UBIQ³ Santa Fe Business Park Breaks Ground in Tijuana with US$90 Million Investment
February 22, 2026
A major industrial development project has begun construction in Tijuana with the launch of the UBIQ³ Santa Fe Business Park, representing an investment of approximately US$90 million (around MXN 1.5 billion). The project further consolidates the Santa Fe area as one of the leading industrial growth zones in northwestern Mexico.
A New Industrial Platform in a Strategic Border City
The park is being developed by Grupo Frisa in partnership with Fibra Macquarie and will include four next-generation industrial buildings totaling about 70,000 square meters of leasable space. The development forms part of broader industrial expansion in a city that plays a central role in foreign trade and cross-border manufacturing integration with the United States.
During the groundbreaking ceremony, Mayor Ismael Burgueño Ruiz emphasized that the complex represents a new investment hub in one of Tijuana’s most dynamic urban zones, highlighting the project as a strong signal of investor confidence in the city’s productive environment.
Carlos Rivera Torres, CEO of Grupo Frisa’s Industrial Parks Division, noted that the alliance with Fibra Macquarie reinforces the vision of building competitive industrial infrastructure along Mexico’s northern border. Simon Hanna, CEO of Fibra Macquarie, stated that the start of construction turns a strategic plan into reality and will expand the region’s capacity to accommodate manufacturing and logistics companies.
Strategic Investment Amid Nearshoring Momentum
UBIQ³ Santa Fe Business Park adds to Tijuana’s industrial inventory at a time when demand for Class A facilities is being driven by nearshoring, supply chain relocation, and export-oriented production. Its location in Santa Fe offers connectivity to key logistics corridors, established industrial parks, and strategic border crossings.
The scale of the project is expected to attract new companies and generate employment across manufacturing, logistics, and specialized services. The planned infrastructure will meet the requirements of export-focused operations, with construction and operational standards aligned to international expectations.
A complementary residential development, Isla Catalina Vertical, was also announced; however, the economic centerpiece remains the industrial complex, which strengthens Tijuana’s position as one of the most important destinations for productive investment in northern Mexico and reinforces its role within the border manufacturing corridor.