Banco Ciudad's new headquarters will be a sustainable, distinctive addition to Parque Patricios.

Banco Ciudad's new headquarters will be a sustainable, distinctive addition to the Parque Patricios barrio.

The future just got a little brighter and greener for Banco de la Ciudad, but the green has more to do with architecture than quarterly profits. The Buenos Aires-based bank has been planning a corporate headquarters relocation to the resurgent Parque Patricios neighborhood for some time. After careful evaluation of the 15 proposals by a prestigious panel of local architects, the Bank finally announced the winner of the design contest: London-based Foster + Partners. David Summerfield, one of the firm’s design directors, described the importance of the project and the victory: “The project is Foster + Partners first office development in Argentina and we are looking forward to further developing our designs for Banco Ciudad de Buenos Aires. The plans will create a sustainable, distinctive headquarters for the bank, while drawing on the site’s industrial past to reinforce the unique character of the neighborhood.” The new building will incorporate a variety of sustainable features and should achieve LEED Silver accreditation upon completion. Banco Ciudad president Federico Sturzenegger says the new building will allow his company to streamline operations and reduce both risks and costs associated with operations currently spread out across eight facilities. The announcement is another positive step for the redevelopment of Parque Patricios where the City of Buenos Aires is investing in a Tech District as well as extending the H Line of the Subte. Neighborhood residents should also benefit culturally considering Banco Ciudad’s commitment to the arts and support for annual events like arteBA.

El Ateneo

When you've got bookstores like this, who needs a Kindle? BA's cultural commitment garners praise.

As governments around the globe are seeking ways to curb spending and slash deficits, Andrew Cohen says “cutting culture” is not an option in Buenos Aires. Cohen, the president of Canada’s Historica-Dominion Institute, pens a smart op-ed praising the cultural commitment one sees daily on the streets of BA from the bookstores to the theater to annual gatherings like arteBA and the Feria del Libro. Cohen describes BA as “a city in love with books” where small, independent booksellers are on equal footing with the big box hipermercados thanks to laws requiring books be sold at the same price throughout the country. He then traces Argentina’s modern-day obsession with books back to the cultural priorities and donations of founding fathers like San Martín and Belgrano. The piece concludes with a 1-on-1 conversation with a serious BA cultural warrior, Hernán Lombardi. “If you don’t invest in culture, you go home,” Culture Minister Lombardi tells Cohen adding “In a crisis, we worry about losing identity. That’s when we need to support culture.” When Lombardi was named Minister of Culture, it coincided with a decision to place the city’s tourism promotion arm under the umbrella of culture. At the time of his appointment in 2007, La Nación said it showed the Macri administration’s commitment to attracting more domestic and foreign visitors to BA for major cultural events. The renovation and re-opening this year of the Teatro Colón was another feather in the City’s ever-expanding cultural cap.  (Cultural Capital by Andrew Cohen)

Mauricio Macri at the Teatro Colon

Buenos Aires Mayor Mauricio Macri surveys the renovation progress at the Teatro Colón.

Once considered one of the world’s top five opera houses, Buenos Aires’ Teatro Colón has played host to musical legends like Igor Stravinsky, Richard Strauss, Luciano Pavarotti and Arturo Toscanini. But when the curtain fell on Swan Lake in October 2006, many wondered if the aging and badly neglected theatre would ever regain its former glory. Shortly thereafter, the City embarked on an ambitious $100 million renovation project to restore something the Colón once boasted: perfect acoustics. A botched mid-80′s mini-renovation changed that and performances over the ensuing twenty years were marred by thin sound and noticeable reverberations. A team of architects, engineers and renovation experts spent the past three years demolishing and then renovating everything from the stage to the balconies to the freight elevators. Unfortunately peeling an onion of that magnitude began to reveal more serious structural problems, so the planned 2008 re-opening (for the 100th anniversary) was postponed until this year’s Bicentennial celebration in Buenos Aires. Despite doubts and criticism from opposition parties, the Government of the City of Buenos Aires persevered and the Colón is finally ready for her debut on May 24. Actually a dress rehearsal was held last night, according to Clarín, for the hundreds of workers involved with restoring the most important cultural symbol in Argentina. Shortly after 8:00, the conductor took the stage and the sounds of Beethoven’s Ninth Symphony soared through the hall. As for the restoration of the once-perfect acoustics, the conductor’s comment says it all, “We cried like little boys.” (Teatro Colón)

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Agribusiness, infrastructure and technology are just three of the Argentina/India opportunities.

While Argentina and India are still worlds apart in many respects, the 9,287-mile gap between Buenos Aires and Mumbai seemed a little less distant last week. A delegation form the City of Buenos Aires including Mayor Mauricio Macri just completed a week-long Trade Mission to India for a series of meetings with CEO’s, trade groups and government officials. Macri’s administration celebrated the arrival of Tata Consultancy Services last year, so the gobierno porteño is encouraging other Indian firms to initiate operations in the nascent Technology District. “Mr Macri also pointed to Argentina’s comparative strengths in agriculture and urged Indian firms to invest in the south American country, says Inida’s Orissadiary.  “He added that physical infrastructure development holds the key to Argentina’s growth process and invited Indian companies to consider participating in Argentina’s infrastructure projects.” At the Confederation of Indian Industry’s India-Latin America Conclave, Jyotiraditya Scindia, India’s Minister of State for Commerce & Industry, offered a message of trade escalation and diversification in the region. Scindia encouraged Indian companies to ramp up exports of manufacturing and high value-added products to “other major countries like Mexico, Argentina, Peru, Chile and Uruguay.” (The bulk of Indian exports currently go to Brazil). Agribusiness was another major theme of the Argen-India dialogue with Buenos Aires encouraging more Indian investment in the sector. A meeting between Mayor Macri and the Chairman of Godrej Industries may bear fruit in the coming year. A $1.8 billion conglomerate, Godrej is Inida’s leading manufacturer of oleochemicals.

Just two of the new officers, Chevys & Hondas that hit the streets of BA this morning.

500 new police officers, Chevy Merivas & Honda motorcycles hit the streets of BA this morning.

The new International Living Quality of Life Index covered yesterday gave Argentina high marks for “Risk & Safety;” yet security—or the lack thereof in many lower and middle class neighborhoods—remains the most important and troubling issue for many porteños. That’s why today’s introduction of the Metropolitan Police Force is being applauded throughout many corners of Buenos Aires.  According to Clarín, 500 trained officers will hit the streets and initially serve a supporting role to the Federal Police who have long held jurisdiction. In addition to taking on additional duties in the coming months, Police Chief Eugenio Burazco says the MPF ranks will grow to 1,400 officers by May and over 10,000 officers by 2016. In addition to being armed, the new officers will be patrolling the streets of Buenos Aires in style with a fleet of 50 new Chevrolet Meriva patrol cars painted with a distinctive black-and-white checkerboard pattern. Years in the making and highly politicized by opposition parties, the acceptance and perceived effectiveness of a Metropolitan Police Force will have serious implications for 2011 candidates like BA Mayor Mauricio Macri. On his facebook page, Macri describes today as an historic day designed to restore the “tranquilidad de la gente.” (the calm of the people.)

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