Click here to close now.




















Welcome!

News Feed Item

Building Latin America: What Opportunities Developers Must Look Into



Fernando Teruya of FTA Design Studio, Inc., a solution provider at the marcus evans Latin Infrastructure and Property Development Summit 2014, on new development opportunities in Latin America

NEW YORK, NY, Apr 28, 2014 - (ACN Newswire) - "The growing middle class in Latin America needs services that may differ from what the more affluent communities enjoy, but many foreign investors are not even targeting the A- to C- market segments," according to Fernando Teruya, Founder & President, FTA Design Studio, Inc. "New infrastructure and property developments must appeal to them - this is where the new opportunities are. Some communities located between the trendy business centers and the peripheries have populations exceeding two million," he adds.

The award-winning FTA Design Studio is a solution provider at the marcus evans Latin Infrastructure and Property Development Summit 2014 in Panama City, Panama.

- What type of infrastructure and property developments are missing in Latin America today? What opportunities can developers take advantage of?

Population growth and urban sprawl are happening at a rapid pace, often faster than planning guidelines are established or permits issued. This uncontrolled growth is resulting in chaotic urban districts, usually in the periphery of the city centers.

By the year 2050, it is projected that 70 percent of the world's population will be living in urban areas. Today, 80 percent of Latin Americans already live in cities, 40 percent of them in slums. What is missing is the provision of the right services and access to those services for a large portion of the population.

The emerging middle class is the engine growth of the largest cities in Latin America. It is a big demographic ready for consumption and new services. People are seeking experiences minutes away from where they work or live, but the city's sub-standard infrastructure prevents efficient mobility. New mixed-use projects need to be built in the vicinity of those places. Developers must understand that a new demographic has emerged and that more sustainable projects that promote a synergy of uses 24/7 are the solution for the establishment of new urban cores. Foreign investors focus on central locations, targeting the high end of the market, but that is just a small fraction of the total population. The greatest base of the pyramid is located far from the traditional business center. That is where developers can find the most opportunities. These areas lack public places for integration. They are in need of places that promote the inclusion of different demographics, new urban cores, and settings that provide a unique experience and a sense of identity to the surrounding communities. When the suitable mix of uses is leveraged by sensitive planning, good design, and are easily accessible by public transportation and highways, they can be very successful. Sometimes they benefit from a public-private partnership approach resulting in invaluable environments for the community.

- What trends should developers prepare for?

Traditionally, successful developments in Latin America have been that of seclusion, gated communities and restricted accessibility, which have created big islands within the city. They make traffic and congestion worse because they increase traveling distances, and they do not help promote integration. Whether in a mixed-use complex or in a planned community, we promote the establishment of true city connections that capitalize on vehicular and pedestrian traffic. Fewer barriers, more transit-oriented developments, and projects that have taken controlled traffic patterns into consideration create vibrant destinations.

Investors must keep an open eye for new opportunities. There will always be places that are unattended, that are diamonds in the rough. As long as they seek to create connections within the city, there will always be opportunities for new synergies of uses. What we need to keep doing is finding new ways of putting things together to add value to a project.

About the Latin Infrastructure and Property Development Summit 2014

Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on assessing the opportunities for property development and growth, identifying the key markets for hospitality developments, risk management strategies and sustainable initiatives.

For more information please send an email to [email protected] or visit the event website at www.laipdsummit.com/FernandoTeruyaInterview

marcus evans group - property/engineering sector portal - http://www.marcusevans.com/reviews/engineering

Please note that the Summit is a closed business event and the number of participants strictly limited.

About FTA Design Studio

FTA DESIGN STUDIO is an Architecture, Urban Design and Planning firm committed to provide the highest quality of service and a total satisfaction to our clients. The firm was founded by J. Fernando Teruya, AIA, LEED AP in 2006. A Harvard graduate and former Principal of RTKL Dallas, Fernando provides over 25 years of unique experience in the design and planning of Mixed-Use developments, large Commercial spaces, and Urban Design projects. www.fernando-teruya.com.

About marcus evans Summits

marcus evans Summits are high level business forums for the world's leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings. For more information, please visit www.marcusevans.com.

- Twitter: www.twitter.com/meSummitsGlobal
- YouTube: www.youtube.com/user/MarcusEvansGroup
- SlideShare: www.slideshare.net/MarcusEvansSummits

Source: marcus evans Summits

Contact:
Sarin Kouyoumdjian-Gurunlian
Press Manager, marcus evans, Summits Division
Tel: +357 22 849 313
Email: [email protected]




Copyright 2014 ACN Newswire. All rights reserved.

More Stories By ACN Newswire

Copyright 2008 ACN Newswire. All rights reserved. Republication or redistribution of ACN Newswire content is expressly prohibited without the prior written consent of ACN Newswire. ACN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, discussed why containers should be paired with new architectural practices such as microservices rathe...
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Any Ops team trying to support a company in today’s cloud-connected world knows that a new way of thinking is required – one just as dramatic than the shift from Ops to DevOps. The diversity of modern operations requires teams to focus their impact on breadth vs. depth. In his session at DevOps Summit, Adam Serediuk, Director of Operations at xMatters, Inc., will discuss the strategic requirements of evolving from Ops to DevOps, and why modern Operations has begun leveraging the “NoOps” approa...
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is designed for their business. In 2015, organizations such as United Airlines, Sony...
The Internet of Things is in the early stages of mainstream deployment but it promises to unlock value and rapidly transform how organizations manage, operationalize, and monetize their assets. IoT is a complex structure of hardware, sensors, applications, analytics and devices that need to be able to communicate geographically and across all functions. Once the data is collected from numerous endpoints, the challenge then becomes converting it into actionable insight.
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...
Amazon and Google have built software-defined data centers (SDDCs) that deliver massively scalable services with great efficiency. Yet, building SDDCs has proven to be a near impossibility for ‘normal’ companies without hyper-scale resources. In his session at 17th Cloud Expo, David Cauthron, founder and chief executive officer of Nimboxx, will discuss the evolution of virtualization (hardware, application, memory, storage) and how commodity / open source hyper converged infrastructure (HCI) so...
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, will provide the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” uses open source attack tools that are free and available for download by anybody. Attendees will learn where to find and how to operate these tools for the purpose of testing their own IT infrastructu...
The web app is agile. The REST API is agile. The testing and planning are agile. But alas, data infrastructures certainly are not. Once an application matures, changing the shape or indexing scheme of data often forces at best a top down planning exercise and at worst includes schema changes that force downtime. The time has come for a new approach that fundamentally advances the agility of distributed data infrastructures. Come learn about a new solution to the problems faced by software organ...
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...