Industrial

Commercial and industrial growth in 1905, the population of Medellin was around 59,815 inhabitants, and properties by 1951 had 358,189. Put another way, in the first half of the twentieth century, the number of inhabitants of Medellin rose sixfold, demonstrating the powerful attraction exerted by the city on the inhabitants of other regions of the department. Nineteenth-century trade, based on gold, soon joined him for coffee, thanks to the Ferrocarril de Antioquia. The War of the Thousand Days (1899-1902), which closed the nineteenth century with a bitter national dispute between the two traditional realty parties-the liberal and conservative, was a temporary stop to the development of the city and country general.Then, thanks to measures taken by President Rafael Reyes, after the conflict, the industry flourished in Medellin and in any other city in Colombia. In order to exploit the environment for national reconstruction, created by the government of kings, a group of leading businessmen from the city gestated in 1904, the creation of the Chamber of Commerce of Medellin, whose role in local economic development has been crucial. In some ways, the history of the club has also been the history of commerce and industry of the city and region.At birth, the city’s economic addressed, for example, issues such property as Antioquia railway construction, transportation of commercial products on the Magdalena River, speedier mail service (which at that time experiencing distressing delays) and coordination of other activities such as coinage, the export of gold and the study of bills submitted to Congress and affected commercial and homes for sale industrial activity in the region. The first concern of investors should be risk factor, according to modus operandi is extreme attention to demographic and psychographic analysis Railway Station. While it is true that gold was a critical column in the initial progress of Medellin, coffee was the vocation of the region and the booms of grain prices in the international market which extended the purchasing power of a realtors large proportion of the population due to the amount of labor required and the fact that its activity is mainly in smallholdings. At house for sale the same time there emerged a class of merchants and entrepreneurs who real residential later gave impetus to the first industries.Thanks to coffee, also developed communication channels that have, in turn, expand regional real commercial economic frontier. in Antioquia Industrialization realtor began in the first 30 years of the twentieth century experiments with manufacturing, mainly in textiles. Its promoters were businessmen whose wealth came from mining and trade in colonial times. Initially gave rise to national light industry, comprised of major manufacturers of glass, textiles, food and beverages, among others. After the 1930 wine import substitution and Medellin was placed at the forefront of the domestic textile industry. Many companies were established during the first 30 years of the twentieth century, and many of them continue to work to date, along with their original real agent names or with some modifications.However, given the pressures of so-called new economy and open economy, the regional industry lost national participation and entered a period of adjustment. For its part, real buying the coal mines in Amager, in the southwest nearby, and later provided hydroelectric power necessary for these large companies operate, while electric motors fueled by small industries. Specifically, the Antioquia railroad challenged the mountainous geography of the region to fetch and carry goods to Puerto realestate Berrio and from this town, along the Magdalena River, real sale Colombia’s main waterway. It was an ambitious work of transport, which began in 1875, now only in memories. Similarly, experience and capital accumulated during property management the nineteenth century gave the impetus to this great economic and social transformation that the fall of the New York Stock Exchange in 1929, pulled real property by two or three real listings years.The securities of these new companies, which were corporations began to buy and sell, and thus began the stock market in Colombia. For these same years, in 1932, opened the airport in Medellin Enrique Olaya Herrera. “

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