Commercial 

Commercial infrastructure and real-estate development projects, among which we include tourism infrastructure, are also believed to contribute to the gradual recovery of the construction sector. JLL, a firm specialized in real estate sector consulting services, predicts that as a result of the Energy Reform alone, a 120,000m2 of retail space, 500,000m2 of office space, and 3,600 hotel rooms could be built in Mexico over the  coming four years. While the consistent drop in oil prices has tarnished this positive outlook, this has not impeded a shift in construction trends where multipurpose real-estate developments and green construction projects continue to rise in numbers.

Tourism infrastructure is also experiencing renewed interest, with the NPI 2014-2018 dedicating 83 projects valued at MX$181,242 billion to developing tourism infrastructure such as hotels, museums, and boulevards. With ecological tourism booming, construction trends in the lodging sector are moving towards more sustainable, green alternatives, thereby offering a wealth of opportunities to companies active in this sector.

This chapter provides an overview of the most significant commercial infrastructure projects currently under development in Mexico, as well as insights into the sub-sector by industry leaders, such as construction companies, real estate developers, and architectural firms.

HIGHLIGHTS OF CHAPTER 5

  • Futuristic megamalls
  • Sustainable tourist infrastructure development
  • Multipurpose infrastructure
  • Revitalized cultural space
  • Educational Infrastructure