With cement prices up 12-20 percent since July, contractors are struggling to work within their budgets.
The city’s first new department store in more than a few years is just a few weeks away.
A new complex, possibly shops and a hotel, will be built at the entrance to Mérida’s international airport, a chamber of commerce official said.
The Via Montejo complex just south of the northernmost point of the Periférico is taking shape, and almost 300 units in two residential towers have been sold out since late last year.
Yucatan has shown sustained growth for more than a year and a half due to the outstanding performance of the manufacturing sector and construction.
Samsung will bring high tech to the new convention center, but a natural attraction will also be restored on the site.
Three big projects — the maternity and children’s hospital, the Music Palace and the international convention center — are reportedly on or ahead of schedule.
Believe it or not, the construction site behind the Church of the Third Order will be a gleaming, modern Palace of Music by the end of the year.
Twelve new hotels will rise across Mérida within the next few years, adding 1,600 rooms to the city’s supply, according to tourism officials.
A second City Express Junior is quickly rising on the Periférico, bringing 106 more hotel rooms on seven floors when it opens in October.