Puerto Madero in Buenos Aires, often seen as a modern and upscale waterfront development, finds its Parisian counterpart in La Défense, with its grand scale of modernity and business focus. La Défense, located in the western part of Paris, is Europe's largest purpose-built business district. Dominated by the Grande Arche and a myriad of skyscrapers, the area houses the headquarters of numerous multinational corporations. Unlike the historical core of Paris, La Défense is characterized by modern architecture, with glass and steel towers piercing the skyline. It boasts a vast array of modern sculptures, fountains, and a multi-level pedestrian plaza. La Défense is not just a business hub but also serves as a significant shopping destination with its large shopping center, Quatre Temps, and hosts numerous cultural events throughout the year.