Distrito Acros Premium Outlet Opens Next Month In Palermo

Patrick Archer buenos aires events, foreign investment, lifestyle, real estate, tourism

Exactly two years after it was officially announced, construction of Buenos Aires’ newest shopping center is back on track and scheduled to open next month in Palermo. Distrito Arcos is a US$60 million indoor/outdoor shopping center and entertainment complex that is transforming a prime stretch of Palermo real estate bordered by Santa Fe, Juan B. Justo, Godoy Cruz and Paraguay. The property sat dormant …

Garzon Lake Bridge Construction Will Begin In March

Patrick Archer foreign investment, lifestyle, real estate, tourism, uruguay

It’s not the biggest infrastructure project in Uruguay, but it has tremendous potential to transform the flow of travelers and tourism dollars up and down the country’s beautiful eastern seaboard. The impact on Rocha real estate values will be equally important. Announced and postponed more times than we care to remember, it appears the bridge spanning the Garzon Lake will …

Winning Design Chosen For New Montevideo Antel Arena

Patrick Archer arts & entertainment, creative class, culture, lifestyle, real estate, tourism, uruguay

The City of Montevideo will soon have a state-of-the-art arena for concerts and sporting events when the Antel Arena opens its doors to the public in 2015. An important step in the design process was taken yesterday when the winning architectural proposal for the US$40 million facility was selected by a panel of judges including Rafael Vinoly and Giancarlo Mazzanti, the …

Housing Study Sheds Light On Buenos Aires Average Rents

Patrick Archer average prices, ba government, buenos aires events, lifestyle, real estate

The City of Buenos Aires’ Ministry of Housing just released a report which sheds some light on average monthly rental rates for larger units throughout Capital Federal. While most market studies focus on one-room apartments or monoambientes, the new GCBA report focuses on supply, demand and average prices for two and three-room apartments in Buenos Aires. According to Minuto Uno, …

Banco Republica Funding 35 New Uruguay Investment Projects

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, uruguay

Uruguay’s Banco Republica (BROU) will provide over US$200 million in financing for new investment projects ranging from stadiums to shopping malls to renewable energy infrastructure. The story in today’s InfoNegocios lists the 35 projects selected in the eighth annual public bid which include wind and photovoltaic solar projects in Florida, San Jose, Paysandu and Flores; the new sports and culture …