and transported using local networks to cut back on carbon emissions, and also to prevent harm to wildlife on the site. Residents of the complex will have access to a digital parametric software developed by ZHA's Computational and Design Group to customise the size, arrangement and furnishings of their housing module.

Zaha Hadid Architects unveils Roatán Próspera housing complex for Honduras

Zaha Hadid Architects with AKT II and Hilson Moran partnership have developed a digital architectural platform to create homes for Roatán Próspera. The residential designs are a specific ecological and social response to the climate, terrain and culture of Roatán in the Caribbean, the largest of the Bay Islands of Honduras. 
The designs learn from the wisdom of the past, integrating the local vernacular tradition of timber construction, climatic appropriateness and spatial experience with new digital design, engineering and, construction techniques. 
Working with AKT II, the design approach starts from a comprehensive understanding of the local supply chain, logistics and construction techniques to promote the use of local materials, craftsmanship and manufacturing facilities which support the economy of the region. 
The design’s modular system is founded on the use of sustainable timber, sourced nearby from certified forests on the Honduran mainland and treated locally, to form the main structural elements. Digital information technologies will optimise the use of all parts of the sustainablyforested logs to minimize waste and pollution. 
This process also contributes to reducing the embedded construction energy and carbon footprint of the development. Erick A. Brimen, CEO of Honduras Próspera LLC, explains: “The design prioritises sustainability and is integral to our vision for Roatán Próspera. 
The island of Roatán is already a renowned tourist destination. Roatán Próspera will strengthen and diversify the local economy while creating homes defined by their natural environment.” With considerable reductions in waste material, and a higher quality of construction due to the greater precision achieved by off-site fabrication, this modular system of assembly is a costcontrolled solution specifically tailored to local supply chains, transportation and installation. 
The dimensions of the structure’s base timber units have been established to follow the constraints of the local transportation networks to ensure carbon emissions and logistics costs are minimised. The use of lightweight timber results in a reduced and adaptive foundation system that can be fabricated off-site, keeping intervention to the site minimal and giving maximum protection to the site’s native flora and fauna.

Articles about Architecture

Próspera will invest an additional $60 million in Honduras

Construction of Duna Residences begins in Roatan Próspera

High tech woodwork workshop slated for Roatan Próspera

Apolo Group And Próspera Team Up To Address Local Housing Shortage With Trendy Affordable Residences

Zaha Hadid Architects unveils Roatán Próspera housing complex for Honduras

Zaha Hadid with AKT II and Hilson Moran develop a digital architectural platform for a Caribbean residential project

A Platform for Sustainable Growth.
Launching on Roatán

Articles about Architecture

Próspera will invest an additional $60 million in Honduras

Construction of Duna Residences begins in Roatan Próspera

High tech woodwork workshop slated for Roatan Próspera

Apolo Group And Próspera Team Up To Address Local Housing Shortage With Trendy Affordable Residences

Zaha Hadid Architects unveils Roatán Próspera housing complex for Honduras

Zaha Hadid with AKT II and Hilson Moran develop a digital architectural platform for a Caribbean residential project

A Platform for Sustainable Growth. Launching on Roatán

A Platform for Sustainable Growth.
Launching on Roatán