Supreme Court To Decide Fate Of US$2 Billion Coasta del Plata Megaproject

Costa del Plata was going to be the next Puerto Madero. A US$2 billion mixed use megaproyecto spread over 500 acres with thousands of residents living in high-rises along three miles of Buenos Aires Province coastline. Now a court ruling could sink a project that has languished since being announced in March 2008. The Supreme Court Could Decide The Future …

Buenos Aires Parking Rates Approaching US$300 Monthly

Two years ago we posed the question, Who Wants To Be A Buenos Aires Parking Lot Millionaire?  Turns out it was no joke.   Buenos Aires parking rates are soaring as private lot owners raise rates only six months after another double-digit increase earlier this year. Garages Are Charging Up To $1,700 Pesos For A Monthly Parking Space is the …

FranchiseBA: Palermo Cafe Brings 3D Printing To The Masses

A new Buenos Aires business is bringing 3D printing to the masses and a new franchise model which puts a more collaborative twist on the old cybercafe concept. The 3D Lab Fab & Cafe opened this week in Palermo Soho (Costa Rica 5198) with the goal of offering a space where, according to the website, patrons can “have a coffee, spend …

Buenos Aires Real Estate Closings Down 45% In June

Real estate closings in the City of Buenos Aires were down 45% in June compared to one year ago, as currency controls and election year uncertainty continue to put a damper on local sales activity. While the total number of residential closings dropped 44.7%, the total peso-denominated value of those deals was down 37.2%, according to the Buenos Aires Notary …

“Revenge Of The Tow Trucks” Now Playing In Puerto Madero

Revenge Of The Tow Trucks…It sounds like a summer blockbuster, but it’s actually a winter preview of life when tow trucks and progressive parking meters will blanket 10,000 blocks of Buenos Aires. The sneak preview is playing out on the sterile streets of Puerto Madero where tow trucks are hauling off illegally parked cars left and right. According to La …