Housing Dept. breaks ground on $25.6M elderly housing complex in Humacao
March 19, 2021
The Puerto Rico Housing Department announced the start of the construction of Hogar Manuel Mediavilla Negrón III, a $25.6 million project of new and accessible housing for the elderly in the northeastern town of Humacao. The project’s financing includes $8.6 million in federal funds from the CDBG-DR Gap Program for Low Income Housing Tax Credits, […]
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RVI sells Plaza Palma Real in Humacao for $50M
December 24, 2020
Retail Value Inc. closed on the sale of the Plaza Palma Real shopping center in Humacao on Dec. 22, for $50 million prior to closing costs, prorations and other closing adjustments, it announced. The buyer was undisclosed. The net proceeds were used to repay mortgage debt associated with RVI. Last year, the mall marked its […]
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Puerto Rico Ports Authority reopens Humacao airport
September 15, 2020
Following an investment of close to $300,000, the Puerto Rico Ports Authority will reopen the Dr. Hermenegildo Ortiz-Quiñones general aviation regional airport in Humacao today, a facility reserved for individual pilots and ultralight aircraft operators. In an exclusive interview with this media outlet, Ports Authority Executive Director Joel Pizá-Batiz confirmed that the reopening comes after […]
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Plaza Palma Real mall in Humacao reopens after $20M renovation
November 6, 2019
Plaza Palma Real in Humacao is marking its 25th anniversary with the unveiling of a $20 million renovation to its facilities, which were significantly damaged by Hurricanes Irma and María in September 2017, owners Retail Value Inc. confirmed. The mall expects to have some 50 tenants in operation before the end of 2020, mall executives […]
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Aluminios de P.R. resumes operations in Humacao after $4M investment
May 1, 2019
Aluminios de Puerto Rico announced the re-start of its manufacturing plant operations at the Industrial Park in Humacao. The company invested $4 million, which will generate 115 jobs in five years. “We celebrate the reopening of Aluminios of Puerto Rico’s aluminum plant in Humacao, which will result in economic benefits for many families and for […]
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Nelipak Puerto Rico expands operations in Humacao
November 20, 2018
The expansion at the Humacao Industrial Park, covers an area of 67,250 square feet.
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Skift, Foundation for P.R. partner for recovery efforts at Punta Santiago
June 25, 2018
As part of the “Bottom Up Destination Recovery Initiative,” 40 Skift employees, including its CEO Rafat Ali, joined forces with Foundation for Puerto Rico in a reforestation effort at Punta Santiago in Humacao.
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Future Farm, TCG Investments break ground on 2 cannabis clinics in P.R.
April 26, 2018
Future Farm Technologies Inc. announced that FFPR LLC, its Puerto Rico joint venture with TCG Investments, LLC, owners of the Clinica Verde brand of medical cannabis clinics, is set to begin construction on the first two of five dispensaries that FFPR plans to open on the island.
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Walmart re-opens Humacao Supercenter after $10M reconstruction
April 12, 2018
Walmart Puerto Rico announced the reopening Wednesday of the Humacao Supercenter where it invested $10 million in the reconstruction after the facilities were totally destroyed by Hurricane María last year.
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Walmart to invest $10M to reopen Humacao Supercenter on April 11
February 6, 2018
Walmart Puerto Rico is investing $10 million in the reconstruction of the Humacao Supercenter located in Plaza Real, whose facilities were severely damaged by Hurricane María last September, Iván Báez, director of Public and Government Affairs confirmed.
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Stateside entities, UPR partner to deliver solar water systems to Humacao
January 5, 2018
WorldWater & Solar Technologies Inc., a continuing solar technology company, has joined forces with Los Padres Foundation and the University of Puerto Rico to provide continuous, clean water and power to some of those affected by the hurricanes last September.
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Supermercados Econo opens new $4M store in Humacao
December 7, 2017
Supermercados Econo unveiled a new $4 million store at the Humacao Shopping Plaza, which offers 54,000 square-feet of “one-stop-shopping” for eastern area consumers.
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DDR assessing damage to 12 malls, re-opening uncertain
September 28, 2017
DDR Corp., which manages 12 malls throughout Puerto Rico, said today its Plaza Palma Real shopping center in Humacao sustained the most damage, while the remaining properties were less affected by Hurricane María.
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Red Cat Propware opens HQs in Humacao, is hiring
November 3, 2016
Red Cat Propware, a provider of software and services for the drone industry, today announced its official launch and headquarters opening in Humacao, company CEO Jeff Thompson confirmed Wednesday.
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Executives named at QBE, interCaribbean Airways, more
February 2, 2016
In recent weeks, local companies have made executive appointments across a number of sectors, namely insurance, tourism and the arts.
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