Our History

Heritage and Time Line:

On this day in 1932, the constriction for SAFICO building began down town Buenos Aires. This project required the best team of professionals to achieve a dynamic infrastructure which would work as a Hotel, as well as Commercial Office and Housing.

A talented Swiss engineer called Walter Möll took the project under his wing. The aim was to defy gravity and build on Corrientes Avenue one of the tallest, most prominent and self-sufficient building from the early 30´s.

The engineer had to take into account Construction law regulations which have been in force since 1928. These regulations required that new constructions to be build a few feet behind the line of building to consider the subsequent widening of the street and sidewalks.These last, were finished in 1936, transforming Corrientes into a mayor Avenue. Moreover, the same regulations limited the height of the front of the building to about 132 feet. From this height on, the next 296 feet would be built stepped tower style. The project involved the company GEOPE, Compañía General de Obras Públicas, S.A., which was responsible for completing the concrete, masonry, plaster and roofs, as well as sanitary facilities.

This same year, the famous Obelisk of Buenos Aires, a national historic monument intersecting 9 de Julio and Corrientes Avenue was erected to commemorate the fourth centenary of the first foundation of the city. Safico's foundations were poured on October 31st, 1932. The skeleton was finished on May 25th, 1933. Over all, this first stage took 160 days, following the completion of the skyscraper in record time. Even today, this kind of performance is considered an ambitiously time line for such a majestic structure, considering circumstances in the 30's and the high complexity and quality of the job.

In addition, floor nro.23, 24 and 25, the highest floors of the building, where left as single apartments, making them the first "triplex" in the country. Back in time, one apartment was loaned out to the famous Chilean writer Pablo Neruda, during his stay in Argentina as Consul. He is known as one of the greatest romantic Latin American poets of the twenties century.

The SAFICO building is a great representation for the Rationalist architecture and Art Deco era. It was completed on September 8th, 1933. By the time, it had already become the tallest building for housing in the country. Still today, it is a spectacular addition to the city views of Buenos Aires, reflection of unprecedented quality, design and great comfort. It has become the subject of study for Engineering and Architecture Schools all around the world.