Real estate projects drive urban expansion in Playa del Carmen; sector sees vertical growth as viable

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The local real estate sector anticipates a new phase of urban expansion in the municipality following the boost from residential, commercial, and industrial developments and the update to the Urban Development Program (PDU), which envisions greater densification and vertical growth, reported Eduardo Torre Lima, founding partner of the firm Antar.

During the presentation of a business collaboration focused on the real estate market, the businessman explained that the comprehensive project, called “Real Estate 360,” aims to encompass diverse buyer profiles and investment needs within the municipality, from housing to productive spaces.

According to Torre Lima, the proposal includes a commercial plaza, residential lots, housing, and an industrial park, which would expand the options for residents, investors, and companies interested in establishing themselves in the city.

The developer noted that Playa del Carmen’s urban growth has maintained a steady pace in recent years, accompanied by an appreciation in property values ​​that, he asserted, is among the highest in the country.

In this context, he considered that the updated PDU opens the door to new urban configurations, particularly to taller buildings.

“Vertical growth is highly viable; the municipality is well-planned and has the infrastructure to support it,” he stated.

As part of the planned developments, he highlighted the construction of a business tower called Business Center Quetzal, located across from an existing complex of the same firm. This tower would form part of a consolidating corporate corridor within the city.

The businessman indicated that real estate diversification responds both to housing demand and the increase in companies seeking to establish operations in the tourist destination, a phenomenon that has driven the need for commercial and logistics spaces.

He added that the proposal aims to generate economic benefits for the municipality by expanding construction activity, attracting private investment, and strengthening the job market linked to urban development.

Furthermore, he pointed out that real estate growth is not limited to specific areas but extends to different parts of the municipality due to population growth and the continuous arrival of new national and international residents.

Finally, Torre Lima affirmed that the projects currently in development are part of a strategy to consolidate Playa del Carmen as a regional investment hub within the Riviera Maya, in a context where urban planning and infrastructure will be key factors in sustaining the pace of expansion.

The real estate sector anticipates that, as the Urban Development Plan (PDU) update progresses, new density and land use parameters will be defined to guide the city’s urban development in the coming years.

Playa del Carmen mantiene una de las plusvalías más altas del país, aseguran desarrolladores.

Source: quintanaroo.heraldodemexico