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
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
SYS-CON Events announced today that China Unicom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE F...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...