Metropolitan restructuring and real estate dynamics: recent transformations in the Venda Nova Administrative Region of Belo Horizonte – State of Minas Gerais

Abstract

This study aims to evaluate the recent economic and spatial restructuring process implemented by the government in the North Section of the Metropolitan Region of Belo Horizonte and its influence on the real estate dynamics of the Venda Nova Administrative Region (VNAR). The strategic restructuring aims to diversify the industrial base of the region by attracting investments and creating technopoles. The purpose is to achieve greater integration and competitiveness of municipalities in the national and global scenarios. The study showed that interventions performed by the government include large public works of infrastructure and services support, influencing decisively the spatial transformation of VNAR, in Belo Horizonte, through an intense real estate appreciation and the gentrification of the space.