Smart districts or small cities, projects that prevail in Mérida
Solili | June 08, 2021 |

Smart districts or urban complexes that host a diversity of services is the trend that is gaining followers among Merida's developers. Macrolotes designed with first-rate urban infrastructure, achieve a sustainable real estate concept through full integration with the nature of Yucatan.

This model of small planned cities has become attractive among those who seek a better quality of life, since they contemplate areas where to live, work, exercise, shopping malls and green areas; plus there is no need for large transfers.

As an example, three major developments are cited that offer a wide range of products to complete the offer to meet the needs of new local and foreign buyers, which make up a population of almost one million people in the capital.

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Mérida Futura Smart District, establishes a master plan where they will give life to an iconic mixed-use tower with offices, a town center, hotel, health center and lots for residential use for rent or sale; all located in a central park of 16 thousand square meters. Plot sizes range from 3,000 to 28,000 square meters.

Capitol Urban District, contemplates 31 macrolots of 3,000 to 9,000 square meters in 3 large areas or campus, destined to the construction of spaces for shops, services and offices. This district includes more than 50 thousand square meters in different lots for corporate use.

Paxifica City, is conceptualized in three stages and will exhibit a 43-hectare linear park that will run through the complex and will be the backbone of the development. At present, the first cluster with the sale of land for residential use and mixed uses called Fundadores is being marketed, but in the future the sale of the following stages of development will be opened. Its strategic location will allow it to have good connectivity with the city of Mérida, since it is located northeast of the city.

Both Mérida Futura and Capitol Distrito Urbano are located in the Cabo Norte submarket, which has greater potential for future growth in the real estate field, especially the corporate one.

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Currently 8 projects class A and B are in the construction stage, the offer is sold almost entirely for sale, with office sizes from 20 to 1,400 square meters per floor. A predominant feature is that the developments will be mostly low body.

The corporate market in Mérida as of May 2021, has an inventory of class A corporate buildings of 78 thousand square meters, in which the current availability exceeds 14 thousand square meters and a large part of the offer is in the Montejo submarket.

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