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This article discusses the effects of coastal development projects carried out along the banks of the Paraná River in the city of Posadas, Argentina, which include the eradication of the illegal city situated in this large area in order to build the legal city that is open to the river. Using a descriptive approach, the research shows how a set of neighborhoods/settlements located in key interstitial spaces in areas of urban regeneration are subject to real estate speculation and potential displacement processes due to their differential advantages, such as proximity to and connectivity with central areas, landscape resources from the riverfront, high quality public works and increased land value on the riverbanks. Specifically, residing today on the bank of the river is part of the symbolic capital of the upper classes, although a few decades ago the riverbank was inhabited by the poor in slums and informal settlements.
