Photo of the Week: From Rags to Riches

Puerto Madero in Buenos Aires, Argentina is an innovative waterfront neighborhood with a rags to riches tale.
Enjoy the beauty and thriving culture of Buenos Aires, Argentina. Photo from Dreamstime
Enjoy the beauty and thriving culture of Buenos Aires, Argentina. Photo from Dreamstime

In the late 1990’s this once abandoned port in Buenos Aires, Argentina made the transition from decay and degradation to a center of wealth and innovation.

For newcomers, Puerto Madero – the waterfront in Buenos Aires – is sparkly and shiny and new, but for long-time residents, memories of abandoned buildings and degraded land-tracks aren’t all that distant. An urban renewal project that has attracted the attention of both national and foreign investments, Puerto Madero is now a thriving cultural center complete with luxury high-rises, state of the art cinemas, private universities, theaters, and fancy restaurants boasting 5-star international cuisine.