poinsettias

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Nativity

Wednesday, July 3, 2024

Construction Everywhere

I have frequently written about construction projects here in Mexico City and given progress reports on the skyscrapers that are going up.  Last week I took one of my long walks, going from downtown all the way back to the apartment.  I stopped to take photos along the way of the many structures that are being built.

Along Juárez Avenue is this apartment building that is being built on the site of a structure that was heavily damaged in the 2017 earthquake.


This is an artist's rendition of what the project, called "Juárez 56", will look like upon completion.


According to the project's website, there will be 72 apartments.  The building is geared toward investors, and there will be the option of offering short term rentals.  In other words there will probably be a lot of Airbnbs popping up here in the future.  The first three floors will be occupied by a Porrúa Bookstore.  (Porrúa is a chain of bookstores, and they had a branch here in the building that was demolished.)  On the fourth floor there will be a restaurant.

I wonder what will happen to this once lovely building which is located next door, and which is now an empty shell.


The building (I would guess it dates from the 19th century) is probably on the city's list of structures of historic or artistic value.  If it is, any project on this property will have to incorporate the facade of the old building.

Down Juárez Avenue another project with a rather unusual design is progressing.




It stands on the site of a government office building which, after a fire and damage in the 1985 earthquake, stood abandoned for years, an enormous eyesore on one of the city's major streets.  The building was finally demolished, and supposedly the property was going to be sold, and a private project with a high rise of apartments, offices and stores was going to be built.  However, the President decided not to sell the property, and this building is going to house offices of the Secretariat of Agricultural Development.


Turning onto Paseo de la Reforma, I spotted this site of a future project.


The lot is not that large, but look at the picture of the proposed project.  The website says that it is going to be a 39-story tower of condos which they advertise as the "highest in luxury and quality of life".

Close to Paseo de la Reforma is this building, Be Grand Reforma, which I have shown you before.  


This 50-story office and condo tower is now complete. I'm sure you can buy an apartment here for a small fortune, but the view will surely be spectacular.

Another high rise of luxury living that I have shown you before is University Tower.


Construction of this building will be completed next year, but it appears to have reached its final height of 57 stories.  Their most expensive condos will cost around 2 million in U.S. dollars... a bargain, I suppose if you are used to New York City prices. 

In the Zona Rosa neighborhood, not far from Paseo de la Reforma, the Liv Reforma apartment building is under construction.


When completed it will be a mere 12 stories high with 185 apartments.


 Heading down Insurgentes Avenue, at the corner of Baja California Avenue, is this brand new apartment building called "Conjunto Insurgentes 454".  The 16 story building has 319 apartments.


A large taco restaurant has already opened on the ground floor.




Continuing down Insurgentes, close to home is an apartment complex that we pass every time we head out for breakfast on a Sunday morning.  When completed, the 11-story building will have 199 apartments.



Finally just across the street from the World Trade Center is a building project called "Alure Insurgentes".  It will be 20 stories tall and have 90 apartments.


For a long time, it seemed that the project was stalled.  But now the building is starting to rise.



What I worry about is how all these apartment complexes are going to be filled.  Mexico City may need housing, but how many luxury condos does it need?  Also, all these new high rises are going to further strain the resources of the city, especially the supply of water. 



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