Distrito Arcos: BA’s First Outdoor Premium Outlet Opens In Palermo

Patrick Archer arts & entertainment, buenos aires events, foreign investment, franchises, lifestyle, real estate, tourism, vanityba

It was announced three years ago and ready to open with retail stores fully stocked and decorated several months ago, but political opposition and legal obstacles put the grand opening on hold. Now Distrito Arcos, Buenos Aires’ first outdoor premium outlet mall, is finally open to the public following the grand opening ceremony on Thursday. An appeals court ruled in …

“Bigger & Business-Minded” Define New Wave Of Palermo Hotels

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

The latest wave of hotels being built in the popular Buenos Aires neighorhood of Palermo are much larger than their predecessors and increasingly focused on the needs of business travellers. Changes In The Palermo Hotel Profile is the headline of Isabel Stratta’s analysis in iEco of the morphing lodging landscape in areas like Palermo Nuevo, Palermo Soho and Palermo Hollywood …

New Palermo Premium Outlet One Step Closer To Overdue Opening

Patrick Archer arts & entertainment, ba government, buenos aires events, lifestyle, real estate, tourism

A high-profile commercial real estate development in Palermo just moved one step closer to clearing an environmental hurdle which has postponed the project’s grand opening since last December. The City of Buenos Aires’ Environmental Protection Agency met yesterday to review the environmental impact study of the new Distrito Arcos, a US$60 million outdoor shopping and dining complex nestled between Palermo …

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 …

New Construction Condos in Buenos Aires Appreciate 15%; Existing Units Rise 11%

Patrick Archer aruba, average prices, foreign investment, real estate

The average annual appreciation of new construction condominiums in the City of Buenos Aires was 15% last year compared to a 9% average gain in 2010, according to a new study from Reporte Inmobiliario. Five of the Buenos Aires barrios with the highest average increases were Palermo Nuevo (+29%), Palermo Sur (+20%), Villa Urquiza and Flores (both 19%) and Palermo …