"The most important urban development program in the central area of the City of Buenos Aires" - CAPMSA
Puerto Madero is a joint redevelopment project of the state government of Argentina and the Autonomous City of Buenos Aires according to Puerto Madero’s website. The two entities struck an agreement in 1989 to redevelop the port under the authority of a private company owned by the state, The Corporacion Antiguo Puerto Madero S.A. (CAPMSA). The two selected a total of 170 acres of port land to urbanize. One of the principal goals of the project was to reconnect the city to the waterfront as the unused port severed any visual connection with the world’s largest estuary. The CAPMSA wanted to rescue the underutilized waterfront taking advantage of the prime location adjacent to the historic center of the city while adding public recreation areas to the city.
The development aimed to capture the history and heritage of the original port that closed some 50 years before the formation of the CAPMSA. The brick warehouses were protected and put to new uses under legislation from the government. In addition to the 16 brick warehouses, other architectural elements found in the site were preserved to reinforce the site’s identity and sense of place. Another aspect of the project that aimed to pay homage to the history of the city was the names selected for parks and roads. Roads and parks were named after important woman in the history the city and country. The vast Mujeres Argentinas Park, translated to Argentine Women Park, is one example of this attempt to create a heritage for the site.