The Stelarhe real estate concept will have a height of 135.2 meters that aims to be the most innovative building in Mazatlán.
Mazatlán, a colonial city located on the beach, will receive an investment of 86 million dollars (the equivalent of 1,630 million pesos) to make the Stelarhe project a reality: a 135.2-meter high real estate concept that aims to be the most innovative building and top of the Sinaloan city located on Avenida del Mar.
“Today this project continues to be a challenge, we consider that Mazatlán is ready to seek a higher-level customer profile, in fact, I believe that these are the demands, and each time we are pleasantly surprised by what our visitors demand. It is about being reciprocal to what local and municipal governments and the Private Initiative have done to take Mazatlán to another level, ”explained Juan José Arellano Hernández, president of Grupo Arhe, explained in an interview.
Of the 86 million dollars of investment, 10 million dollars correspond to an investment fund and it is expected that in 36 months the building will be ready. The approximate price of the apartments ranges from $ 300,000 to $ 650,000 per apartment.
Likewise, the construction of Stelarhe will generate 500 direct and indirect jobs and will have 4 master penthouses, 4 junior penthouses, 194 apartments, 6 commercial premises, 67 parking spaces, and 7 motorcycles that together add up to 47,070.48 m2 of construction.
Sinaloa is expected to close in 2021 with up to 115,000 million pesos in private investment, with Mazatlán being the first place with the receipt of 43,841 million pesos, which represents 38.20%, according to estimates by Javier Lizárraga Mercado, Secretary of the Economy of the entity.
Mazatlán: an opportunity for private investment
Arellano Hernández specified that his new real estate project, rather than being a second version of the iconic Torre M (also located on Avenida del Mar), is about “contributing our grain of sand in this privileged moment that Mazatlán is experiencing. “
He also highlighted that national tourism from Torreón, Durango, Monterrey, and Chihuahua that experienced part of the pandemic in Mazatlán helped to generate expectations regarding the construction of Stelarhe.
The businessman reiterated that Mazatlán represents a great opportunity for private investment, both national and foreign, having opportunities such as the boardwalk, the soccer and baseball stadium, as well as the upcoming opening of the aquarium.
Given this, Grupo Arhe will focus on investments destined for Mazatlán for 2021.
“There are projects that we would like to undertake in Tijuana, the Riviera Maya and even in Cabo, but honestly right now we have to focus energy on this type of work that cannot allow an error and apart from the conditions because they are not necessarily in all places as they are. here in Mazatlán and the state ”.
The start of Stelarhe
During the laying of the first stone of the Stelarhe real estate project, the president of the Arhe Group assured that he will continue creating iconic projects that make Mazatlán shine, with the help of healthy competition that allows Sinaloa to become one of the most competitive entities.
“Tell you once again that I will not let you down and I will continue without giving up to change this paradigm, what is the paradigm? It shocks me, for not saying the right word when they say that this is not for Mazatlán. “
During the presentation of the project, his wife Rebeca Tirado García was present; Quirino Ordaz Coppel, Governor of Sinaloa; Luís Guillermo Benítez Torres, Mayor of Mazatlán ; Rossy Fuentes de Ordaz, president of the State DIF System and the lawyer, Juan Velázquez.
“Mazatlán is attracting international and national investors,” concluded Arellano Hernández.