New mixed real estate developments take hold in Querétaro
El Economista | March 06, 2023 |

Given the geographical location of Querétaro and its proximity to the country's capital, it is viewed as an entity with characteristics for the development of new mixed real estate projects.

Wolstrat, a real estate developer, is preparing the construction of new mixed projects in the state that in total will represent investments of 1.3 billion pesos, according to the firm's director, Juan Carlos Alfonso.

Of interest: Solili offices report February 2023, demand grows 60% compared to the same two-month period of 2022

Two projects representing 500 million pesos will be built in Lomas del Campanario. To which is added one more development in the vicinity of Juriquilla, where capital of 800 million pesos is expected.

The project that is close to the residential area of El Campanario considers the construction of a commercial plaza, Xentric Lomas; together, the first stage of a development of four premium residential towers (Zöul Residences) is also planned.

The plaza is projected to be completed at the beginning of 2025 and the first residential tower at the end of the same year.

Another project, he explained, is the Xentric District in Juriquilla, where it is planned to build a commercial plaza, 20 office floors and a hotel that the developer has signed with Marriot.

Meanwhile, within a couple of months it is planned to deliver the shopping plaza called Xentric Mirador, in El Marqués.

Check here: New offices in Querétaro opens We Build

The proximity of Querétaro to the capital of the country, as well as positioning itself among the areas in constant development and legal certainty, are some of the elements that have influenced the developer to bet on undertaking projects in the entity, said the director of Wolstrat.

In the real estate market, he said, there is also a trend of people migrating from the country's capital to states like Querétaro. To a large extent, the developer added that people leaving Mexico City are looking for better living conditions.

In Solili you can check available offices available in Bernardo Quintana and Centro Sur

Original note

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