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Centro Financiero Confinanzas

Centro Financiero Confinanzas
Centro Financiero Confinanzas Chavez Vive 2014.jpg
Centro Financiero Confinanzas draped with banners saying "Chávez Lives" in 2014.
General information
Status Incomplete
Type Office
Hotel
Aparthotel
Location Caracas, Venezuela
Construction started 1990
Estimated completion 1994
Owner Corpolago C. A.
Height
Roof 190 m (620 ft)
Technical details
Floor count 45
Floor area 121.741 m² (1310.41 sq ft)
Design and construction
Architect Enrique Gómez and Associates.
Developer J. David Brillembourg.
Structural engineer Brewer and Brewer Engineers S.C.

Centro Financiero Confinanzas, also known as Torre de David (the Tower of David), is an unfinished skyscraper in Caracas, the capital of Venezuela. It is the third highest skyscraper in the country after the twin towers of Parque Central Complex. The construction of the tower began in 1990 but was halted in 1994 due to the Venezuelan banking crisis. As of 2016, the building remains incomplete and unused.

This tower in downtown Caracas is nicknamed "Torre de David" after David Brillembourg, the tower's main investor who died from cancer in 1993. During the banking crisis of 1994, the government took control of the building and it has not been completed since. The building lacks elevators, installed electricity, running water, balcony railing, windows and even walls in many places. The complex has six buildings: El Atrio (Lobby and conference room), Torre A that is 190m tall and stands at 45-stories still includes a heliport, Torre B, Edificio K, Edificio Z, and 12 floors of parking.

In 2001, the Venezuelan government made the attempt to auction off the complex, though no one made an offer.

In the 2000s and 2010s, Caracas suffered from a housing shortage, with shortages amounting to about 400,000 Caracas homes in 2011. Construction of homes halted in Venezuela due to the fears of expropriations that occurred under the Bolivarian government while the government was also unable to build enough homes for Venezuelans. Citizens of Caracas soon began to occupy buildings surrounding the complex.

The housing shortage led to occupation of the complex by squatters led by ex-convicts in October 2007, with over 200 families, representing about 40% of Caracas' "informal communities", taking over the center. Residents have improvised basic utility services, with water reaching all the way up to the 22nd floor. They could use motorcycles to travel up and down the first 10 floors, but had to use the stairs for the remaining levels. The residents lived up to the 28th floor, with many bodegas and even an unlicensed dentist also operating in the building. Some residents even had cars, parked inside of the building's parking garage.


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