Shops on the lower floors of buildings: New Trend

In addition to the new boom of constructing high quality buildings with a wide range of amenities in them, during the last few months a new trend has come to stay: the gastronomic businesses on the lower floors of buildings.

In many neighbourhoods of the City of Buenos Aires, such as Palermo and Belgrano, this new trend of installing gastronomic businesses on the lower floors of the buildings has become really popular in Buenos Aires. Many specialists when referring to this new trend in the buildings of Buenos Aires comment that the constructors and real estate agencies look for distinguished brands to open their businesses there, so to attract people to buy or rent in the building. As many specialists agree, it is not the same to have a “gourmet-like” café or a shop that sells delicatessen on the lower floor of your building that a business that sells fast-food. Clearly, the type of gastronomic business that opens in the lower floor of a building may attract or shoo new buyers or tenants of the apartments.

This idea of mixing the commercial and the residential areas in the same building is becoming really popular nowadays, and not just by installing gastronomic businesses on the lower floors. Some of the newest constructions are authorized to have apartments that work both as residencies and as commercial offices. So you could live in a building and your neighbour could have his/her office. Every day, this trend is becoming more and more popular in the City of Buenos Aires.

Still, every type of commercial business that want to be mixed with residences should be analyzed thoroughly, since, as we have mentioned, it could be good or bad for business.

This new fashion of mixing gastronomic businesses, or any type of commercial business (even small hotels) with residential apartments first appeared in the neighbourhoods of Puerto Madero and Retiro. Now, it has spread towards the neighbourhoods of Palermo, San Telmo, Belgrano and La Boca.

So, now you know. If you are looking for an apartment, you may find one in a building that has a gastronomic business that will provide your breakfasts or lunches when you don’t want to cook, without the need of having to walk many blocks to get what you want to drink/eat.