© Martin Morrell
Founded by Spanish conquistador Pedro de Mendoza in 1536, this city on the banks of the Río de la Plata once considered itself part of Europe. Here, in the “Paris of the Pampas,” Beaux-Arts mansions and formal squares with heroic statues line the streets. The city’s grand
old European architecture belies a fresh new attitude: tango halls have gone groovy, with DJ’s spinning hiphop versions of 1920’s ballads. The gritty port of Puerto Madero Este has been gentrified, its 19th-century warehouses and grain elevators now flanked by a Santiago Calatrava footbridge and Philippe Starck hotel. Once working-class zones, Palermo Viejo, Palermo Soho, and Palermo Hollywood are now filled with cutting-edge boutiques. And while the recession spells a rocky economy for locals, the peso devaluation means that the tourist dollar goes far.
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