Le Parc Figueroa Alcorta
Encyclopedia
Le Parc Figueroa Alcorta is a residential complex comprised by the Alcorta and Cavia towers. The tallest one (Cavia) is 173m (567 ft) tall, and the Alcorta tower is 120m (394 ft) tall.

The towers were designed by the Lanuzzi studio and are under construction in the Palermo
Palermo, Buenos Aires
Palermo is a neighborhood, or barrio of the Argentine capital, Buenos Aires. It is located in the northeast of the city, bordering the barrios of Belgrano to the north, Almagro and Recoleta to the south, Villa Crespo and Colegiales to the west and the Río de la Plata river to the east. With a total...

 neighborhood of Buenos Aires
Buenos Aires
Buenos Aires is the capital and largest city of Argentina, and the second-largest metropolitan area in South America, after São Paulo. It is located on the western shore of the estuary of the Río de la Plata, on the southeastern coast of the South American continent...

, Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...

. The residential complex is the third of its type the Raghsa Group of Buenos Aires is developing in the city, after Le Parc Residential Tower
Le Parc tower
Le Parc Tower is a high-rise building located at the intersection of Avenida Cerviño and Fray Justo Santamaria de Oro in the neighborhood of Palermo in Buenos Aires, Argentina....

 (1995) and Le Parc Puerto Madero (2006). Raghsa has developed numerous commercial real estate projects in Buenos Aires, as well.

This complex is one in a series of such developments announced in major Argentine cities since the Argentine economy began to recover in 2003 from a serious financial crisis. Following their successful development of three residential towers in their Le Parc Puerto Madero project, Raghsa announced in 2006 the construction of two premier residential buildings on Buenos Aires' upscale Figueroa Alcorta Avenue
Figueroa Alcorta Avenue
Avenida Figueroa Alcorta is a major thoroughfare in Buenos Aires, Argentina, with a length of over along the city's northside.-History:The rapid northward growth of the city of Buenos Aires during the late nineteenth century was facilitated by plans for a number of boulevards in the area by Mayor...

.

Façade and engineering was provided by Obras Metálicas S. A.

The tallest tower in the complex, Cavia, was originally planned to be the tallest building in Buenos Aires
Buenos Aires
Buenos Aires is the capital and largest city of Argentina, and the second-largest metropolitan area in South America, after São Paulo. It is located on the western shore of the estuary of the Río de la Plata, on the southeastern coast of the South American continent...

, surpassing the previous proposed record-holder: Renoir II in Puerto Madero
Puerto Madero
Puerto Madero, also known within the urban planning community as the Puerto Madero Waterfront, is a barrio of the Argentine capital at Buenos Aires CBD, occupying a significant portion of the Río de la Plata riverbank and representing the latest architectural trends in the city of Buenos...

, with 171m (561 ft). Following this announcement, however, DYPSA, the developers of the Renoir
Renoir Towers
The Renoir Towers are two residential towers currently under development in the Puerto Madero neighborhood of Buenos Aires, Argentina....

 complex, decided to add one more level and extend Renoir II's height to 175m (574 ft). Should DYPSA complete Renoir II to these specifications, the Cavia Tower will be the tallest building in Buenos Aires
Buenos Aires
Buenos Aires is the capital and largest city of Argentina, and the second-largest metropolitan area in South America, after São Paulo. It is located on the western shore of the estuary of the Río de la Plata, on the southeastern coast of the South American continent...

 for just one year. Le Parc Figueroa Alcorta broke ground on the intersection of the Figueroa Alcorta Ave. and Cavia St. in 2006, joining the development of numerous competing projects, many of them scheduled for completion on or before 2010, the year of the Argentine Bicentennial
Argentina Bicentennial
The Argentina Bicentennial is a series of celebrations and observances celebrated on May 25, 2010, and throughout the year. They commemorated the 200th anniversary of the May Revolution, a sequence of historical events that led to the Viceroy Baltasar Hidalgo de Cisneros' being ousted from office...

.

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