Santo Domingo
Santo Domingo and its commercial real estate market are unique in many respects. Did you know…
- Santo Domingo, known officially as Santo Domingo de Guzmán, is the capital and largest city in the Dominican Republic. Its metropolitan population was 2,084,852 in 2003, and estimated at 3,294,385 in 2010.
- Founded by Bartholomew Columbus in 1496, it is the oldest continuously inhabited European settlement in the Americas, and was the first seat of Spanish colonial rule in the New World.
- The city is the center of economic activity in the Dominican Republic. Many national and international firms have their headquarters or regional offices in Santo Domingo. The city attracts many international firms and franchises due to its geographic location, stability, and vibrant economy.
- Santo Domingo contains a wide variety of incomes, ranging from the extremely poor to the highly rich. Areas of high income families are found in the central Polygon of the city.
- For many years the Dominican Republic has enjoyed a state of the art telecommunications system, due to its privatization and integration with the US system.
- The commercial centers in the city are mostly found on Avenida Winston Churchill, where large plazas, such as Acropolis Center are found. This area is home to most of the banks in the city, like Banco Popular Dominicano, Scotiabank, and Citibank to name a few.
For more information, contact:
Patrick Moultrup
Phone: +1 (408) 402-5270
Email: pmoultrup@itraglobal.com
