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 Foreign embassies in Managua also sponsor film festivals. Since the late 1990s and early 2000, many casinos and karaoke bars opened and have remained popular attractions for Nicaraguans and foreign visitors. Popular music includes the Palo de Mayo, Merengue, Cumbia and Latin pop among other Latin music genres, as well as American pop and rock. Salsa dancing is a national pastime. Managua boasts a vibrant night life. Nightclubs and bars are abound in Managua, particularly, in the popular areas called "Zona Viva" located in the shopping mall "Galerías Santo Domingo", as well as very close by "Plaza Mi Viejo Santo