TRADE CITY WILLEMSTAD IS OPEN FOR BUSINESS

The residential function of Punda decreased strongly during the second half of the 20th century, but is seeing a careful resurrection. Many of the empty top floors above the shops are one by one being converted into luxury apartments for habitation and tourism, especially in the quieter alleys. Further tourism development is planned next to the Waterfort, starting with a city beach.

There are a multitude of tourism development opportunities in Otrobanda, from small bed & breakfasts to take-over or new build medium sized hotels. Due to some large employers opening up in the area, like the new hospital and the large Corendon resort, demand for residential units is expected to keep increasing. Around the new hospital a variety of care functions will be concentrated, which offers possibilities for the development of multi-generational and care focused residential projects.

Pietermaai has come a long way in recent decades by transitioning from a derelict area to a desirable neighborhood for business, tourism and residential living alike. By developing several stylish residential projects in the area of Pietermaai Smal the objective is to create a better connection between Punda and the entertainment center of Pietermaai. For the entire coastline projects have been planned, including a large hotel at the beginning of the Penstraat.

The area just next to the St. Ana Bay – Skaló Abou – is very much in motion. This is a colorful collection with a lot of street art, co-working sports, small retail and lunch rooms. Designers and artists are finding their way to this area to live and to work in. In the coming year this area will get an important face-lift. The warehouses along the harbor will be torn down to make room for high-end apartments. The rest of the waterfront is also designated for residential and tourism development, with special emphasis on creating a link to the natural environment in the area.