Begins the construction of the first stage of Grupo Argos' Ciudad Mallorquín project in Puerto Colombia

• This is a project of Grupo Argos’ Urban Development Business that promotes a new inclusive and sustainable development, strategically located in one of the main development areas of Puerto Colombia.
• Ciudad Mallorquín will be a residential project projected in an area of ​​53 hectares, will generate more than 2,000 jobs per year in the first stage of construction and will represent investments of more than COP 64,000 million in urban planning.
• Construction companies such as Amarillo, Colpatria, Constructora Bolívar, Marval and Conaco will participate in the development of the housing projects, who for the first time will be investing in this municipality of Atlántico.

With the presence of the Minister of Housing, Jonathan Malagón, this Friday the symbolic act of first stone was held and marked the beginning of the construction of the Ciudad Mallorquín project, an initiative of the Grupo Argos Urban Development Business that promotes a new inclusive and sustainable development in one of the main areas of the municipality of Puerto Colombia.

Grupo Argos will invest COP 64,000 million in the urbanization of this project, which in total could represent joint investments for COP 800,000 million, a relevant boost to the economic reactivation in the region. Additionally, it is estimated that the project will generate more than two thousand jobs per year in its first stage of construction and that it will contribute COP 6,000 million each year in property, income that will continue to contribute to improving the well-being of thousands of Atlántico residents.

Ciudad Mallorquín was born from the conviction that it is possible to develop inclusive housing projects in harmony with nature. This new residential community will have 4.5 hectares of parks and green areas, consolidating the largest urban park in the area. The project will also be complemented with four kilometers of cycle routes and 11,000 m2 of platforms and new routes for the use of bicycles and other sustainable ways of transport.

“Ciudad Mallorquín is a commitment of Grupo Argos for Barranquilla that is supported by more than 20 years of experience helping to positively transform the city through our urban development business. This project will be developed under the highest urban standards where citizens will be able to coexist in harmony with the environment. ”
Jorge Mario Velásquez – President of Grupo Argos

“Ciudad Mallorquín is supported by more than 20 years of experience that we have positively transforming the municipality with the conviction of turning it, hand in hand with the public sector, into an urban benchmark. This project will build a territory that transcends, is inclusive and where citizens will be able to coexist in harmony with the environment. ”
María Clara Aristizábal – Manager of the Urban Development Business – Grupo Argos

“Large projects continue to be carried out in the municipality of Puerto Colombia. Together with Grupo Argos, we have been working on different projects that are generators of transformation, development and great social impact, and Ciudad Mallorquín, a project that promotes a new inclusive and sustainable urban development, is proof of this. We will continue working together in order to continue contributing to the social welfare of the population. ”
Wilman Vargas Altahona – Mayor of the municipality of Puerto Colombia

Five of the most important construction companies in the country will participate in this initiative, with extensive experience in this type of project and extensive knowledge in the urban development of communities. These are: Constructora Bolívar, Marval, Constructora Conaco, Amarilo and Constructora Colpatria, who for the first time would be investing in the municipality of Puerto Colombia.