As Chile's economic hub, the city of Santiago has played a key role in helping the country's main industries--primarily, food processing and cooper manufacturing--develop strong foundations. But the recent global economic downturn has affected the prosperity that Chile was recently enjoying. Now many projects across the country are stalled or not moving forward as planned. This article looks at the current state of Santiago's industries and its project management community. In doing so, it describes how the current economic conditions are affecting both Santiago's and Chile's economic well-being; it overviews Chile's US$4 billion stimulus plan to create 100,000 jobs. It discusses the problems affecting Santiago's environment--caused by its geography--and the solutions that the country is moving towards to resolve these problems. It then explains how the current economic uncertainty is changing the way local business view project management. It also identifies how project managers are responding to those companies who continue to resist using project management as a method for improving business operations and creating new opportunities. Accompanying this article are two sidebars: The first reports on Santiago's progress in transforming its public transportation system; the second details the effort to build Santiago's Titanium La Portada, one of South America's tallest buildings.