39,000 new homes in Mérida’s north, many promising the high-rise ‘Lifestyle’

Mérida is changing quickly. Photo: Courtesy
Mérida is changing quickly. Photo: Courtesy

Mérida, Yucatán — As the north of the city continues its building boom, more high-rises are on the horizon.

Most of the action is till in the north. At least 62 new subdivisions, with 39,000 homes, are being built this year, mostly in the north, said Aquiles González Chacón, president of the Mexican Association of Real Estate Professionals (AMPI).

And two major shopping malls have marched closer to grand openings this year.

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“Merida is today is one of the five municipalities in Mexico with the largest amounts of investment,” said González Chacón.

In the commercial area, more than 250,000 square meters are available, In the tourism sector, more than 29 hotels with more than 1,900 rooms are being built and an investment of more than US$300 million dollars in the industrial sector is projected.

“Mérida is experiencing an important urban expansion thanks to the arrival of new national and international companies and the migration of the interior of the country thanks to the high levels of safety, leadership, health services and economic possibilities it offers,” he said.

“In the outskirts of the city, economic housing is the trend, but high-rise condos in condominium are growing in number, with more “lifestyle” projects that combine residential, business, restaurant and retail to be announced this year.

Yucatán is at the forefront and the vanguard among the five best-growth states in the housing, tourism, industrial, and commercial sectors. said AMPI’s leader.

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Armando Valencia Castillo, president of the National Chamber of the Development Industry and Promotion, agreed that “Lifestyle” housing is on the rise in the north.

The Canadevi Housing Fair 2018, at the Siglo XXI Convention Center last week, revealed new homes priced between 300,000 and 1.5 million pesos.

Amid the construction, an academic researcher detects big demographic changes in both the north and south.

Old dividing lines are disappearing. Not all the poor live in the south or the richest in the north, says Mauricio Domínguez Aguilar, a member of the Social Sciences Unit of the Dr. Hideyo Noguchi Regional Research Center.

The transformation of the metropolitan area continues its progress to the extent that the state capital is a city increasingly diffuse and less homogeneous, says Aguilar.

The researcher found that, in addition to the north-south divide, “the intermediate levels of social stratification were located predominantly in the central and western part of the city,” so that we must speak of at least three large areas in Mérida.

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It is considered that there are many “mixing zones,” where people of different social levels live.

One thing that’s still true is that the older population still resides mainly in the center of the city, said Domínguez Aguilar.

But prices are rising. There are no “cheap” properties left in the city, he said.

Sources: Sipse, Megamedia

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