. The community continued to serve as housing for employees of the Panama Canal Company until 1980, when parts of it began to be turned over to the Panamanian government under the 1977 Torrijos-Carter Treaties. Modern-day Ancón is a "corregimiento" (the Panamanian equivalent of a suburb in the United States) of Panama City, serving mainly as a residential area. The Gorgas Army Hospital building is now the Panamanian Oncology Hospital, primarily used for cancer research