MarketAvenida Leandro N. Alem
Company Profile

Avenida Leandro N. Alem

Avenida Leandro N. Alem is one of the principal thoroughfares in Buenos Aires, Argentina, and a commercial nerve center of the city's San Nicolás and Retiro districts. It joins Avenida del Libertador and Avenida Paseo Colón, its northern and southern continuation respectively.

Overview
By way of a beautification effort, Viceroy Juan José de Vértiz y Salcedo had a two-lane street built along what was then the shores of the Río de la Plata. Marking the eastern end of the city, the thoroughfare was landscaped with cottonwood trees (alamos, in Spanish), and was thus inaugurated in 1780 as the Paseo de la Alameda. The paseo became a popular weekend promenade, and its contiguous shores an unofficial riverfront park popular with bathers until an 1809 edict banned the practice for reasons of "moral terpitude." The frontage remained flood-prone, and in 1846, Governor Juan Manuel de Rosas had a contention wall six blocks long built along the paseo. Inaugurated in March 1848 as the Paseo Encarnación Ezcurra (in honor of his wife), Rosas had it renamed the Paseo de Julio that October in honor of the Ninth of July, date of the Argentine Declaration of Independence (the road's southern half was renamed Paseo Colón, in honor of Christopher Columbus, in 1857). An English Argentine investor, Edward Taylor, opened a pier along the promenade in 1855, and the flood-control walls were extended northwards to Recoleta, and south to San Telmo, in subsequent works completed in 1865. Immigration in Argentina afterwards made the Paseo a veritable bazaar, in which Italian trattorias, French bistrots, German beer halls, and Greek restaurants operated alongside brothels and seedy bars. The increasingly commercial desirability of the street, however, prompted the city to mandate in 1875 that all buildings along it be designed with porticos, a regulation still in force and one which forced the paseo's more precarious establishments to close. A sudden economic and population boom led the new President of Argentina, Julio Roca, to commission the development in 1881 of an ambitious port to supplement the recently developed facilities at La Boca, in Buenos Aires' southside. Approved by the Argentine Congress in 1882 and financed by the prominent London-based Barings Bank (the chief underwriter of Argentine bonds and investment, at the time), the project required the reclaiming of over 200 hectares (500 acres) of underwater land and was accompanied by the widening of the Paseo de Julio into a boulevard. These improvements were capped by the installation of a decorative fountain on the median, for which an Argentine student of Auguste Rodin's, Lola Mora, was commissioned. Unveiled in 1903, the Font of the Nereids sparked moralist outrage over its nude Venus, and the masterpiece was relocated to its present Puerto Madero site in 1918. ==Points of Interest==
Points of Interest
File:The Alas Building panorama.jpg|View of the avenue and the Alas Building File:Buenos Aires - Retiro - Av. Leandro N. Alem - 200807.jpg|Retiro Business District File:Leandro Alem 0033.jpg|Catalinas Norte File:Old & New Buildings in Buenos Aires.jpg|Bunge y Born headquarters File:Buenos Aires - Bolsa de Comercio.jpg|Stock Exchange File:SecretariaComunicaciones055.JPG|Central Post Office ==References==
tickerdossier.comtickerdossier.substack.com