Managua Foreigners, mainly from Anglo-America and Europe, are becoming interested in considering post-retirement life in Nicaragua, as the country has been mentioned by various media outlets due to its safety performance on major indexes and inexpensive lifestyle for tourists. The capital is also in need of more office space in downtown Managua as the city's economy continues to grow. Economists predict that its demand for commercial real estate will increase. New office buildings are currently being constructed along Carretera a Masaya and in Villa Fontana districts. The most recent inauguration being the Edificio Invercasa. "Plaza de la Revolución" (Revolution Square), formerly
Managua its members. Chief of Police, Aminta Granera, stated that vehicles robberies has reduced; as only 200 reports were filed in 2006. The German government funded the construction of a water treatment plant with plans to process the city's sewage and clean the Managua lake. Also pending is a mega-project to reconstruct the old center of Managua, and to introduce a monorail system, to alleviate future transportation problems in Managua. Managua is the home of most national broadcasting television channels as well as the major national newspapers. Some of the larger television channels include: Canal 2, Telenica, Canal 10, Canal 15