SAN JUAN, Puerto Rico -- Tourism officials here have formed a
steering committee to guide the development of Puerto Rico's new
convention center, which will anchor an unprecedented $1.2 billion
waterfront project known as El Triangulo Dorado (the Golden
The convention center, scheduled to break ground in the next
three years, will add between 300,000 and 500,000 square feet of
meeting and exhibition space to Puerto Rico.
"The new convention center represents a critical investment in
our economy and a magnificent opportunity to develop Puerto Rico's
meetings industry to the fullest," said Jorge Pesquera, executive
director of the Puerto Rico Convention Bureau, who will head the
The committee will include high-level officials from the Puerto
Rico Tourism Co., the Puerto Rico Hotel & Tourism Association,
Puerto Rico Transportation and Public Works and the Puerto Rico
Government Development Bank.
El Triangulo Dorado is slated to be the largest waterfront
development in the history of the U.S. and its territories.
The plan calls for expanded cruise ship terminals, a new
homeport area, an aquarium and maritime museum, entertainment
venues and other facilities.
The committee is expected to select appropriate entities for
ownership and development of the convention center. The committee
also will establish a meeting planning advisory board to consult on
the development of the center.
The committee also will select a consulting firm, which will
make recommendations on the size and configuration of the facility
as well as the financial aspects and will develop a five-year plan
for sales and marketing.