Puerto Madero, is a district of the Argentine capital, occupying a significant portion of the Rio de la Plata riverbank and representing the latest architectural trends in the city. We discovered it almost by accident and found it a pleasant place for strolling by the water. The area was originally a major dockland but it had become derelict over time.
In the 1990s, local and foreign investment led to a massive regeneration effort, recycling and refurbishing the old west side red brick warehouses into elegant houses, offices, lofts, private universities, luxurious hotels and restaurants. This is the area nearest downtown and the most accessible for visitors. The Buenos Aires Hilton, other hotels, state-of-the-art multiplex cinemas, theatres, cultural centres, and office and corporate buildings are located in the east side of the development. The neighbourhood's road network has been entirely rebuilt on the east side.
Today it is one of the trendiest boroughs in Buenos Aires, and has become the preferred address for a growing number of young professionals and retirees. Increasing property prices have also generated interest in the area as a destination for foreign buyers, particularly those in the market for premium investment properties.
The new 2 km Puerto Madero Tramway line serves the area, running parallel to Alicia Moreau de Justo Avenue (along the ward's western side) but this did not seem well used by either locals or tourists. We took a ride and were the only ones onboard. The neighbourhood is still not well-connected to the city's transit network. Few bus routes run through Puerto Madero, no subway line reaches it and there are currently no official plans to extend the subway network to the neighbourhood.
There are several minor tourist attractions here including the Uruguay Corvette, a ship built in England around 1877 and which served as part of the Argentine Navy for a number of years. Today the ship is a museum open to the public. The Sarmiento Frigate is also here (see another entry in this journal). The Puente de la Mujer (Woman’s Bridge) is a pedestrian bridge that connects each side of Puerto Madero. Visitors come to the Buequebus Terminal at the north end of the area, which is the terminal of the ferry company Buequebus and is used by travellers to go to Colonia and Montevideo in Uruguay.
While nothing exceptional, Puerto Madero is a nice place to walk along the water and there are ample benches all around if you want to just sit and relax and enjoy the nice day. There are many restaurants in Puerto Madero which cater to tourists - menus printed in English, outdoor seating, and higher prices. The outdoor seating is nice and the atmosphere is enjoyable but we thought the food was little different to other cheaper areas.