Oldest city in the state of Rio Grande do Sul, Rio Grande is about to experience the greatest transformation property of their 274 years of history. With about $ 7 billion in new naval projects under construction and already announced, the port city are expected to generate over 40,000 jobs over the next five years. Mindful of the demand that is coming and what already exists ? and no room to live in the city itself ? a group of heavy investors want to invest R $ 250 million to change the city of 200,000 inhabitants.
In an area of ??106 square meters, will be built the first mall in the city, with 26 million square feet of gross leasable area (GLA), an Ibis and a new planned neighborhood, with commercial buildings, residential houses and lots.
In this endeavor are big names ? the real estate sector and beyond. The land was purchased about a year for Iboty Ioschpe, a partner and advisor Iochpe-Maxion, a maker of auto parts and components for the railway industry. Real estate investor in an individual, owns Aquarius Iboty Realty. ?I got interested by the future prospect of the city, according to the shipping hub,? said Ioschpe.
Iboty Ioschpe, Cipasa Partage and will invest $ 250 million in development that changes the scenery of the city
The business partners will Cipasa, a traditional blend of companies in the country ? which last year was acquired by private equity fund Prosperitas, specializing in real estate ? and Partage, real estate arm of the Baptist family, who share control of Ach? laboratory with two other families.
Iboty did not give up continuing in each of the projects that will be erected in the vast terrain. The Cipasa and Concord, local company, part of a consortium that owns 60% of the allotment, while the other 40% remain with the Aquarius Enterprises.
Partage is already two-thirds of the mall ? and Ioschpe with a third. ?There were several companies interested in business,? says Ioschpe, who says he Partage chosen because the company will ?anchor weight? to the mall. Ricardo Baptista, of Partage, would not say what are the retailers who must go to Rio Grande. The mall will cover an audience of about 400 000 people, between Rio Grande and surrounding areas. ?It will be a premier shopping destination in the region,? says Baptista.
According to Ivo Szterling, director of Cipasa, the company began, more than a year, a national expansion plan, with housing developments in economic segments, medium and high standards. The planned neighborhood of Rio Grande is the second venture of Cipasa in Rio Grande do Sul ? the first was in Canoas. As has been done by the district Sobloco Ceramics in Sao Caetano (SP), the idea is to establish partnerships with developers. The project provides for four product types: 600 apartments, 300 to 400 lots of standard medium (from 250 m2 to 300 m2) and one thousand units of mid-high (lots of 360 m2 to 450 m2).
The lack of housing and hotels in Rio Grande do with the workers who build the platforms choose to live in Pelotas, 60 kilometers from Rio Grande, and Casino, 22 km. ?Today the lack of projects in real estate is limiting new projects in the city,? says the deputy mayor of Rio Grande, Adinelson Exchange.
Second largest cargo handling port in the most silent, the port of Rio Grande has an important role in cargo handling to Uruguay, Paraguay and Argentina. In addition to the Dry Dock, which was begun in 2009 by WTorre was purchased by Engevix, there are three more platforms for Petrobras, P53, P55, P63. Queiroz Galv?o also build a platform, P58, and the group will work naval Wilson Sons.
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Source: http://www.bluecana.com/business-info/new-naval-projects-under-construction-254.html
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