TODAY NICARAGUA – The total constructed area grew from 9,380 hectares in 2005 to 12,500 hectares in 2015, and expansion in these years has been mainly towards the southern basin.
Elnuevodiario.com.ni reports that “…According to a preliminary study for the proposed Master Plan for Urban Development of Managua, prepared by consultants from the Japanese International Cooperation Agency (JICA), with data provided by the Mayor of Managua, between 2005 and 2015 the capital is advancing at an average rate of 312 hectares per year.”
The aim of the Master Plan for Urban Development prepared by JICA is to identify the characteristics of the existing infrastructure and define areas according to those caraccterísticas in order to achieve a more orderly and better planned growth.
See also: “High Rise Offices in Nicaragua”
“… Minimum Standards for housing development were formulated in 1982 and the last update was in 2005, therefore the JICA is proposing an urgent update as part of the Master Plan for the Urban Development of Managua.”