Seduvi Plans to Convert 12 Office Buildings into Residential Units

The Government of Mexico City proposes to convert 12 office buildings into housing as part of the Economic Reactivation Program 2022-2024.
Most of these future housing units will be in high-income areas, with six buildings in the Miguel Hidalgo district and three in the Cuauhtémoc district.

The conversion of spaces in the CDMX seeks to boost the local real estate market. Photo: Leonid Andronov.

06/10/2022

The Government of Mexico City, through the Ministry of Urban Development and Housing (Seduvi), has proposed converting 12 office buildings into residential units.

This plan is part of the 2022-2024 Economic Reactivation Program and aims to address the housing supply and demand in the city. It also seeks to encourage more developments to join this initiative, supporting urban regeneration and meeting the needs of the real estate market.

It is worth noting that the majority of these future residences will be located in high-income areas. Six of the buildings are situated in exclusive neighborhoods in the Miguel Hidalgo borough, where the apartments can cost up to 32 million pesos. Additionally, there are three more buildings in the Cuauhtémoc borough.

Read the full article (in Spanish).

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