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
Regardless of what business you’re in, it’s increasingly a software-driven business. Consumers’ rising expectations for connected digital and physical experiences are driving what some are calling the "Customer Experience Challenge.” In his session at @DevOpsSummit at 20th Cloud Expo, Marco Morales, Director of Global Solutions at CollabNet, will discuss how organizations are increasingly adopting a discipline of Value Stream Mapping to ensure that the software they are producing is poised to o...
This talk centers around how to automate best practices in a multi-/hybrid-cloud world based on our work with customers like GE, Discovery Communications and Fannie Mae. Today’s enterprises are reaping the benefits of cloud computing, but also discovering many risks and challenges. In the age of DevOps and the decentralization of IT, it’s easy to over-provision resources, forget that instances are running, or unintentionally expose vulnerabilities.
In order to meet the rapidly changing demands of today’s customers, companies are continually forced to redefine their business strategies in order to meet these needs, stay relevant and continue to see profitable growth. IoT deployment and development is integral in this transformation, and today businesses are increasingly seeing the value of investing their resources into IoT deployments. These technologies are able increase ROI through projects such as connecting supply chains or enabling sm...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
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.
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, will motivate why realizing the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insigh...
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developers ...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, w...