the city of buenos aires creative districts
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The Buenos Aires neighborhood of Parque Patricios is quickly becoming a hip haven for tech companies, young professionals and small service-oriented businesses hoping to cater to the new incoming wave of tech talent. At the core of the barrio, the City of Buenos Aires Technology District is the magnet which is attracting the talent and simultaneously revitalizing the neighborhood.TRANSCRIPT
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audiovisualdesign
technologypharma
BA EMBRACES A NEW BRAND OF “POLO”
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BA EMBRACES A NEW BRAND OF “POLO”
matechnologyaudiovisualdesignpharmatechnologyaudiovisualdesignpharmat
When most foreign travelers and investors think of Polo in Buenos Aires, it conjures up images of Cambiaso and Palermo, high-goal matches and La Martina clothing. But the new wave of “polo” being embraced by the City of Buenos Aires is slowly changing the landscape of Capital Federal and transforming the city into a net exporter of creative services.
Under the direction of the Ministry of Economic Development, the four main “polos” or centers of attraction in Buenos Aires are the emerging Design District in Barracas based in the Metropolitan Design Center, the Tech District in Parque Patricios, the Audiovisual District in Palermo Hollywood and the Pharmaceutical District in the south.
The Districts are spaces where companies and academia come together for innovation and production while blending with the cultural identity of the surrounding barrios. We attended the Grand Opening of the Design District last year. Today, that state-of-the-art facility serves as an incubator for young companies with promising products and design ideas.
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audiovisual
design
pharmatechnology
Map Design: Silvina Garcia
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BA EMBRACES A NEW BRAND OF “POLO”
matechnologyaudiovisualdesignpharmatechnologyaudiovisualdesignpharmat
The Technology District was the second polo to take shape, and Tata Consultancy Services was one of the first global IT companies to make the move to Parque Patricios. Today, less than two years later, over 100 companies call the Tech District “home,” and the City just extended the H Line of the Subte to Parque Patricios making it easier for worker access.
InvestBA was recently invited to attend a guided tour of the Tech District led by Ms. Valeria Zivelonghi of the City’s Investor Assistance Center (CAI). She explained the attractive package of tax exemptions, lines of credit and other incentives available to companies relocating to the District.
Like the other BA Polos, the goals of the Tech District include promoting IT service exports and BA’s economic diversity, attracting domestic and international IT investment, and transforming the surrounding barrio of Parque Patricios into a live/work/play destination that attracts more full-time workers and small businesses that serve the new District residents.
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BA EMBRACES A NEW BRAND OF “POLO”
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The Audiovisual District was the third BA Polo to receive government approval, and it will have the largest geographical footprint (1,700 acres) and potential impact on job creation (63,000 new jobs) in Buenos Aires.
From commercials to TV shows to feature films, the City of Buenos Aires is now the 4th most popular destination in the world for film crews according to a new ranking from Variety. Only Prague, Paris and New York rank higher than Buenos Aires which has blossomed in recent years as a destination of choice for film and television production.
“We want the world to look at Buenos Aires as a movie set the size of a city,” GCBA Economic Development Minister Francisco Cabrera adding, “The sector is one of the most dynamic of the local economy.” BA’s affordability, abundance of creative talent, and diversity of backdrops makes it universally appealing with the barrios of Monserrat, Palermo, Puerto Madero, Recoleta and San Telmo among the most popular for films.
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BA EMBRACES A NEW BRAND OF “POLO”
matechnologyaudiovisualdesignpharmatechnologyaudiovisualdesignpharmat
The Spring/Summer 2011 issue is a whirlwind journey from artist galleries and road races in Buenos Aires to private vineyards in Mendoza to luxury estancias and amazing sunsets in Jose Ignacio.
Spring means creativity is blooming, so we’ll tour the new Buenos Aires Tech District, travel to San Rafael for the Grand Opening of a revolutionary hamburger franchise, check out the new wave of condo-hotels being built in Argentina and Uruguay and find out what A-list celebrities are buying vineyards in the Uco Valley.
Third Story HeadlineVineyards, Estancias, Condo-Hotels & Other Properties For SaleInvestBA.com features a wide variety of unique residential and commercial properties for sale in Buenos Aires, Argentina and Uruguay. From private vineyards to luxury high-rise apartments to condo-hotels, our network of boutique brokers can help you find the perfect property. Contact us now and we’ll start searching. [email protected] Twitter.com/InvestBA
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The average dollar value of real estate sold per month in Punta del Este and the surrounding beaches and towns of Maldonado. $2.8 billion since January 2009 alone. (Full Story)
Spring/Summer2011/12
Spring also means polo in Buenos Aires, and we preview the three jewels of the Triple Crown, look under the hood of the new Audi La Dolfina Q7 and count down the Top 10 polo players in the world including Argentines Pablo Mac Donough, Facundo Pieres and Adolfo Cambiaso. After a few chukkers, we’ll board a Pluna jet and fly back to Punta del Este. To top it off, we check-in for sunset at the Estancia Vik and find out how a luxury hotel and modern art merge to create a 4,000 acre shrine to the best of Uruguay.
On a macro level, the economic malaise and uncertainty impacting other corners of the globe continues fueling a flight to growth in Argentina and Uruguay. Locally, real estate remains the preferred asset for those seeking capital preservation and income-producing properties. From Buenos Aires condos to Mendoza vineyards to Punta del Este chacras, InvestBA can help you find the perfect property. And we are very pleased to welcome Uruguay’s Gasalla Inmobiliaria to our exclusive InvestBA family of boutique brokers.
Patrick ArcherCEO, InvestBA
The Premier Source for Real Estate& Other Investment Opportunities in Buenos Aires, Argentina & Uruguay
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Growth in foreign investment in Argentina during the first half of 2011, second only to Chile (20.4%) in Latin America. Almost 50% went toward new construction. (Full Story)
$100,000,000
Buenos Aires’ ranking among the 73 cities included in the 2011 UBS Prices & Earnings survey making BA one of the most affordable cities in Latin America. (Full Story)
$15,000,000,000Value of Chinese investment in Argentina over the past 3 years, an amount that will continue growing as the Chinese begin to invest in infrastructure and financing. (Full Story)
19%
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lgodon Wine EstatesPrivate Vineyard Lots & Luxury Homesites Now availableLot Sizes from 1/2 acre to 4+ Acres22 Private Vineyard Lots RemainFinancing Available
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New Luxury Condo-Hotel in Mendoza
Only 28 Units Available!Click Here to Request More InformationUSA: 1 772 933 HOME (4663) ARG: 5411 5486 2585E-mail: [email protected] Skype: InvestBA
IncomeBALocated in the heart of the Uco Valley in the exclusive Tupungato Winelands developmentWonderful income-producing opportunity with access to luxury amenities (Golf, Polo, Wine Spa, Annual wine allocation, etc.)Developer’s Note: Grupo EMR chose Tupungato Winelands as the site of the third P Hotel. Grupo EMR is not affiliated with Burco America or Tupungato Winelands.
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