With a growing population of more than 300,000, the Puerto Vallarta – Bahía de Banderas conurbation is one of the most important tourist destinations in the country. The region’s population boom also means that the economy has diversified to respond to its residents, who are part of an increasingly broad social fabric, with needs and demands that go beyond those of the tourist.
These changes have given rise to investors from different sectors, such as industry and commerce, who choose this area to establish their new businesses, which include shops, customer service centers, distribution points and even production facilities.
As we did in the May edition, in this article we highlight four areas that offer different areas of opportunity for investment or entrepreneurial ventures.
Avenida Francisco Villa
Although Boulevard Francisco Medina Ascencio is Puerto Vallarta’s main artery, Avenida Francisco Villa is the city’s commercial route par excellence. Along its nearly two-mile length, starting at the Municipal Stadium and ending at the entrance of El Pitillal, “Pancho Villa” (as it is popularly known) passes through several neighborhoods, including Versalles, Fluvial, Aralias, Los Sauces, Los Mangos, Las Gaviotas and Ex Haciendas, among others.
This location and its socio-economically varied surroundings are extremely interesting and strategic because of the wide range of possibilities for establishing various kinds of businesses, such as small grocery and household goods stores, large pharmacies, mechanical, technological and auto parts shops and services, coffee shops, local and franchise restaurants, offices (SAT, SEAPAL and PROFECO), banks and large areas including educational centers, health centers and shopping centers such as Costco, Macroplaza and Soriana Pitillal.
It stands out for its suburban area, varied socio-economic level (medium and medium-high), constant vehicular and pedestrian traffic, local clientele, accessibility, road connections and wide variety of business and services.
Avenida Prisciliano Sánchez
As an auxiliary route connecting Boulevard Francisco Medina Ascencio with El Pitillal, this street passes several developments and has become a juncture for newer streets, such as Avenida Grandes Lagos and Avenida México/Mezquite.
In the immediate vicinity of its approximately 1.25 miles (starting from Sam’s Club), assorted businesses have been established, thanks to the growth of the population and its increased traffic. Of great interest are the areas that adjoin Prisciliano Sánchez, including API, where cruise ships arrive with thousands of tourists, neighborhoods with strong purchasing power such as Las Moras and Entre Ríos, as well as areas with a considerable middle class, including Vallarta 500, Vallarta 750, Arboledas, Portales and, of course, El Pitillal.
The variety of businesses and shops reflects this diversity. Here you will find convenience stores, pharmacies, small shops, shopping plazas such as Centro City and mini-plazas. In addition, several vacant lots are well suited to building new commercial buildings.
It stands out for its accessibility, road connections, constant vehicular traffic, varied socio-economic level (high and medium), large lots and available spaces.
Vallarta · Nayarit is not known for its industrial activity; however, due to the increased and more immediate demand for products caused by the population explosion and the growth of suburban areas, more and more companies have decided to establish their distribution and production centers in the destination. Two areas stand out for their flourishing business and industrial facilities.
Carretera a Las Palmas (the stretch from Las Juntas to Ixtapa) could be considered the first area where businesses and industrial buildings came together, thanks to the strategic proximity to Carretera Tepic-Vallarta, the availability of large spaces and access to labor. A good example of this is the emergence of Paseo de la Industria, home to companies such as Bajo Cero and CEDIS of Grupo Sigma. The sales and distribution centers of large companies such as Lala, Nestlé, Bimbo and Cuauhtémoc-Moctezuma, among others, are also located along this route, as are several companies related to the oil industry and spare parts.
As a result of the expansion of towns in Bahía de Banderas (Mezcales, San Vicente and Jarretaderas), another industrial area that has emerged in recent years is the highway from Mezcales to San Vicente, where several distribution centers have been established, including Coca-Cola, which also handles the production of the Ciel brand for the region. And there are several lots on this road suited to the construction of large industrial buildings. It is an area of great interest because it is well connected to Carretera Tepic-Vallarta.
It stands out for its accessibility, road connections, strategic location for distribution and logistics, access to labor, ample lots and available spaces.