The Confinanzas Tower focuses on an emblematic skyscraper in Caracas that has become a meeting point for the tensions and contradictions of Venezuela’s social and economic reality.
Dealing primarily with the façade of the imposing tower, I would say that it denotes optimism and social ascent. Originally built as a symbol of the economic progress that characterised the 1980s, by the banking crisis in 1994, construction work to the tower was stopped and from then on it has become an icon of bankruptcy and truncated projects. Since 2008, homeless groups and families have squatted in the skyscraper, building their precarious dwellings inside this urban shell.
Architects still call the 45-story skyscraper the Tower of David, after David Brillembourg, the brash financier who built it in the 1990s. The helicopter landing pad on its roof remains intact, a reminder of the airborne limousines that were once supposed to drop bankers off for work.
Squatters live in the bottom 28 floors of the 45-story, uncompleted skyscraper, located in downtown Caracas.
This office tower, one of Latin America’s tallest skyscrapers, was meant to be an emblem of Venezuela’s entrepreneurial mettle.
Now, with more than 2,500 squatters making it their home, the building symbolises something else entirely in the city centre.
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