Lake Managua Lake Managua Lake Managua () (also known as Lake Xolotlán) (located at ) is a lake in Nicaragua. The Spanish name is Lago de Managua or Lago Xolotlán. At 1,042 km², it is approximately long and wide. Similarly to the name of Lake Nicaragua, its name was coined by the Spanish conquerors from "Mangue" (their name for the Mánkeme tribes) and "agua" ("water"). The city of Managua, the capital of Nicaragua, lies on its southwestern shore. The level of Lake Managua raises significantly during the periods of heavy rain. The highest water level was recorded during the flooding of 1933.
Managua Somoza García and his family (1936–1979), the city was rebuilt and began to grow rapidly. New government buildings were erected, industry developed, and universities were established. The city's development caught the attention of Irving Fields and Albert Gamse, who composed a musical piece about the city that became popular in the 1940s through the performances of Freddy Martin, Guy Lombardo and Kay Kyser. Managua had become Central America's most developed city. Today's references differentiate the pre-1970s Managua by labeling it as "La Antigua Ciudad," which in English translates to "The Ancient City" or "The Old City". Managua's progress came to