The Palacio de las Garzas was built in 1673 shortly after the original part of Panama City was destroyed by pirates. Now this neighborhood – Casco Antiguo – is considered to be the old, historic district. Heron’s Palace has served several purposes over three hundred plus years. This stunning, white colonial compound is now the residence for the Presidencia de la República. Manuel Amador Guerrero became the first president when Panama gained independence from Columbia in 1904.