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Maybe I'll visit Casco Viejo in my next trip to Panama. Planetizen links to this article on the five year master plan for the capital’s second colonial-era city center.

The plan includes:

Parking improvements;

Basic transportation and utility improvements;

Building rehabilitation of "mostly ruined" churches and commercial areas, including new museums;

New affordable housing;

and "an annual three-day festival, to take place every May".

Apparently, local community is skeptical. The planners keeps calling it an "action plan". I guess master plans are becoming a bad word...