With 160,000 sqm, MUT is Chile’s first urban market and will be the meeting point of many different communities from around the city.
The project will be developed on the northeastern corner of Vespucio intersecting with Presidente Riesco. This represents another step towards Territoria’s purpose of generating a positive impact on people’s lives, with another strategic location in Santiago.
The agreement includes the extension of the Tobalaba Metro station, which has the highest circulation of passengers in the city, with new spaces and access points.
Territoria begins the development of MUT, Chile’s largest mixed-use project. Located on the main Avenida Apoquindo intersecting with El Bosque Norte, in Santiago’s main financial district. It is the evolution of the original market concept, a new category of mixed-use project focused on sustainability, as well as commercial and cultural exchange, that seeks to improve people’s quality of life.
ADIA, Abu Dhabi’s sovereign fund, partners with Territoria in the development of the Mercado Urbano Tobalaba project. ADIA is the world’s 3rd largest sovereign fund and manages assets worth US$900 billion globally.
Territoria receives an award for excellence on behalf of the Urban Land Institute (ULI) for the Isidora 3000 project. ULI is the oldest and largest network of cross-disciplinary real estate and land use experts in the world and has over 45,000 members globally.
The Territoria group acquire the first site for what will eventually be Mercado Urbano Tobalaba, with an investment of US$ 500 million.
Territoria builds and operates this Hotel in San Pedro de Atacama until 2009. It was built in harmony with the culture and traditions of the desert’s indigenous people.
Ignacio Salazar and Francisco Rencoret found Territoria to develop spaces that have a positive impact on people’s lives.
No man is an island. We are a species that depend on each other. We are united by invisible bonds. Not just the bonds between people, but also with our surroundings and ecosystems.
These links are what create community.
Our shared experience of urban life.