# Modern Neighborhood Renovations Alonso & Crippa Renovate a Century-Old Brick Building in Argentina By Kalin Ned | Published 2018-04-19 | Art & Design Source: Trend Hunter, https://www.trendhunter.com/trends/modern-neighborhood References: [dezeen](https://www.dezeen.com/2018/04/15/alonso-crippa-renovates-ph-thames-compact-urban-dwelling-buenos-aires/) & [alonsocrippa.ar](http://www.alonsocrippa.com.ar/pagina/obras/tha/tha.html) Palermo Viejo is a small historic urban space in Buenos Aires that is undergoing a steady transformation into a popular and modern neighborhood. Local design studio Alonso & Crippa undertake a renovation process of a two-storey brick building, transforming it into a [clean, minimalist and contemporary residence](https://www.trendhunter.com/trends/158-purley-downs-road). The project is called PH Thames, and it is just an example of how cities are aggregates of modern neighborhoods. From arty districts to bourgeois communal spaces, Alonso & Crippa's work on the historic house is an example of how the introduction of shops, restaurants and offices can change an urban area. Prior to Palermo Viejo's transformation into a modern neighborhood, the space was residential. Now, people are occupying the second floors of the [historic houses](https://www.trendhunter.com/trends/apartamento-relicrio) to make room for commercial development. Photo Credits:[Javier Agustín Rojas](http://javieragustinrojas.com/) ## Trend Insights (Trend Hunter) - Score: 1.6/10 - Popularity: 34% | Activity: 7% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: South America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Art & Design](https://www.trendhunter.com/artdesign) > [Home](https://www.trendhunter.com/home) ## Key Themes ### Why This Trend Is Growing - **Urban Neighborhood Transformation:** The renovation of Palermo Viejo into a modern neighborhood demonstrates the trend of urban areas undergoing creative renewal with the introduction of new facilities and amenities. - **Commercial Development in Residential Spaces:** The transformation of historic houses in Palermo Viejo into commercial spaces showcases the trend of utilizing residential properties for entrepreneurial endeavors. - **Minimalist and Contemporary Design:** The clean and modern renovation of PH Thames by Alonso & Crippa represents the trend of minimalist and contemporary design in urban renovations. ### Industries Being Reshaped - **Real Estate:** The real estate industry can explore opportunities in repurposing historic or residential properties for commercial and entrepreneurial use, based on the transformation of Palermo Viejo. - **Hospitality and Retail:** With the incorporation of shops and restaurants in the renovated Palermo Viejo neighborhood, the hospitality and retail industries can consider investing in emerging areas for expansion. - **Architecture and Design:** The architectural and design industries can tap into the demand for clean, minimalist, and contemporary renovations by offering their expertise in transforming urban spaces. ## Related on Trend Hunter - [Compact Madrid Residences](https://www.trendhunter.com/trends/burr-studio-1.md) - [History-Rooted Urban Renovations](https://www.trendhunter.com/trends/casa-sofia.md) - [Gridded Urban Apartment Blocks](https://www.trendhunter.com/trends/la-carboneria.md) - [Stylishly Renovated Apartments](https://www.trendhunter.com/trends/stylishly-renovated-apartment.md) - [Plant-Filled Home Renovations](https://www.trendhunter.com/trends/casa-c.md) - [Renaissance Building-Transformed Homes](https://www.trendhunter.com/trends/masn-130.md) - [Vividly Designed Apartments](https://www.trendhunter.com/trends/pascali-semerdjian-arquitetos-1.md) - [Bright Residential Renovations](https://www.trendhunter.com/trends/plaka-house.md) - [Family-Oriented Apartment Renovations](https://www.trendhunter.com/trends/triplex-fabre.md)