List of tallest buildings in Panama City

This list of tallest buildings in Panama City ranks skyscrapers in Panama City, by height. The tallest completed building in Panama City is The Ocean Club Tower - P.H. TOC JW Marriott Panama, which stands 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. Several supertall buildings were also planned for construction; all of these have been either cancelled (Palacio de la Bahía, and Torre Generali) or are on hold (Faros de Panamá, Torre Central).

Various reasons, including the annual transit of fourteen thousand ships through the country, the one hundred and fifty international banks that have their headquarters in the city and that house corporate capital, have motivated the so-called real estate boom, an effect that has resulted in the construction of high-rise buildings, of more than fifty floors. As of 2024, Panama City has over 68 skyscrapers over 150 meters (492 feet) tall, the most out of any city in Latin 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.

Regulation by law 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. Currently, the construction of these types of buildings is regulated by Law 49 of 2004, which repealed Law 78 of 1941, which established that the height would be conditioned by the width of the road where the structure was located.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. In 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.

City growth

Beginning with the end of the 20th century, the new Panama 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 the Panama Canal basins. With this outlook, the city had two options, one being grow towards the east, or towards the San 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, 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. 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.

List of tallest buildings

Buildings over 150 m

This lists ranks Panama City skyscrapers that stand at least 150 meters (492 feet) tall, based on standard height measurement. This includes spires and architectural details but does not include antenna masts. Existing structures are included for ranking purposes based on present height. This list includes buildings under construction that have already been topped out.

NameImageHeightm (ft) Floors Year LocationNotes JW Marriott Panama 70 2011 Punta Pacifica Tallest residential building in Panama City and the tallest building in the state of Panama and in Central America. Vitri Tower 74 2012 Costa del Este Ocean Two 73 2010 Costa del Este Star Bay Tower 65 2013 Avenida Balboa The Point 66 2010 Punta Paitilla Ocean Two 72 2010 Arts Tower 60 2013 Avenida Balboa F&F Tower 52 2011 Bella Vista Known as Revolution Tower during construction Pearl Tower 70 2011 Costa del Este Rivage 68 2012 Avenida Balboa YooPanama 57 2012 Avenida Balboa Torre Waters 69 2011 Avenida Balboa Tower Financial Center 57 2011 Bella Vista Torre Megapolis 63 2011 Avenida Balboa Q Tower 65 2011 Punta Pacifica Ten Tower 54 2011 Costa del Este White Tower 62 2011 Calidonia Evolution Tower 56 2017 Bella Vista Aqualina Tower 63 2007 Punta Pacifica Oasis on the Bay 58 2012 Punta Pacifica Ocean One 54 2008 Costa del Este Oceania Business Plaza 1 53 2012 Punta Pacifica HSBC Tower 1 41 2014 Bella Vista Aquamare 56 2007 Punta Pacifica Yacht Club Tower 57 2011 Calidonia Venetian Tower 47 2008 Punta Pacifica Bahia Pacifica 48 2007 Punta Pacifica Also known as Condominio Bahia Pacifica. Destiny Panama Bay 58 2013 Costa del Este Costa del Este, Country Club 1 55 2008 Costa del Este Sky Residences 51 2009 Costa del Este Pacific Village 1 47 2009 Punta Pacifica Tallest twin towers completed in the city. Pacific Village 2 47 2009 Punta Pacifica Tallest twin towers completed in the city. Torre Global Bank 43 2005 Bella Vista Torre Allure 55 2011 Bella Vista Torre Mirage 48 1997 Punta Paitilla Tallest building constructed in the 1990s. Dupont Tower 53 2010 Punta Pacifica Bella Mare 44 2008 Punta Pacifica Miramar Tower II 55 1996 Avenida Balboa Miramar Tower I 55 1996 Avenida Balboa Oceania Business Plaza 2 47 2012 Punta Pacifica Grand Tower 48 2013 Punta Pacifica Mystic Point 100 44 2005 Punta Pacifica Mystic Point 200 44 2005 Punta Pacifica Torre Sevilla 1 49 2009 Costa del Este Torre Sevilla 2 49 2009 Costa del Este Torre Vista Marina 44 2002 Avenida Balboa Astoria Tower 36 2009 Avenida Balboa Platinum Tower 47 1996 Punta Paitilla The Sea Waves 43 2010 Bella Vista Golden Tower 30 2014 Avenida Balboa

Buildings lower than 150 m This list includes buildings with a height of 150 metres or below.

NameImageHeightm (ft) Floors Year LocationNotes Credicorp Bank Tower 42 1997 Bella Vista Ocean Park Towers 44 2006 Punta Pacifica Torre Balboa 33 2002 Avenida Balboa Condominio Punta Roca 46 2004 Punta Pacifica Torre Banco General 32 1998 Bella Vista Torre BBVA Panama 25 1979 Avenida Balboa Plaza Paitilla Inn 20 1975 Punta Paitilla

Under construction or approved

Approved This lists buildings that are approved for construction in Panama City and are planned to rise at least 150 m (492 feet).

Name Heightm / feet Floors Year Notes Torre Bel Air 28 The Ritz Tower 38

Timeline of tallest buildings Name District Years as Tallest Heightft / m Floors Reference Banco Exterior 1979—1989 25 Mediterrané Punta Paitilla 1989—1993 27 Mar de Plata Punta Paitilla 1993—1994 34 Bayside Costa del Este 1994—1995 36 Costa del Mar 1995—1996 38 Miramar Towers Avenida Balboa and Calle Federico Boyd 1996—1997 551 / 168 55 Mirage Punta Paitilla 1997—2005 564 / 172 48 Torre Global Bank Calle 50 and Calle 58 2005—2007 577 / 176 43 Aqualina Tower Punta Pacifica 2007—2010 689 / 210 67 The Point Punta Paitilla 2010—2011 873 / 266 65 The Bahia Grand Panama Punta Pacifica 2011— 961 / 293 68

List of tallest buildings in Panama City

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