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[4] [5] The government-backed Puerto Rico Industrial Development Corp. spent $7 million to build and furnish the hotel. After it was built, the government leased the hotel to the Hilton Corp. on a 20-year lease. [6] The hotel was the first in Puerto Rico to offer radios in every room and individually controlled air conditioners. [4]
Caribe Hilton Hotel as seen from Condado. Toro y Ferrer was an architectural firm and one of the principal exponents of Puerto Rico's tropical modernism.Founded in 1945 by Osvaldo Toro FAIA (1914–1995), Miguel Ferrer FAIA (1914–2005) and Luis Torregrosa Casellas, the firm designed some of Puerto Rico's most significant modern landmarks.
Es de Velasco, or mostly just known as "Velasco", was a chain of high-end department stores operating in Puerto Rico. The chain was later bought out by its main competitor González Padín in 1991 and closed in 1995.
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The Gallery at Gran Caribe was Puerto Rico's 20th largest shopping center, as reported in the Caribbean Business White Pages 2004 directory which was the investment company's first incursion into the local market. Thor Equities acquired the mall, originally called Centro Gran Caribe, in May 2004 from Decemcor for $61.5 million.
González Padín was a high-end department store based in San Juan, Puerto Rico.The chain which operated in Puerto Rico at its peak had 10 stores. The chain closed in 1995, and at the time of closure it was the biggest and oldest department store on the island.
The Caribe Hilton Hotel was the first facility ever operated by Hilton Hotels outside of the continental United States. See also. Puerto Rico portal; Caribbean portal;
The hotel was publicly owned, by the government of Puerto Rico, and managed by the US-based Associated Federal Hotels chain. [3] The main hotel building was designed by architects Osvaldo Toro and Miguel Ferrer, of the firm Toro Ferrer. The two men had previously designed the first modern luxury resort in San Juan, the Caribe Hilton.