The Buenos Aires neighborhood of Parque Patricios is quickly becoming a hip haven for tech companies, young professionals and small service-oriented businesses hoping to cater to the new incoming wave of tech talent. At the core of the barrio, the City of Buenos Aires Technology District is the magnet which is attracting the talent and simultaneously revitalizing the neighborhood.

1. _inteligencia_
BA EMBRACES A NEW BRAND OF “POLO”

2. _inteligencia_
BA EMBRACES A NEW BRAND OF “POLO”
When most foreign travelers and investors think of The Districts are spaces where companies and
Polo in Buenos Aires, it conjures up images of academia come together for innovation and
Cambiaso and Palermo, high-goal matches and La production while blending with the cultural
Martina clothing. But the new wave of “polo” being identity of the surrounding barrios. We attended
embraced by the City of Buenos Aires is slowly the Grand Opening of the Design District last
changing the landscape of Capital Federal and year. Today, that state-of-the-art facility serves as
transforming the city into a net exporter of creative an incubator for young companies with promising
services. products and design ideas.
Under the direction of the Ministry of Economic
Development, the four main “polos” or centers of
attraction in Buenos Aires are the emerging Design
District in Barracas based in the Metropolitan
Design Center, the Tech District in Parque Patricios,
the Audiovisual District in Palermo Hollywood and
the Pharmaceutical District in the south.

3. _inteligencia_
Map Design: Silvina Garcia

4. _inteligencia_
BA EMBRACES A NEW BRAND OF “POLO”
The Technology District was the second polo to take shape, and Tata
Consultancy Services was one of the first global IT companies to make the
move to Parque Patricios. Today, less than two years later, over 100
companies call the Tech District “home,” and the City just extended the H
Line of the Subte to Parque Patricios making it easier for worker access.
InvestBA was recently invited to attend a guided tour of the Tech District
led by Ms. Valeria Zivelonghi of the City’s Investor Assistance Center (CAI).
She explained the attractive package of tax exemptions, lines of credit and
other incentives available to companies relocating to the District.
Like the other BA Polos, the goals of the Tech District include promoting
IT service exports and BA’s economic diversity, attracting domestic and
international IT investment, and transforming the surrounding barrio of
Parque Patricios into a live/work/play destination that attracts more full-
time workers and small businesses that serve the new District residents.

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6. _inteligencia_
BA EMBRACES A NEW BRAND OF “POLO”
The Audiovisual District was the third BA Polo to receive government
approval, and it will have the largest geographical footprint (1,700 acres)
and potential impact on job creation (63,000 new jobs) in Buenos Aires.
From commercials to TV shows to feature films, the City of Buenos Aires is
now the 4th most popular destination in the world for film crews
according to a new ranking from Variety. Only Prague, Paris and New York
rank higher than Buenos Aires which has blossomed in recent years as a
destination of choice for film and television production.
“We want the world to look at Buenos Aires as a movie set the size of a
city,” GCBA Economic Development Minister Francisco Cabrera adding,
“The sector is one of the most dynamic of the local economy.” BA’s
affordability, abundance of creative talent, and diversity of backdrops
makes it universally appealing with the barrios of Monserrat, Palermo,
Puerto Madero, Recoleta and San Telmo among the most popular for films.

7. _inteligencia_
BA EMBRACES A NEW BRAND OF “POLO”

8. Spring/Summer
2011/12
The Premier Source for Real Estate
& Other Investment Opportunities
in Buenos Aires, Argentina & Uruguay
_executive_summary_ inside_the_numbers
The Spring/Summer 2011 issue is a whirlwind journey from artist
galleries and road races in Buenos Aires to private vineyards in 19%
Growth in foreign investment in Argentina during the first
Mendoza to luxury estancias and amazing sunsets in Jose Ignacio.
half of 2011, second only to Chile (20.4%) in Latin America.
Spring means creativity is blooming, so we’ll tour the new Buenos Almost 50% went toward new construction. (Full Story)
Aires Tech District, travel to San Rafael for the Grand Opening of a
revolutionary hamburger franchise, check out the new wave of
condo-hotels being built in Argentina and Uruguay and find out
what A-list celebrities are buying vineyards in the Uco Valley.
#68
Buenos Aires’ ranking among the 73 cities included in the
Spring also means polo in Buenos Aires, and we preview the three jewels of the Triple 2011 UBS Prices & Earnings survey making BA one of the
Crown, look under the hood of the new Audi La Dolfina Q7 and count down the Top 10 most affordable cities in Latin America. (Full Story)
polo players in the world including Argentines Pablo Mac Donough, Facundo Pieres and
Adolfo Cambiaso. After a few chukkers, we’ll board a Pluna jet and fly back to Punta del
Este. To top it off, we check-in for sunset at the Estancia Vik and find out how a luxury
hotel and modern art merge to create a 4,000 acre shrine to the best of Uruguay.
$100,000,000
The average dollar value of real estate sold per month in
On a macro level, the economic malaise and uncertainty impacting other corners of the Punta del Este and the surrounding beaches and towns of
globe continues fueling a flight to growth in Argentina and Uruguay. Locally, real estate Maldonado. $2.8 billion since January 2009 alone. (Full Story)
remains the preferred asset for those seeking capital preservation and income-producing
properties. From Buenos Aires condos to Mendoza vineyards to Punta del Este chacras,
InvestBA can help you find the perfect property. And we are very pleased to welcome
Uruguay’s Gasalla Inmobiliaria to our exclusive InvestBA family of boutique brokers.
$15,000,000,000
Value of Chinese investment in Argentina over the past 3
Patrick Archer years, an amount that will continue growing as the Chinese
CEO, InvestBA begin to invest in infrastructure and financing. (Full Story)
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Third Story Headline
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