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This paper aims to determine if gentrification happened in Refineria neighborhood (Rosario, Argentina) as a consequence of the urban renewal process known as Puerto Norte, developed in its proximities. A double cualitative and cuantitative aproach was used, including an intense field work and the development of an original statistical gentrification index applied both to Refinería and the whole city. The study concludes that some gentrification in Refinería did happen, but it is low and incipient, probably because of an urban legislation which was especially designed for containing large scale gentrification in the area, in order to preserve the neighborhood´s profile and identity. The gentrification index also allowed to detect other zones of presumed gentrification in Rosario City, distributed in a well defined spatial pattern outside the central area.
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