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Private company

Urbi

Home development firm

Urbi, incorporated in 1981, is a home developer based in Mexico, with its headquarters located in the Northwestern city and the capital of the state of Baja California, Mexicali. The company has presences in the Northern states of Mexico, as well as the metropolitan areas of Mexico City, Guadalajara and Monterrey. It has been public since 2004, and its stock trades on the Bolsa Mexicana de Valores.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1981Founded1

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Urbi
Photo: WTF Formwork, CC BY-SA 3.0, via Wikimedia Commons4

Urbi, incorporated in 1981, is a home developer based in Mexico, with its headquarters located in the Northwestern city and the capital of the state of Baja California, Mexicali. The company has presences in the Northern states of Mexico, as well as the metropolitan areas of Mexico City, Guadalajara and Monterrey. It has been public since 2004, and its stock trades on the Bolsa Mexicana de Valores.2

The story

In 1981 Urbis was formed by a group of young entrepreneurs who raised US$70,000 to start the company.

The first projects were developments of 211 and 204 homes. Urbi grew to become one of Mexico's biggest homebuilders, with a presence, as of 2013, in 30 cities, including the metropolitan areas of Mexico City, Monterrey and Guadalajara.

The company caters mainly to the low income market segment.

Bankruptcy

In December 2014, Urbi filed for bankruptcy protection to restructure its debt with a plan to give its creditors a majority stake in the company. The company, had already had its shares suspended for more than a year at that point, and foresaw issuing new shares representing 97.5 percent of Urbi's capital. The bulk of the shares would be exchanged for debt, as well as for five and ten year bonds.

From Wikipedia’s article on Urbi, shared under CC BY-SA 4.0.3

Timeline

  1. 1981Founded Founded1

Sources

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