Thislist of tallest buildings in Panama City ranksskyscrapers inPanama City, by height. The tallest completed building in Panama City is The Ocean Club Tower - P.H. TOCJW Marriott Panama, which stands 284.4 m (933 ft) tall.
For several years,Panama City's skyline remained largely unchanged, with only four buildings exceeding 150 m (492 feet). Beginning in the early 2000s, the city experienced a large construction boom, with new buildings rising up all over the city and two new tallest buildings since 2005. Severalsupertall buildings were also planned for construction; as of September 2007[update] all of these have been either cancelled (Palacio de la Bahía, andTorre Generali)[1] or are on hold (Faros de Panamá, Torre Central).
Various reasons, including the annual transit of fourteen thousand ships through the country, theone hundred and fifty international banks that have their headquarters in the city[2] and that house corporate capital, have motivated the so-calledreal estate boom,[3] an effect that has resulted in the construction of high-rise buildings, of more than fifty floors.[4] As of 2024, Panama City has over 68 skyscrapers over 150 meters (492 feet) tall, the most out of any city inLatin America.
Panama City began with the construction of the Cathedral of Our Lady of the Assumption, standing 27 meters tall and one of the tallest in the city in the 17th century. Beginning with the end of the 20th century, the city has become one of the capitals with the most skyscrapers on the North American continent. In the early 2000s, the city experienced a major construction boom, with new buildings growing up all over the city.[5]
The city's zonification, which was regulated in 2004 by the Ministry of Housing and Land Management of Panama, defines the main districts or sectors of San Francisco, Punta Paitilla, Calle 50,Avenida Balboa,Costa del Este and Punta Pacífica as areas suitable for the construction of tall buildings.[6] Currently, the construction of these types of buildings is regulated by Law 49 of 2004, which repealed Law 78 of 1941, which established that the height would be conditioned by the width of the road where the structure was located. With the new implemented section of law, the building heights is currently defined based on the population density of the land, which in certain areas may be a maximum of 1,500 residents per hectare.[7] In the recent years, a multimillion-dollar regulatory plan was commissioned for the city of Panama. One of its recommendations is to increase the density of the city, that is, the number of population per unit area, forcing more intensive use through increasingly taller buildings.[8]
Beginning with the end of the 20th century, the newPanama City had undergone dramatic changes reflecting a long-term development strategy. Before 1999, it was impossible to develop high-rising buildings in the reverted areas, either to the north or towards thePanama Canal basins. With this outlook, the city had two options, one being grow towards the east, or towards theSan Miguelito district, with the main objective being the creation of better use of the space in the central area of the city.
The city's growth began booming for 7 consecutive years since year 2000 as it has been considered by the advertising group of International Living as one of the five best places in the world for retirement,[9] which has led Panama, thanks to an increase in investment, to a 52 percent growth in the construction area from January to August 2008 compared to the same period in 2007.[10] In 2010, Panama obtained the investment grade that raises Panama's rating from "BBB-" to "BB +", placing the central American country in a club that includes larger economies in the region, which attracts large construction investors.[11]
This lists ranks Panama City skyscrapers that stand at least 150 meters (492 feet) tall, based on standard height measurement. This includesspires and architectural details but does not includeantenna masts. Existing structures are included for ranking purposes based on present height. This list includes buildings under construction that have already been topped out.
This list includes buildings with a height of 150 metres or below.
| Name | Image | Height m (ft) | Floors | Year | Location | Notes |
|---|---|---|---|---|---|---|
| Credicorp Bank Tower |  | 146 m (479 ft) | 42 | 1997 | Bella Vista 8°59′06″N79°30′56″E / 8.98493°N 79.51563°E /8.98493; 79.51563 | |
| Ocean Park Towers |  | 140 m (460 ft) | 44 | 2006 | Punta Pacifica 8°58′37″N79°30′32″E / 8.97695°N 79.50902°E /8.97695; 79.50902 | |
| Torre Balboa |  | 138 m (453 ft) | 33 | 2002 | Avenida Balboa 8°58′35″N79°31′40″E / 8.97625°N 79.52772°E /8.97625; 79.52772 | |
| Condominio Punta Roca |  | 138 m (453 ft) | 46 | 2004 | Punta Pacifica 8°58′17″N79°31′03″E / 8.97148°N 79.51760°E /8.97148; 79.51760 | |
| Torre Banco General |  | 122 m (400 ft) | 32 | 1998 | Bella Vista 8°58′48″N79°31′28″E / 8.980062°N 79.52438°E /8.980062; 79.52438 | |
| Torre BBVA Panama |  | 100 m (330 ft) | 25 | 1979 | Avenida Balboa 8°58′27″N79°31′44″E / 8.97422°N 79.52875°E /8.97422; 79.52875 | |
| Plaza Paitilla Inn |  | 70 m (230 ft) | 20 | 1975 | Punta Paitilla 8°58′25″N79°30′59″E / 8.97370°N 79.51648°E /8.97370; 79.51648 |
This lists buildings that are approved for construction in Panama City and are planned to rise at least 150 m (492 feet).
| Name | Height m /feet | Floors | Year | Notes |
|---|---|---|---|---|
| Torre Bel Air | 28 | [75] | ||
| The Ritz Tower | 38 | [76] |
| Name | District | Years as Tallest | Height ft / m | Floors | Reference |
|---|---|---|---|---|---|
| Banco Exterior | 1979—1989 | 25 | [77][78] | ||
| Mediterrané | Punta Paitilla | 1989—1993 | 27 | [79][80] | |
| Mar de Plata | Punta Paitilla | 1993—1994 | 34 | [81][82] | |
| Bayside | Costa del Este | 1994—1995 | 36 | [83][84] | |
| Costa del Mar | 1995—1996 | 38 | [85][86] | ||
| Miramar Towers | Avenida Balboa and Calle Federico Boyd | 1996—1997 | 551 / 168 | 55 | [66][87] |
| Mirage | Punta Paitilla | 1997—2005 | 564 / 172 | 48 | [60][61] |
| Torre Global Bank | Calle 50 and Calle 58 | 2005—2007 | 577 / 176 | 43 | [56][57] |
| Aqualina Tower | Punta Pacifica | 2007—2010 | 689 / 210 | 67 | [34][35] |
| The Point | Punta Paitilla | 2010—2011 | 873 / 266 | 65 | [17][18] |
| The Bahia Grand Panama | Punta Pacifica | 2011— | 961 / 293 | 68 | [12][13] |
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