Mérida Arts District in the works after Yucatán attracts 7 billion pesos in real estate investment

Yucatán authorities has attracted astir 7 cardinal pesos (US $348 million) successful existent property projects successful the authorities superior of Mérida, arsenic the existent administration’s seeks to summation enactment for the lodging sector.

Governor Joaquín Díaz Mena inaugurated the Residencial Punto Maya task successful Ucú, located northwest of the city. The task outgo a full of 5.5 cardinal pesos (US $274 million).

Yucatán Governor Joaquín “Huacho” Díaz Mena, halfway right, inaugurated the Punto Maya residential improvement connected Wednesday. (Huacho Díaz Mena/Facebook)

In a abstracted event, Díaz laid the cornerstone of the 2nd gathering of the Distrito Arte Mérida (Mérida Art District) complex, with an concern of implicit 1.3 cardinal pesos (US $64 million).

Residencial Punto Maya

Díaz, alongside Miguel Cagnasso Cantú, the manager of the existent property improvement institution Misión Obispado, chopped the inaugural ribbon for Residencial Punto Maya, a task expected to make much than 250 nonstop jobs.

“This task represents hundreds of opportunities for our people,” Díaz said during his speech, highlighting the strategical determination of the development. “It’s conscionable six minutes from the existent beltway, but it volition besides beryllium precise adjacent to the Metropolitan Beltway that we volition soon physique and the Maya Train.”

Díaz added that specified investments show that Yucatán is simply a authorities with ineligible certainty and entreaty for investors.

Mérida Art District

A rendering of improvement plans for the Mérida Art District. (Mérida Art District)

In an lawsuit that took spot aboriginal that day, Díaz laid the cornerstone of the 2nd gathering of the Mérida Art District. In a speech, helium reaffirmed his administration’s committedness to promoting policies that promote productive investment, make prime jobs, and fortify the community’s economical and societal fabric.

The existent property task volition make implicit 350 nonstop and indirect jobs and “will fortify the entity’s tourism and work infrastructure,” Díaz said. The improvement features implicit 10,000 quadrate meters of commercialized space, a 120-room edifice that volition beryllium operated by the Voco brand, and a one-hectare nationalist park, financed and maintained done backstage investment.

This task is portion of the archetypal signifier of the Mérida Art District initiative, which has already seen a  US $15 cardinal concern successful the operation of a firm halfway acceptable to  unfastened successful May.

With reports from El Economista and 24 Horas Yucatán