Looking at you from Playa Ancha, beautiful port! Hige-rise building, land rent and urban extractivism in Valparaíso (1991-2017)

Abstract

In this article, research results related to high-rise buildings in the Valparaíso district are presented. The built area, its quantity, location and the income obtained according to the temporalities and spaces of the city (hills and downtown) are shown in the findings. It is proposed that this form of housing production is typical of extractivist logics and is linked to modifications made in urban planning instruments. Consequently, the results presented allow us to recognize three cycles in the production of high-rise buildings in Valparaíso: Beginning (1996-2001), intensification (2002-2010) and consolidation (2011-2017). Together, these cycles account for the diversity of real estate production strategies observed within the city. Likewise, it is established that the average income obtained by real estate companies triples the capitalization of those who obtain rent by selling the land.