Parques Polanco
A mixed-use commercial, residential, and office development in the Nuevo Polanco area of Mexico City.
Last updated August 24, 2026
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Overview
Parques Polanco is a 16,924-square-metre mixed-use development in Mexico City, located at Lago Alberto 320 in Colonia Granada, an area associated with the transformation of Nuevo Polanco into a major residential, commercial, and business district. The project combines apartment buildings, retail and service facilities, office space, and a central landscaped park. The development occupies the former site of the Fábricas Automex/Lago Alberto assembly facility, a Chrysler-related automobile manufacturing plant. Its redevelopment reflects the broader conversion of former industrial land in the Polanco and Granada area into higher-density mixed-use real estate. Rather than functioning as a single-purpose shopping center, Parques Polanco brings together housing, commercial services, leisure facilities, and large-scale office infrastructure within one planned complex. The residential component was developed in several phases. Phase I comprised five apartment complexes designed by Higuera + Sánchez, A5 Arquitectura, TEN Arquitectos, and KMD México. Phase II added two towers designed by Edmonds Internacional, while Phases III and IV included two further towers designed by Arditti Arquitectos. The range of architectural firms and the phased construction approach give the development a varied built form rather than a single uniform residential block. Parques Polanco's commercial area includes banks, restaurants, shops, and a large Sport City gym. These facilities serve both residents and the surrounding Nuevo Polanco community. A central park, designed by landscape architect Kees van Rooij, provides the project's principal public and recreational open space. The park received the AMDI 2010 award in the landscape architecture category, according to the reference material. The complex also includes or was planned to include a substantial office element: a 32-story BBVA Bancomer back-office building with a stated height of approximately 137 metres. The development received second place in the commercial and mixed-use category of the XVIII Premio Obras Cemex awards. Parques Polanco is a project of Abilia, which is part of Tresalia Capital, the Mexican investment group associated with María Asunción Aramburuzabala. Available reference material does not establish a separate legal entity, a founding year, a current website, or detailed operating metrics for the development.
History
Parques Polanco was created through the redevelopment of the former Fábricas Automex/Lago Alberto assembly plant site in Mexico City. The industrial property stood in the area now associated with Nuevo Polanco, where former manufacturing and warehouse sites were converted into residential, commercial, and business uses. The project therefore forms part of a wider urban transformation rather than representing a newly built development on previously undeveloped land. The development was organized into multiple construction phases. Its first phase delivered five apartment complexes designed by Higuera + Sánchez, A5 Arquitectura, TEN Arquitectos, and KMD México. The use of several architectural practices produced a collection of residential buildings with differing design approaches. A second phase added two towers by Edmonds Internacional, followed by two additional towers in Phases III and IV designed by Arditti Arquitectos. Alongside the residential buildings, Parques Polanco incorporated a retail and service area with banks, restaurants, shops, and a large Sport City gym. This commercial component supports the development's mixed-use model by providing everyday services and leisure facilities for residents and nearby workers. The project also includes a central park designed by Kees van Rooij. The park is a defining landscape element and received the AMDI 2010 award in the landscape architecture category. The office dimension of the project included a 32-story BBVA Bancomer back-office building, described in the reference material as being under construction at the time of the cited account. The building was specified at approximately 137 metres in height and added a major corporate-use element to the complex's residential and retail program. Parques Polanco received second place in the commercial and mixed-use category of the XVIII Premio Obras Cemex awards. The recognition reflects the project's architectural and development significance within Mexico's mixed-use real-estate sector. Ownership and development references identify Parques Polanco as a project of Abilia, which forms part of Tresalia Capital. The available material does not provide a definitive opening date, a complete construction chronology, details of later alterations, or verified information about the current ownership structure beyond that group affiliation.
- 2010
Landscape architecture recognition
[1]The central park designed by Kees van Rooij received the AMDI 2010 award in the landscape architecture category.
Redevelopment of the former Automex assembly site
[1]The former Fábricas Automex/Lago Alberto assembly plant site was redeveloped into the Parques Polanco mixed-use complex in the Nuevo Polanco area of Mexico City.
Phased residential development
[1]Parques Polanco expanded through four phases comprising apartment complexes and towers designed by Higuera + Sánchez, A5 Arquitectura, TEN Arquitectos, KMD México, Edmonds Internacional, and Arditti Arquitectos.
Premio Obras Cemex recognition
[1]The complex received second place in the commercial and mixed-use category of the XVIII Premio Obras Cemex awards.
Products and positioning
A phased, architecturally designed mixed-use development integrating housing, retail, services, leisure facilities, office infrastructure, and a central park within the Nuevo Polanco urban redevelopment area.
Residential real estate
Residential apartment complexes
The residential component consists of several apartment complexes and towers delivered through four development phases. Phase I included five apartment complexes, while later phases added further towers. The buildings were designed by multiple Mexican and international architecture practices, including Higuera + Sánchez, A5 Arquitectura, TEN Arquitectos, KMD México, Edmonds Internacional, and Arditti Arquitectos.
Commercial real estate
Retail and service area
The commercial portion of Parques Polanco brings together banks, restaurants, shops, and other services within the mixed-use complex. It is designed to serve residents, office users, and the surrounding Nuevo Polanco community rather than operate solely as a standalone retail destination.
Landscape and public space
Central park
The central park is the principal landscaped open-space element of Parques Polanco. Designed by Kees van Rooij, it provides recreational and communal space within the dense mixed-use development and received the AMDI 2010 award in the landscape architecture category.
Office real estate
BBVA Bancomer back-office building
The project includes a 32-story office building associated with BBVA Bancomer. The reference material describes the tower as approximately 137 metres tall and under construction at the time of the cited account, adding a major corporate office component to Parques Polanco.
Sources1 sources
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