Home » Business » Rivana Business Park: Medellín Attracts Corporate Investment and Marriott Expansion

Rivana Business Park: Medellín Attracts Corporate Investment and Marriott Expansion

by Priya Shah – Business Editor

Marriott to Anchor Rivana Business Park Expansion ​with⁤ $40 Million Hotel Investment

Medellín, Colombia – A new ‍Marriott​ hotel will be‍ a key component of the second stage expansion of Rivana Business Park, representing a $40 million investment aimed at solidifying Medellín’s position as a‌ growing corporate hub.‌ The project is expected to generate 170 direct jobs promptly, with the‍ full second stage projected ⁢to‍ exceed 3,000 jobs overall.

The ⁣new hotel is intended to ⁢offer a complete experience for companies ‍and senior executives visiting Medellín, while​ attracting‍ multinational and foreign⁢ companies considering establishing operations in the city. “This new hotel represents a decisive step ‍in the consolidation of Rivana ⁢as a business ecosystem connected to global⁣ trends,” said Rafael ⁣londoño Lema, president of QBO Constructores.

Rivana already boasts a corporate ecosystem including Mercado Libre,​ Accenture, Seguros Bolívar, ⁤and Corredores Davivienda. The park’s design integrates ‌offices, commerce, public‍ spaces, and accommodation, mirroring urban progress models seen in global financial centers like Hudson yards in New ⁣york, ‍Canary Wharf in London, and La Défense in Paris.

The announcement comes amid a surge in​ corporate tourism to ​Medellín. Migration Colombia​ data shows over 20,900 business visitors⁤ arrived in Antioquia between January and August 2025. Medellín captured 35% of the risk capital raised in Colombia in 2023 and has attracted more than 370 foreign ‌direct investment ⁤projects ⁣as 2008, according to ACI Medellín.

“The fact that high-profile companies such as Mercado Libre and Accenture⁢ choose to set ‍up shop in Medellín confirms that the city has‍ become a hub business​ strategy for Colombia and the region,” Londoño Lema highlighted. National Geographic recently recognized Medellín’s growing appeal, including it on⁣ its “Best ‌of the World” list for 2026.

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