SAN FRANCISCO, PANAMA
San Francisco, Panama is the township which houses the nerve center of modern Panama City. San Francisco is crossed by Calle 50, officially Avenida Nicanor Obarrio, the street in which the headquarters of most banks and financial institutions are as well as top-rated office towers. It is one of the main arteries of communication in the city, where many businesses, shops and services of all kinds are located.
Calle 50 is the benchmark in the area of San Francisco, Panama, which has a lot of big buildings and multifamily housing, but is also famouse for the sea front and Omar Torrijos park which serves as a green backdrop. The construction of the Corredor Sur (highway) has given this area mobility and accessibility of first level.
San Francisco, Panama was founded in 1926 as the community of San Francisco de la Caleta. An image of San Francisco de Asis was found by local fishermen in Playa Trujillo in 1933 and was exalted to the altar of a church of the Claretian congregation of the same name. Until the last decades of the twentieth century it was an appendix to the center of the city, a place of retreat and expansion in front of the ocean for the locals.
San Francisco, Panama has a modern infrastructure and a high density of skyscrapers. It can be considered the commercial, financial and touristic hub of the Panamanian capital. San Francisco is well connected by several arterial roads that offer alternative exit and entry to the zone among which access to the Corredor Sur.
Full with multi shopping and entertainment alternatives, San Francisco, Panama also has an active cultural life, held in the headquarters of the National Library of Panama in Omar Torrijos Park. Also in the vicinity there is the ATLAPA Convention Center, which was the setting for the seventh Summit of the Americas in April 2015. In this area there are also some of the more traditional educational institutions and two major high level shopping centers: Multicentro and Multiplaza.
As township, it is home to several of the neighborhoods where real estate has flourished, developing some of the most exclusive residential buildings of Punta Pacifica and Punta Paitilla. San Francisco, Panama is mainly inhabited by high and upper middle class families.