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 the Old Cathedral of Managua was designed by Belgian architects, and the iron that was used to shape the core of the cathedral was shipped from Belgium. Construction lasted from 1928 to 1938, overseen by Pablo Dambach, who was a Belgian engineer residing in Managua. The architects had been inspired by the church of Saint-Sulpice in Paris, France. The St. James' Cathedral became the first cathedral in the Western Hemisphere to be built entirely of concrete on a metal frame. The cathedral survived the 1931 earthquake, but was heavily damaged during the 1972 earthquake, which eventually led to the construction