Flamengo pushes on with R$500m plan for 2 hotels and mall in Gávea | OneFootball

Flamengo project in Gávea includes two four-star hotels and has already received City Hall approval

Flamengo is set to undergo construction work. That is because the project to build a hotel complex at the club’s Gávea headquarters has moved forward and has already received approval from Rio City Hall. The development, estimated at R$ 500 million, was presented to board members in June.

What does the hotel project in Gávea include?

The plan calls for two four-star hotels on the site where the stands of the Gávea stadium are currently located. As a result, there will be two ten-story towers, 348 rooms, and 536 parking spaces. The complex will also include a shopping center with 82 stores integrated into the project.

What has changed since the first presentation?

Initially, the idea was to build a five-star hotel in Gávea. However, the proposal evolved into two four-star units, with more rooms and connected to a commercial structure.

However, the hotel is only part of a broader plan by president Luiz Eduardo Baptista, known as Bap, to transform the area around the headquarters. In the presentation, the executive also mentioned the possibility of an entertainment center and an amusement park with attractions aimed at Flamengo fans.

What still needs to be decided before construction begins?

Even so, there are still important details to be defined before construction starts. According to O Globo columnist Lauro Jardim, XP and BTG appear to be the favorites to finance the development and are already reviewing the business.

After that stage, Flamengo will need to choose the hotel chain responsible for the operation. Since the initial presentation, Bap had indicated that the club did not intend to use its own funds for the construction. So the idea is to form a partnership with investors to share in the results without a direct investment.

Why will Flamengo give up the Gávea stands?

The Gávea stands were rarely used because the site is close to some hospitals and residential buildings. So crowd noise is a problem when holding matches. Therefore, the headquarters is used for training sessions and events.

Are there more construction projects at Flamengo?

Yes, the mini-stadium is under construction at Field 10 of Ninho do Urubu, with completion expected between July and August 2027. The venue’s capacity was increased to 4,500 fans, more than double the 2,000 seats originally planned.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.