Construction is complete on the PriceSmart Costa Verde located the city of La Chorrera, Panama. With the opening of this store, PriceSmart, Inc. will have five club warehouse stores in operation in the country of Panama. The 95,000 square foot facility was designed by Mour Group Engineering + Design of San Diego who provided prime architecture and structural engineering services. Mechanical, electrical, and plumbing engineering is by Smith & Boucher. Mour Group Engineering + Design also provides ongoing site planning, architecture, and structural engineering support services for PriceSmart, Inc. throughout Latin American and the Caribbean.
PriceSmart, headquartered in San Diego, owns and operates U.S.-style membership shopping warehouse clubs in Latin America and the Caribbean, selling high quality merchandise at low prices to PriceSmart members. PriceSmart now operates 36 warehouse clubs in 12 countries and one U.S. territory (six each in Costa Rica and Colombia; four each in Panama and Trinidad; three each in Guatemala, The Dominican Republic, and Honduras; two in El Salvador, and one each in Aruba, Barbados, Jamaica, Nicaragua and the United States Virgin Islands.)