www.apertura.com, a news website covering events and the economy in Argentina:
US developer The Related Group, focused on luxury condominiums and multifamily residences, reported that arrives in Argentina after acquiring land in the Dock 1 of Puerto Madero, where it will build two towers and a five-star hotel.
"We are excited to finally have given all conditions and is the right time to time our arrival in the country," said Jorge Perez, CEO and founder of TheRelatedGroup, in a statement.
For his part, Carlos Rosso, who heads the division Related condominium, he added: "We always had to Buenos Aires among our plans. It is time to trust again and to think long-term investments in Argentina. We'll bring what has always characterized us unparalleled design, more luxurious amenities and museum quality art to Puerto Madero ".
The project will develop within 24 months and will consist of two 30-story residential towers and a 5 star 60-a total of 40,000m2 approximately suites hotel - developed by Lux SLS mark. The architecture will be made by the study Bodas Miani Anger BMA Architects & Associates. On the other hand, the interior design will be headed by Piero Lissoni, Studio of Milan and gardens and public square will be designed by world-renowned Enzo Enea Studio in Zurich.
In addition, this bet the country will generate 1,000 jobs during construction and over 150 stable jobs once the work is completed q.
The firm is the largest development company in the US Hispanic-owned with a development portfolio worth more than US $ 15 billion and more than 80,000 residential units completed. Several celebrities have bought in the projects of Related including Manu Ginobilli, David Guetta, Arantxa Sanchez, among others. The company also included in the museum works by Argentine artists projects like Julio Le Parc, Pablo Siquier and Liliana Porter.
Currently, Related has active projects in 8 countries, with designs by renowned architects Arquitectonica, Cesar Pelli, Piero Lissoni and Enrique Norten, and OMA / Rem Koolhaas.
The above article was translated using Google Translate from the following source: http://www.apertura.com/realstate/Una-empresa-estadounidense-llega-al-pais-y-construira-dos-torres-y-un-hotel-en-Puerto-Madero-20160401-0006.html
Following are images of the property and architectural renderings of the new project:
The Mansions of the World chapter in Argentina has come to a close....at least for owners of Grand Luxxe Residence Club contracts. Some contracts still have the addendum that allows access to the Mansions of the World hotel. Clearly that addendum no longer carries any value unless Vidanta resurrects the brand on its properties in Mexico.
Ah, the world of change.......Stay Tuned....