Puerto Natales was founded in May 1911 as a port for the sheep industry. During the last half of the 20th century the sheep industry declined and many people from Puerto Natales started to work in the coal mines of Río Turbio in Argentina. During the zenith of the sheep industry in Patagonia, two large "frigorificos" or cold-storage plants were constructed in the Natales area, of which one has survived. The plant at Puerto Bories, about 4 km NW from Puerto Natales, was a project of the Sociedad Explotadora de Tierra del Fuego. The Puerto Bories site was inaugurated in 1913 and was in production until 1993. The Cold-Storage Plant was constructed in "Post Victorian Industrial" architectural style and features of number of British machinery examples which reflect the technology of the beginning of the 20th century. The Cold-Storage Plant complex is part of the industrial history of the Puerto Natales area. A restoration project made by The Singular Hotels, was started on the complex in 2010 in order to transform the cold storage plant into a luxury hotel, called The Singular Patagonia.
