This Friday will take place the private presentation of one of those emblematic and promising projects. In a brief statement, the Fondo de Valores Inmobiliarios the media that it will announce the “Bulevar Sucre Project” in El Hatillo.

This initiative was born from the interest of contributing to turn El Hatillo into an outstanding tourist destination. Paseo El Hatillo will be integrated through a boulevard –harmoniously– with the attractive and welcoming town of El Hatillo, for your fullest enjoyment.

Among other advantages, it is preliminarily known that the Paseo El Hatillo parking lot will become the main parking lot for tourists and visitors, conveniently freeing up spaces in the streets to the delight of the public and the citizens of Hatillo himself; which will also increase visits to the mall, to the benefit of business partners.

International media echo the good initiative and new expectations of economic growth for Venezuela

Horacio Velutini, CEO of the Fondo de Valores Inmobiliarios (FVI), within the framework of other announcements regarding the progressive economic recovery of Venezuela and the attractions that are emerging from the point of view of investments for the immediate coming years, of those that have been echoed by specialized international media such as Blomberglinea.com (which have generated good expectations), advanced:

“There is an ambitious project on the horizon: to turn Caracas into a “little Manhattan”, taking into account the Las Mercedes urbanization, where the FVI has an emblematic shopping center: the Tolón Fashion Mall; the aspiration is to develop and equip a boulevard that would bear the same name.

“The power of Las Mercedes as a commercial place is impressive.(…) Tolón is now 98 % occupied (even in a pandemic), it is extremely attractive for visitors,” he said, explaining that “the boulevard will allow people to walk around the area and enter on foot.”

Velutini clarifies: “All the spaces that will be created will be for the benefit of the passerby, we are not adding square meters to what is ours, it is something that we are donating to the city.”

The project has already been completed and presented to local authorities, from which the FVI is awaiting authorization to start the works.

And this sort of “Creole Fifth Avenue”, which will be baptized as Boulevard Tolón, will have its SoHo some 13 kilometers away, in the town of El Hatillo, where the FVI has another of its shopping centers, Paseo El Hatillo. This is Bulevar Sucre, the other project that the FVI aspires to implement soon.

“El Hatillo, in itself, is becoming a destination for Caracas, so we are betting to expand the operation in Las Mercedes, with Tolón Boulevard, and in El Hatillo, with Sucre Boulevard,” details Velutini, who pointed out that give it that name because it is the same as an adjoining square.

“I think that Venezuela has already started growth and, in my opinion, in the next 5 years we are going to see more asymmetric growth in terms of revenues, as well as in revenues, with respect to a fall that was practically like reaching zero, but when you get there at an income of 1 and you go up to 2, it turns out that you grew 100 %. That is why Venezuela is going to offer important variations,” said Velutini, who estimates that the FVI will fivefold its income over the next 5 years in Venezuela.

G. Febres

With information from Blomberglinea, El Sumario and FVI

La entrada Two new boulevards for El Hatillo and Las Mercedes would produce a qualitative leap for tourism and citizens apareció primero en Bitfinance.