A skyline view of Panama's bustling financial center, which is comprised of many skyscraper buildings and towers.

Tower Financial Center

The savings power of expert engineering

Project Facts

Location Panama City, Panama
Owner Desarrollo Bahia
Size 1,184,030 SF
Status Completed 2011

Overview

Hired to rescue developers from an existing and flawed plan for this development, Walter P Moore stepped in to provide expert assistance. Our redesign not only increased leasable space but saved the developer $1.25 million. Today, Tower Financial Center’s impressive spire is a symbol of Panama’s financial strength and an iconic presence in the heart of Panama’s financial district.

A ground-up view of Tower Financial Center, showcasing its glass panel construction extending to the top floor. The building's narrow apex features an artfully positioned piece of lighter blue glass protruding from the left edge.

The front facade of Financial Center Tower, that displays the main logo for Towerbank.

1 / 1

About the project

Sometimes being observant in the right place at the right time pays dividends. When a senior Walter P Moore engineer was meeting with a Panamanian developer on an unrelated project, he noticed the construction activity across the street of the 56-story tower that had reached its 24th floor. Based on his tall building design experience, our engineer could see fundamental problems with the structural design. After pointing these out, the developer hired us on the spot to improve the design of the tower.

Immediately. We eliminated unnecessary structural elements for the remaining levels of the structure, freeing up leasable space. This more efficient design allowed the developer to achieve his programmatic goals while eliminating three floors from the original design, leading to a savings of over $1.25 million for the developer.