Business · Companies · 5 hrs ago
Plaza Carso transformed a former industrial district in Mexico City
Carlos Slim’s Plaza Carso replaced former factories in the Nuevo Polanco area of Mexico City.
Starting in the 1930s, General Tire, General Motors and Chrysler operated factories there, making the area an important manufacturing centre.
As heavy industry moved out of the capital from the 1970s, factory buildings were left unused and the land fell into disrepair.
Construction began in January 2008 on a 78,000-square-metre site, with an investment of more than $800 million.
Plaza Carso combines offices, homes, shops and cultural venues, including the Soumaya and Jumex museums, a theatre and an aquarium.
The development includes three office towers, residential buildings, a shopping centre and underground parking for about 9,000 vehicles.
The former factory district became a mixed-use hub, bringing business, housing and entertainment together in one complex.
Plaza Carso replaced a former industrial site in Mexico City’s Nuevo Polanco with a complex of offices, homes, shops and cultural venues.
Construction began in January 2008 on a 78,000-square-metre site, with an investment of more than $800 million.
The project was promoted by Carlos Slim and developed with architect Ricardo Legorreta.
The site had hosted factories operated by General Tire, General Motors and Chrysler before industrial activity declined.
Plaza Carso includes the Soumaya and Jumex museums, the Telcel Theatre and the Inbursa Aquarium.
- Who
- Carlos Slim promoted the project, with architect Ricardo Legorreta.
- What
- A former industrial site was redeveloped into a mixed-use complex with offices, homes, shops and cultural venues.
- When
- Construction began in January 2008.
- Where
- Nuevo Polanco, Mexico City.
- Why
- The site had fallen into disuse as industry moved away from the capital, and it became the starting point for a real estate project.
This story does not have two clearly opposing sides.
General Tire opened a tyre plant in the area.
General Motors arrived in the area.
Chrysler joined the area’s industrial activity.
General Tire closed as heavy industry began moving out of Mexico City.
Construction of Plaza Carso began.
- Site area
- 78,000 square metres
- Construction investment
- More than $800 million
- Construction start
- January 2008
- Former factories
- General Tire, General Motors and Chrysler
- Parking capacity
- About 9,000 vehicles