Palacio de la Bahia
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Palacio de la Bahia or Palacio de la Bahía (with an accent over the i) or Bay Palace in English, was a 353 metre tall supertall skyscraper with 97 floors planned for construction at Av. Balboa, Av. México, 29 Este y 30 Este, The Exposition in Panama City, Panama.
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[edit] Construction
Construction began on July 28, 2006 and it was expected to be completed in 2009. It would be the tallest building of Panama and Latin America. Palacio de la Bahía was designed by architect Jesús Díaz. The construction cost of Palacio de la Bahia was expected to be 200 Million USD.
[edit] Features
Palacio de la Bahía would have a mixed style expression of modern design with classical elements such as Jonical and Corinthian capitals, Venetian mosaics, Spanish fountains and great areas covered with mirrors.
It was planned to have a 36 m high atrium with cascades and hanging gardens inspired by the Hanging Gardens of Babylon.
[edit] Controversy and construction cancellation
The main developer declared in a press statement that the building was impossible, impractical to build. The original architect has come forward saying that this building was totally possible and said that the problem was financial. This is the second supertall skyscraper project to be cancelled in Panama City, the first was the Torre Generali cancelled five years before in 2001.