Alvear Tower
A mixed-use development, the 54-story, 70,000 m (753,000 sq ft) building includes 175 condominiums totalling 34,000 m (366,000 sq ft), as well as a five star hotel. The building's residential floor plans are notable for their variety—ranging from 100 m (330 ft) to 500 m (1,600 ft)—, as well as their 3.3 m (11 ft) ceilings.
Construction
Development took place on a 7,000 m (75,300 sq ft) lot sold by Grupo Château (the local builders of the neighboring Château Puerto Madero Residence) for US$35 million to Madrid-based developer Rayet for the construction of the Hotel Único Buenos Aires. Originally scheduled to open at the end of 2010, the Hotel Único project was canceled. Rayet sold the lot to Anglo-Argentine developer, David Sutton, the proprietor of the Alvear Palace Hotel, on 5 March 2010.
The construction of the Alvear Tower started in March 2012 and was completed in 2017. The skyscraper is budgeted at US$130 million.
See also
References
- ^ "En obra, la torre más alta del país". La Nación (in Spanish). 17 November 2012. Retrieved 14 January 2023.
- ^ Marcuzzi, Josefina (5 March 2010). "Otro grupo extranjero se va y se "argentiniza" Puerto Madero". Clarín (in Spanish). Retrieved 14 January 2023.
- ^ "Puerto Madero: crece la torre más alta de la ciudad". La Nación (in Spanish). 17 August 2015. Retrieved 14 January 2023.
- ^ Rapoza, Kenneth (10 March 2015). "Investors Getting Ready For Argentina's Real Estate Resurrection". Forbes. Archived from the original on 14 January 2023. Retrieved 14 January 2023.
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