SANTO DOMINGO, Dominican Republic – President Luis Abinader has officially inaugurated construction of City Center by Lady Lee, a landmark $700 million mixed-use development poised to redefine the urban and commercial dynamics of Santo Domingo East. This transformative initiative stands as a powerful testament to the nation’s robust economic trajectory and flourishing investment environment, with projections indicating the creation of over 6,000 direct employment opportunities and a substantial multiplier effect generating thousands more indirect jobs.
During the groundbreaking ceremony, President Abinader positioned the megaproject as a direct reflection of the Dominican Republic’s sustained economic momentum. He underscored the profound significance of Lady Lee Corporation’s decision to invest, interpreting it as a robust vote of confidence in the nation’s political and economic stability. Strategically situated along the Autopista de las Américas corridor, merely minutes from Las Américas International Airport, the complex is designed to holistically integrate retail, residential, tourism, and service sectors within a forward-thinking, sustainable ‘city center’ framework. The development will incorporate advanced energy-efficient technologies and environmentally responsible systems.
Rachid Maalouf, President of Lady Lee Corporation, characterized City Center as a world-class endeavor destined to reshape the urban fabric of the eastern capital district. The ambitious blueprint includes over 400 curated commercial spaces, a diverse array of dining and entertainment venues, comprehensive health and financial service facilities, alongside modern hotel accommodations, residential towers, and premium office spaces. Beyond its architectural footprint, the project commits to extensive urban enhancements aimed at significantly upgrading public mobility and regional connectivity infrastructure, setting a new benchmark for large-scale urban development in the Caribbean.