Montevideo Bumps Buenos Aires For South America’s Best Quality Of Life

Patrick Archer competitiveness, creative class, culture, global rankings, lifestyle, uruguay

Buenos Aires and Montevideo usually take top honors as the best cities in South America in Mercer’s annual Quality of Living Worldwide City Rankings, and 2014 was no different although Montevideo nudged BA for the top spot. The Mercer Index which is designed to help multinational companies compensate employees fairly when placing them on international assignments takes into account a wide …

Buenos Aires New Construction Activity Plummets 85%

Patrick Archer aruba, ba government, buenos aires events, real estate

Eighteen months since the implementation of currency controls intended to protect Argentina’s dollar reserves, new construction activity in the City of Buenos Aires is grinding to a halt. According to new data from the City’s Ministry of Housing, the number of requests for new construction permits fell 84.6% in the first two months of the year compared to the same …

M2 Lite: Buenos Aires New Construction Activity Down 25%

Patrick Archer aruba, buenos aires events, foreign investment, hotels & casinos, real estate

The 2011 currency controls responsible for double-digit monthly declines in Argentina real estate sales activity are also cooling the optimism of developers contemplating new construction in Buenos Aires. According to a new report from Reporte Inmobiliario, the total number of new construction permit requests submitted to the City of Buenos Aires fell 24.5 percent in 2012 from 24.3 million square …

The Buenos Aires Audiovisual District In Palermo Hollywood

Patrick Archer arts & entertainment, ba government, buenos aires events, creative class, entrepreneurs, foreign investment, technology

The City of Buenos Aires has a vision for attracting more audiovisual industry and production companies to Palermo Hollywood and surrounding neighborhoods. In an interview today with Ciudad1.com, Economic Development Minister Francisco Cabrera says, “We want to recreate the Tech District model in the Audiovisual District, a zone which encompasses Palermo Hollywood and extends to Chacarita and Paternal. We want …

Subte Expansion Drives Buenos Aires Real Estate Development

Patrick Archer ba government, foreign investment, real estate

Of all the amenities Buenos Aires property buyers look for, one of the most valuable is actually state-owned and underground. The Buenos Aires Subte transports well over 1.5 million passengers a day along six lines, and Micaela Vacca of La Razon says future underground stations are shaping the residential and commercial landscape of the barrios above. “The opening of new …