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Real Estate News Nuevo Madero is growing. The area includes the spectacular Independencia and Azopardo areas - La Nacion Propiedades

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Nuevo Madero is growing: The area includes the spectacular Independencia and Azopardo areas - La Nacion Propiedades




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August 19, 2025




With exceptional connectivity and proximity to green spaces, heritage sites, and gastronomic offerings, the neighborhood is consolidating and hosting some of the city's most important developments.







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he transformation that the area known as Nuevo Madero is undergoing continues unabated . The big news is the sale of a plot of land with an estimated 55,000 m2 of buildable area at the corner of Avenida Independencia and Azopardo, which will further enhance a part of the city that has been the focus of some of Buenos Aires' most significant developments in recent years.





The coveted land , which used to house the Consolidar building, is part of the real estate portfolio of a corporate company that has awarded the sale of its assets to the real estate company Toribio Achával. "Based on the preliminary analysis we conducted of the property, the code, and its immediate surroundings, we believe it would be feasible to develop a free-perimeter residential tower there, consisting of two existing basements, a ground floor, and 26 floors, totaling an estimated potential of 55,000 m2 of saleable surface area," explains Alejandro Reyser, Commercial Director of Toribio Achával.





The great opportunity offered today by Nuevo Madero, the 8 blocks delimited by Avenida Independencia, Paseo Colón, Belgrano and Huergo, which, since the inauguration of Paseo del Bajo in 2019, have seen the development of emblematic projects such as Grand Atlántida, Quartier del Bajo and Huergo 475. “This area has become an aspirational location for people looking to be in an environment with a lot of commercial and gastronomic offerings, with unique views and proximity to Puerto Madero, and at the same time close to downtown Buenos Aires. The developments in the area began with average values US $ 2,500 / m2 and currently the few remaining units are selling at an average of US $ 4,500 / m2 ,” says Reyser.





The land is located just 300 meters from these developments , on the same block where the La Prensa building is currently being redeveloped, with a mixed-use approach: residential, temporary rentals, professional accommodations, and ground-floor commercial space.







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The Nuevo Madero area is known for iconic residential developments such as Huergo 475 (photo), Grand Atlántida, and Quartier del Bajo.





One of the attributes that explain the success of this area is undoubtedly the direct access to both the north and south offered by the Paseo del Bajo . Thanks to this privileged location, the property at Independencia and Azopardo is presented as an unparalleled asset: it covers 3,550 square meters, in a district known as CA (Corredor Alto) and is zoned as "High Mixed Land Use Area 4," which would allow for the development of a mixed-use project, predominantly residential, with high-rise buildings to take advantage of the spectacular views of the Rio de la Plata and Puerto Madero.







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Near the Faculty of Engineering, the site at Independencia and Azopardo has a 70-meter frontage and is conceivable for a 26-story tower with an estimated potential of 55,000 square meters of saleable surface area.





The 70-meter front on Avenida Independencia and the 50 meters on Azopardo , allow us to think about the design of an architectural project with a strong commercial imprint on its base, taking advantage of the two basements of existing garages, something very difficult and expensive to find in this area of the city, due to its proximity to the Rio de la Plata, and a tower building with a free perimeter with 360 views.




www.buysellba.com
 
I temporarily moved to an apart-hotel in that area, I love it. There are a few new buildings that look very interesting. The whole area is being actively developed, just a few blocks from Puerto Madero makes it a great area for investing.
 
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