US$2 Billion Highway Tunnel Below Puerto Madero Could Open In 2016

Patrick Archer ba government, buenos aires events, foreign investment, real estate, us companies

A proposed highway tunnel below Puerto Madero could bridge northern and southern auto corridors, alleviate downtown Buenos Aires traffic and spark a new wave of downtown real estate development. If approved, boring machines could begin carving the 2.5 kilometer underground tunnel this year which would connect three major downtown highways by mid-2016 if the project receives both municipal and federal …

Heat Map Plots New Construction Activity in Buenos Aires

Patrick Archer buenos aires events, real estate

New construction in Buenos Aires rose 37% in the first half of the year according to a new study from Urbeos, a geo-marketing firm that analyzes GIS data for urban investment opportunities. The company’s August report found that on average 73 new residential buildings were under construction each month in Capital Federal compared with 53 buildings in the first six …

Average Rental Rates For Buenos Aires Neighborhoods

Patrick Archer average prices, buenos aires events, real estate

The cost of rental housing in Capital Federal and the Greater Buenos Aires (GBA) area rose an average of 27% in the past year, according to a new market study from Reporte Inmobiliario. The report focused on rental rates for two-room apartments, the most popular unit size in Greater Buenos Aires in terms of both supply and demand. Clarin’s Pablo Novillo …

B+A+E=H: The New Buenos Aires Subte Line Moves Forward

Patrick Archer ba government, buenos aires events, foreign investment

The Buenos Aires Subte added a new station yesterday on the “H” Line, a highly-publicized, much-needed, oft-delayed North-South connector that will one day connect Retiro in the North, Nueva Pompeya in the South and intersect every major East-West line on the network. Up until now, the “Sub” in the H Line’s Subte has been more indicative of its degree of …

China To Back Argentina Rail Renaissance

Patrick Archer foreign investment

With close to 30,000 miles of functioning tracks, Argentina’s rail network was one of the world’s most extensive and profitable by the middle of the last century, but you wouldn’t know it by visiting the country today. Sixty years of neglect have left the once robust freight and passenger railroads a rusting shell of their former selves. For example the …