The Concession of the Constâncio Vaz Guimarães Sports Complex (Ibirapuera Arena) includes building a new modern arena with international standards,with capacity at least for 20,000 spectators, located in an important region of the City of São Paulo.
The project should be an Entertainment District with spaces of free public enjoyment as well as the possibility to commercially explore other activities in the 92.000 m² area of the concession.
Total CAPEX of BRL962 million, which translates into US$ 185 million with an FX of R$5.38 per USD.
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