Background on Canadevi and its Relevance
Canadevi, a prominent housing developer in Puebla, Mexico, has recently expressed its readiness to invest in building homes for a new economic development zone in the AUDI area. The organization, led by its newly appointed president José Alberto de la Llave Lara, aims to contribute to the goal of constructing 1,000 houses in this region.
New Polo de Desarrollo Económico para el Bienestar in San José Chiapa
The new Polo de Desarrollo Económico para el Bienestar is planned in San José Chiapa, home to the AUDI plant. This initiative by the state government seeks to attract both national and foreign investments, presenting a business opportunity for Canadevi’s partners.
Housing Investment and its Importance
De la Llave Lara emphasized that the housing sector will actively participate in government-led housing programs to increase the supply. He also mentioned that they will decentralize their primary market of Puebla and its conurbated municipalities, where economic activity is most vibrant.
The new industrial arrival in San José Chiapa implies a long-term need for housing for workers and their families. Despite this being a medium to long-term prospect, developers are keen on generating new land reserves to launch projects.
State Government’s Investment
The state government, under Alejandro Armenta, plans to invest 300 million pesos in building the 1,000 houses in San José Chiapa. This investment is seen as positive, and Canadevi hopes it will be included in their plans.
This year, Canadevi’s members project building 7,500 homes, which is significantly lower than the 10,000 constructed annually since 2021. This number is also far from their annual target of 15,000.
Maintaining Social Housing and Expanding Other Markets
De la Llave Lara stressed the importance of preserving social housing construction while urging authorities to generate more land reserves. This will ensure the continuity of social housing offerings.
Simultaneously, developers should capitalize on existing land reserves to create mid-range and residential projects. The arrival of more out-of-town families, driven by job opportunities, can stimulate growth in these markets.
The housing sector requires at least 120 hectares of land reserves for the next six years to sustain social housing construction. To meet Puebla’s annual demand of approximately 20,000 homes, continuous efforts are necessary.
Key Questions and Answers
- What is Canadevi and its role in Puebla’s housing market? Canadevi is a significant housing developer in Puebla, Mexico. Under the leadership of José Alberto de la Llave Lara, it aims to contribute to building 1,000 homes in a new economic development zone.
- Why is the state government investing in this housing project? The state government, led by Alejandro Armenta, aims to attract both national and foreign investments in the AUDI area by creating a new Polo de Desarrollo Económico para el Bienestar. This initiative presents a business opportunity for Canadevi’s partners.
- How will this housing project benefit the local community? The construction of 1,000 homes will provide housing for workers and their families as industries arrive in San José Chiapa. It will also help maintain social housing construction and stimulate growth in mid-range and residential projects.
- What are the challenges faced by the housing sector in Puebla? The housing sector faces challenges such as limited land reserves and the need to construct around 20,000 homes annually to meet Puebla’s demand. They also aim to balance social housing construction with other market segments.
