Uruguay Banados de Carrasco: US$1.25 Billion Megaproject
Uruguay Business Uruguay Banados de Carrasco: US$1.25 Billion Megaproject By Diego Fernández · July 25, 2026 · 5 min read Daily Brief The morning intel from across Latin America. The US$1.248 billion plan, backed by Argentine developer Eduardo Costantini, aims to build a new urban district with roughly 3,000 homes on the northeastern edge of Montevideo, but it must first navigate a complex approval process and mounting criticism from environmentalists. The Montevideo skyline at dusk; a US$1.25 billion megaproject is planned at nearby Banados de Carrasco.
- ▪Uruguay Business Uruguay Banados de Carrasco: US$1.25 Billion Megaproject By Diego Fernández · July 25, 2026 · 5 min read Daily Brief The morning intel from across Latin America.
- ▪The US$1.248 billion plan, backed by Argentine developer Eduardo Costantini, aims to build a new urban district with roughly 3,000 homes on the northeastern edge of Montevideo, but it must first navigate a complex approval process and mount
- ▪The Montevideo skyline at dusk; a US$1.25 billion megaproject is planned at nearby Banados de Carrasco.
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Uruguay Business Uruguay Banados de Carrasco: US$1.25 Billion Megaproject By Diego Fernández · July 25, 2026 · 5 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Uruguay · Business Key Facts —Total investment US$1.248 billion over a 15-year timeline —Developers Bislun S.A., involving Argentine developer Eduardo Costantini (Consultatio) and Uruguayan partners —Location and size 226-228 hectares in the Bañados de Carrasco wetlands, northeastern edge of Montevideo —Project scope Approximately 3,000 residential units, plus commercial, office, educational, and recreational spaces, and a metropolitan eco-park —Current status Pending municipal declaration of interest, land-use…
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