Bid Process Underway for New Punta del Este Convention Center

Patrick Archer competitiveness, foreign investment, hotels & casinos, real estate, tourism, uruguay

A Uruguay public sector trust officially opened up the bid process this week for the construction of the new Punta del Este Expo & Convention Center. Two dozen developer groups expressed interest when the project was announced earlier this year. As envisioned, the facility will be a seven-building complex built on a 12 acre parcel north of town next to …

24 International Developers Want to Build New Punta del Este Convention Center

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

Commercial developers interested in building and managing the planned Punta del Este Convention Center had until last week to submit letters of interest, and no fewer than 24 submitted proposals to Uruguay’s National Development Corporation. The Punta del Este Convention Center will be a seven-building complex built on a 12 acre parcel north of town next to the El Jaguel …

Prime Punta del Este Parcel Coming To Auction

Patrick Archer foreign investment, real estate, uruguay

One of the most coveted parcels in Punta del Este is coming to the auction block next month, and the announcement will certainly attract multiple foreign investor groups. Land sales in and around Maldonado are nothing new, but the size and location of this particular parcel makes it extremely valuable. According to Marcelo Gallardo of El Pais, the parcel in …