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The New Port of Buenos Aires was completed in 1926, making the existing Madero docks superfluous. Though these continued to serve in ancillary port functions, the zone gradually decayed, becoming one of the city's most degraded areas, a mixture of warehouses and large tracts of undeveloped land.
Mar 8, 2024 · As the 20th century changed into the 21st, the neighborhood received a sudden make-over and became the home to luxury hotels and apartments; restaurants, cinemas, and shops; even office and corporate buildings were constructed. With its re-development, the streets of Puerto Madero were named in order to pay homage to women.
In a scheme typical of the now unpopular president he created a private corporation — split equally between the federal government and the city of Buenos Aires — to fund the project. Once incorporated, the land of Puerto Madero was parceled out to private entities.
Puerto Madero is Buenos Aires’ ritzy prototype of modernity in a city otherwise beloved for its history. The city’s newest district, with its sleek high-rises, perfect sidewalks and well-equipped parks is considered one of the most successful urban waterfront restoration projects in the world.
In 1882 the government hired Eduardo Madero to build a new port that would provide the city with a modern image. Ten years after the construction of the port, with the increase in the size of ships, Puerto Madero became obsolete and fell into a state of great decline.
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Puerto Madero is a vibrant and modern neighbourhood in Buenos Aires, where you can enjoy the stunning architecture, the historic ships, the iconic bridge and the waterfront views. Discover the must-visit attractions, the history and the style of this regenerated portside area on the official website of the city's tourism board.
