RenoBo

What RenoBo does

RenoBo (Empresa de Renovación y Desarrollo Urbano de Bogotá D.C.) is the state-owned industrial and commercial enterprise of the Colombian capital, constituted in 2016 (originally as ERU) and rebranded as RenoBo in 2023. Its functional mandate is to act as Bogotá's district-level urban renewal and development operator, executing macroprojects of urban revitalization across the city. The entity is wholly owned by the Alcaldía Mayor de Bogotá and is financed through Bogotá District budget transfers; it has no private shareholders and no equity funding. RenoBo operates four integrated service lines: Operador Urbano (urban operator), Gestor de Proyectos (project manager), Gestor de Suelo (land manager), and Gestor Inmobiliario (real estate manager), giving it a vertically integrated platform spanning land assembly, project structuring, construction oversight, and real estate commercialization.

Its operational footprint centers on 10 active macroprojects of urban revitalization, encompassing approximately 9,000 affordable housing units and 3 public facilities, with flagship initiatives including the 140-hectare Calle 72 corridor (in coordination with Empresa Metro de Bogotá) and the Teleport-Santafé urban renewal project. Recent strategic actions include a corporate restructuring (2023 rebrand), formalization of district governance via the Junta Directiva, and inter-agency coordination with Codensa (energy) and Empresa Metro de Bogotá to integrate utility and transit infrastructure into urban renewal deliveries. The 'Reúsa y Revitaliza' adaptive reuse program was awarded the Guangzhou International Urban Innovation Award 2026, marking international recognition of the model. The company employs 207 staff and operates exclusively as a public-sector instrument, with the Alcaldía Mayor de Bogotá as its sole customer.

Name

RenoBo

Legal name

Empresa de Renovación y Desarrollo Urbano de Bogotá D.C.

Website

https://eru.gov.co

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

RenoBo is Bogotá D.C.'s state-owned urban renewal enterprise, executing 10 macroprojects of urban revitalization — including 9,000 affordable housing units and 3 public facilities — funded by the District budget and serving the Alcaldía Mayor de Bogotá as sole client.

Ownership category

akta.pro rank

Product category

Public Urban Renewal Services

NAICS

Administration of Urban Planning and Community and Rural Development (925120), Land Subdivision (23721), Administration of Urban Planning and Community and Rural Development (92512)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Non-Operating Establishments (9995)

akta.pro industry

PRIMARYBPAIABAM

State/Provincial Housing, Urban/Regional Planning & Community Development

Business & Public Services/Public Sector & Government Administration/State/Provincial & Regional Government Administration

SECONDARYBPAHAKAE

Regional & Land Use Planning

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Architecture, Design & Planning Services

SECONDARYIMAFAAAE

Renovation, Remodeling & Tenant Improvements (General Contracting)

Industrials, Manufacturing & Construction/Construction & Civil Engineering/General Contracting & Construction Management

Keywords

• Urban renewal services
• Urban development projects
• Public land management
• Affordable housing development
• City revitalization planning

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Public Budget and Government Funding: RenoBo operates as an industrial and commercial state enterprise funded primarily through the Bogotá District budget and public investment allocations aligned with the Plan Distrital de Desarrollo and Plan de Ordenamiento Territorial.
2. Land Management and Property Transactions: The company generates revenue through the administration and sale of public land, property acquisitions, and real estate transactions related to urban renewal projects.
3. Development Rights Auctions: Revenue generated through anticipatory auctions of construction and development rights certificates as part of urban renewal initiatives.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

RenoBo is the official urban renewal and development operator for the Bogotá District, executing strategic urban actions, partial plans, construction project management, public land administration, and affordable housing development. Its offerings span Operador Urbano (strategic urban actuations), Gestor de Proyectos (project management for construction), Gestor de Suelo (public land management), and Gestor Inmobiliario (real estate and the Reúsa y Revitaliza reuse program). The organization is mandated to revitalize Bogotá's urban zones under the Plan Distrital de Desarrollo 'Bogotá Camina Segura.'

Product overview

RenoBo (Empresa de Renovación y Desarrollo Urbano de Bogotá) is a Colombian government-owned urban renewal and development company. Rather than a technology product company, it operates as a public entity focused on urban revitalization. The organization functions through four main operational areas: Operador Urbano (Urban Operator) managing Actuaciones Estratégicas and Planes Parciales projects; Gestor de Proyectos (Project Manager) overseeing construction projects and design studies; Gestor de Suelo (Land Manager) administering public land for citizen benefit; and Gestor Inmobiliario (Real Estate Manager) implementing the 'Reúsa y Revitaliza' program and housing initiatives. The company's work aligns with the 'Plan Distrital de Desarrollo Bogotá Camina Segura,' targeting 10 macroprojects of urban revitalization, 9,000 affordable housing units, and 3 public facilities linked to Aerial Cable projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Operador Urbano Core operational service managing Actuaciones Estratégicas (Strategic Actions) and Planes Parciales (Partial Plans) to revitalize the city through urban renewal projects, targeting Bogotá district entities and aligned with the Plan Distrital de Desarrollo.
• Gestor de Proyectos Project management service overseeing construction projects and studies in development stages for citizen enjoyment of the city, supporting district entities with execution oversight for urban renewal construction works.
• Gestor de Suelo Land management service administering public land for the benefit of citizens through urban development initiatives, supporting the district's land banking and property management functions.
• Gestor Inmobiliario Real estate management service implementing the 'Reúsa y Revitaliza' reuse program and other housing projects that generate quality housing for Bogotá residents.
• Reúsa y Revitaliza Urban reuse program recognized internationally with the Guangzhou International Urban Innovation Award 2026, focused on revitalizing urban spaces, improving quality of life, resilience, and sustainability in cities through the Gestor Inmobiliario service line.

Quantifiable outcome

• 10 macroproyectos de revitalización urbana ejecutados o en desarrollo
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eleven partnerships are on record, tiered core, major, supporting, oversight, network and advisory.

• Secretaría Distrital del HábitatcoreStrategic or Co-development PartnerPrimary oversight and policy alignment partner. Provides regulatory framework and policy direction for housing and habitat matters. Jointly develops urban renewal projects within the district's habitat policy framework.
• Secretaría Distrital de PlaneacióncoreStrategic or Co-development PartnerPolicy alignment partner for urban planning and territorial ordering. Ensures urban renewal projects align with the Plan de Ordenamiento Territorial (POT) and district development plans.
• Caja de Vivienda Popular (CVP)majorStrategic or Co-development PartnerCollaborative partner for housing projects. Jointly launched the 'Concurso de predios 30' for housing development. Combines public land management with social housing programs.
• UAESP - Unidad Administrativa Especial de Servicios PúblicossupportingOthersSector habitat partner providing public services coordination for urban renewal zones.
• Grupo Energía BogotásupportingStrategic or Co-development PartnerInfrastructure partner represented on RenoBo's Board of Directors. Coordinates energy infrastructure integration in urban renewal projects.
• Empresa Metro de BogotásupportingStrategic or Co-development PartnerTransit infrastructure partner represented on the Board of Directors. Coordinates metro and transportation integration in urban renewal zones.
• Veeduria DistritaloversightOthersIndependent oversight body that participates in citizen dialogues and project monitoring to ensure transparency in urban renewal operations.
• Defensoría del PueblooversightOthersParticipates in citizen engagement processes for strategic urban actuations to ensure citizen rights protection in urban renewal initiatives.
• Red de Empresas de Renovación UrbananetworkOthersNetwork of urban renewal companies for knowledge sharing and best practice exchange among Colombian cities.
• Cámara Colombiana de la Construcción (Camacol)advisoryOthersConstruction industry association providing industry insights, standards, and professional network for construction sector engagement.
• Sociedad Colombiana de Arquitectos (SCA)advisoryOthersProfessional architects' association for design standards and professional engagement in urban renewal projects.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Empresa Nacional de Renovación y Desarrollo Urbano (ENRDU) Chile: Chilean national urban renewal and development programs under MINVU. Comparable model of state-led urban renewal with focus on housing and integrated urban projects; differs by operating at national rather than city level.
• Serviu (Servicios de Vivienda y Urbanización) Chile: Chilean regional housing and urbanization services entities. Comparable in administering public housing programs, urban renewal, and land management for affordable housing development.
• London Legacy Development Corporation (LLDC): UK public body overseeing urban regeneration in East London. Comparable in delivering integrated land use, housing, and infrastructure development in a defined urban zone with public mandate and development rights management.

Others

• Cámara Colombiana de la Construcción (Camacol): Colombian construction industry chamber — listed as advisory partner to RenoBo. Adjacent ecosystem player connecting RenoBo to private construction firms participating in SECOP tenders for its macroprojects.

Broad incumbents

• New York City Economic Development Corporation (NYCEDC): NYC's public-benefit corporation driving economic and real estate development. Comparable in managing public land, structuring large-scale development projects, and partnering with private developers on urban transformation initiatives.
• Hong Kong Urban Renewal Authority (URA): Statutory body overseeing urban renewal in Hong Kong. Globally recognized benchmark for state-led urban redevelopment; comparable in mandate to redevelop deteriorated urban areas, manage land assembly, and deliver integrated renewal projects.
• São Paulo Urban Operations (Operações Urbanas) - SP-Urbanismo: São Paulo's municipal urban planning and operations entity. Comparable model managing Urban Operations (Operações Urbanas Consorciadas) — large-scale urban renewal zones with development rights auctions, similar to RenoBo's anticipated auctions of construction certificates.

Direct peers

• Metrovivienda: Bogotá's housing institute focused on affordable housing production. Closely comparable mandate to RenoBo's 9,000-unit housing pipeline; both operate under the Secretaría Distrital del Hábitat and coordinate on Bogotá's housing deficit response.
• Empresa de Desarrollo Urbano de Medellín (EDU): State-owned urban development entity for Medellín, Colombia. Most directly comparable peer — both are Empresas Industriales y Comerciales del Estado managing urban renewal, public space projects, and affordable housing in major Colombian cities with similar legal structures and mandates.
• Instituto de Desarrollo Urbano (IDU) Bogotá: Bogotá's district institute for urban infrastructure development, focused on road and public space construction. Sister entity to RenoBo within the same district administration, both executing public infrastructure under the Bogotá development plan.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/renobo_bogota
• YouTubeyoutube.com/erubogota
• Facebookfacebook.com/1BWLnQzChF
• LinkedInlinkedin.com/company/renobo-bogota
• Instagraminstagram.com/erubogota
• TikToktiktok.com/@renobo_bogota

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RenoBo