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Coronavirus: in the middle of the pandemic, a part of the former Federal Shot was sold for US $ 11,950,175

2020-08-24T18:49:16.589Z


It is a land of what will be the future Innovation Park, in Núñez, one of the most expensive neighborhoods in the City. Up to two towers can be built and what was paid was the base price.


Silvia Gomez

08/24/2020 - 15:29

  • Clarín.com
  • Cities

The Buenos Aires government went out to auction -on line- a part of the land of the former Federal Shot , in the neighborhood of Núñez , and the move paid off. 27 minutes after the start of the auction, a user offered the base price, US $ 11,950,175 , and was left with a strip of land measuring 45 by 40 meters.

The Ministry of Economic and Productive Development did not inform Clarín who was the buyer -or who- and neither what is the specific destination that can be given to these 1,800 square meters of land. 

The auction was carried out through the Banco Ciudad website, which in the middle of quarantine was adapted and developed a platform that allows interested parties to bid and participate in the process, all online. In these months, he continued with the classic jewelery, art and electronics auctions. And this Monday, he added the auction of this important land.

Of course, the land is important because of its privileged location, not because of its dimensions. The number of meters does not exceed a quarter of a block . It is located in what was the former Federal Shot, and today it is the "Innovation Park".

Sale of public lands in the City. The plot of the former Federal Shot that will be auctioned with a base of 12 million dollars.

In this area - a strip of land that runs parallel to Udaondo Avenue , in the vicinity of the River Plate stadium - the City promotes the installation of public and private institutions, focused on teaching and scientific research and technologies; and companies linked to these sectors, as well as spaces for entrepreneurs. The Park should function as a kind of catalyst, a stimulator between one activity and another to generate knowledge and work. 

But also the project, which was approved through a law in the Buenos Aires Legislature, provides for the construction of residential and office towers. Which in part explains the price that was paid today for the land that went up for sale.

"It is clear that the FOT allows construction in height . Although the land is" small ", up to two towers could be built . But in this particular operation - taking into account the economic situation - it must be taken into account that the price is relative "a real estate agent with decades of experience in the market told this newspaper. "They are 12 million dollars at the price of the official dollar," he closed. Today the gap that separates the blue dollar from the official one is around $ 60

It is not the first land to be sold of what was the Federal Shot. At the end of 2018, the Werthein Group - together with a financial trust of Swiss capital, Buenos Aires Landmark - made the purchase of two blocks at a cost of 151.5 million dollars . For Banco Ciudad it was the most important auction in its history.

With this money, the Buenos Aires government should finance the construction of the public infrastructure of the "Innovation Park" and also the urbanization works in villas 31 and 31 bis;

The "Innovation Park" is divided into three industrial estates. The A is the one that was sold to the trust in which Werthein participated, where it will be possible to build two 100-meter high residential and office towers. Sector B is the corner of Udaondo and Libertador, where the heritage value facilities of what was the Federal Shot will be preserved . This institution has already granted the usufruct of a piece of land in front of the Río de La Plata, next to the Children's Park . Finally, polygon C is the one that will be specifically devoted to innovation issues.

Everything that has to do with the sale of public lands generates a wide debate and a lot of concern. Environmentalists and NGOs denounce that although the law determines that 65% of the surface should be used for public spaces , a very important part of this item ends up being streets and sidewalks. In addition, they object to the sale of these lands located in the most expensive areas of the City, when the PUA (Environmental Urban Plan) indicates that economic activity should be encouraged in the most disadvantaged neighborhoods.

And finally, what is related to the destination that the State will give to the money it collects from the sale of these lands. In principle, a part should be allocated to works in villas 31 and 31 Bis de Retiro, and another, to the development of the project.

SC

Source: clarin

All news articles on 2020-08-24

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