Porto MaravilhaPorto Maravilha

Rio de Janeiro, October 2012Rio de Janeiro, October 2012

A UNIQUE TIME FOR RIO

Rio + 20

2012 2013 2014 2015 2016

Rio de Rio de Janeiro’s Janeiro’s

450450thth Anniversary Anniversary

Maracanã

Christ Statue

Copacabana

Sugarloaf

Santos Dumont Airport

Tom Jobim International

Airport

11 km

5 km

7 km

2 km

8 km

6 km

Rio de Janeiro

Petrópolis

Angra dos Reis

Búzios

Paraty

Atlantic Ocean

LOCATION

THE REGION IN NUMBERS

•Total area ~5 million m²

•Population ~28,000 (2010)

•Human Development Index 0.775

•Actively employed ~12,000

•Labor force ~30,000

•Small and medium businesses ~10,000

•Elementary schools / Pre-schools 7 / 5

•Secondary schools 2

•Vocational training courses 1

•Medical clinics / Hospitals 3 / 1

1850 PORT AREA MAP

5

66

PRESENT TIME MAP

MAJOR HISTORICAL VALUE

1817Armazém do Sal Rua da Prainha (Acre)

Largo de São Francisco Da Prainha

1930

Navy Arsenal Praça Mauá

“A Noite” Building

D. João VI Royal Palace

Cruise terminal

Gamboa Dock

Avenida Perimetral

2002

Rio Branco 1 Office Bldg

Mauá Pier

Federal Police

MAJOR HISTORICAL VALUE

ISOLATION & DEGRADATION

Low proportion of green areas (2.5%)Places prone to chronic flooding

Sewage released directly into drainge system, rivers and canal

Degraded architectural heritage

PORTO MARAVILHA: BREAKING PARADIGMS

Shifting real estate development

to downtown

Changing the downtown image

Improving current

residents’ quality of life

Increasing the number of residents

Valuingheritage

Improving the

enviroment

PORTO MARAVILHA: BREAKING PARADIGMS

The Porto Maravilha

project creates an

array of legal and

institutional

instruments

to bring change to

Rio de Janeiro’s

Port Region

UNPRECEDENTED INSTITUTIONAL & FINANCIAL MODEL

* Legally instituted urban policy for the revitalization of degraded urban areas

No charge when construction

does not exceed IAT

CEPACs must be

purchased when IAT is exceeded

Key:

CEPAC – Certificate of Potential Additional Construction

IAT – Land Use Index (portion of land that can be built on pursuant to current legislation)

Funds collected through CEPACs for

urban works and services

PORTO MARAVILHA PROJECT

Mission

Role

CDURP: MISSION AND ROLE

FINANCIAL & INSTITUTIONAL MODEL

CEPACs &real estate

US$1.7 billion

PPP consideration (US$3.75 billion)

PPP bonds (works & services)

CEPACs &real estate

Return on investment

Other project expenses (US$197 million)

CEPACs &real estate

Granting authority

Earnings on real estate

appreciation

STRATEGY

URBAN REVITALIZATION

Public-Private Partnership (PPP) in the form of an Administrative Consortium to perform works and services:

Innovative experience in the management of public spaces

Providing a variety of services that require different specializations

Consortium is accountable for the quality of works and services, as

remuneration is tied to performance

Consortium provides advance funding for some investments

The City (through CDURP) stands to gain from appreciation in the region

SERVICES

URBAN REVITALIZATION & ENVIRONMENTAL GAINS

INFRASTRUCTURE

INFRASTRUCTURE

MOBILITY – NEW ROAD SYSTEM

LRT - PROJECT PHASES

Barcas-Santos Dumont line: under project development

Santos Dumont*

América

Camerino

Itamaraty

Central

Sta. Rita

D. de Caxias

Nabucode Freitas

SãoDiogo

Barão de Mauá

Vila Olímpica

Saara

Carioca

Carmo

Barcas

Rio Branco

Pça. daRepública

Pça.Tiradentes

Phase 1 enters operation in Jan. 2015 Phase 2 enters operation in Jan. 2016

Sete deSetembro

Antônio Laje

GamboaBarãoTefé

Cidade do Samba 2

Pça. daHarmoniaPedro

Hernesto

BuenosAires

AlmiranteBarroso

Antônio Carlos

Cidade doSamba 1

SilvinoMontenegro Rodrigues

Alves

Praça Mauá

São Bento

Candelária

Cinelândia

‘

Equador

Vila de Mídia

PereiraReis

Pça. SantoCristo

Novo Rio 2

Cordeiroda Graça

Santo Cristo

Novo Rio 1

Rodoviária

Light rail New roads

Transbrasil BRT

Supervia trainSubway

Bus stopsBus terminals

N

Phase 1Phase 2

New cruise terminal

LIGHT RAIL – MULTI-MODALITY INTEGRATION

Santos Dumont*

Central

Barão de Mauá

Carioca

Barcas

Cidade do Samba 2

Cinelândia

Rodoviária

RodriguesAlves

LIGHT RAIL – MULTI-MODALITY INTEGRATION

Via Binária - Praça Mauá

Saúde Tunnel

4

10

14

Gamboa Terminals

Museum of Tomorrow

3

José BonifácioCultural Center

13

15

Morro da Providência Tunnel

Via Binário1º de Março

2

Via Binário - R. Souza e Silva & Antonio Lage

8

22

Link road to Gasômetro Viaduct

24

Temporary terminal

17

Rua Mendonça

21

Via D1

20

Rua Gal Luiz M. Moraes

Reserv. Morro do Pinto

16

6

CDURP main offices

5

Escola do Olhar

Via B1 – R. Silv. Montenegro & Saúde Tunnel

9

19

R. Equador

1112

18

Via C3

Via B1

7

231

WORKS IN PROGRESS

2011 2012 2013 2014 2015

WORKS SCHEDULE

Binário AvenueBinário Avenue

ExpresswaytunnelExpresswaytunnel

New urban infrastructure and new road system

New urban infrastructure and new road system

Urbanization of hillsides comunities

Urbanization of hillsides comunities

Demolition of Perimetral viaduct

Demolition of Perimetral viaduct

2016

REAL ESTATE DEVELOPMENT

A growing market in Rio

ROOM FOR OPPORTUNITIES

Non-CEPAC Area (APAC SAGAS

Heritage preservation area)

~3.8 million m² - about 1,500 properties that could be

retrofitted

Non-CEPAC Area (APAC SAGAS

Heritage preservation area)

~3.8 million m² - about 1,500 properties that could be

retrofitted

CEPAC Area

~1.2 million m², to which + 4 million m²

have been added

SECTORS WITH A POTENTIAL FOR ADDITIONAL CONSTRUCTION

CEPAC costs

Residential / Hotel Commercial<

REAL ESTATE DEVELOPMENT AND SUSTAINABILITY

Regulations for new buildings in the Port Region:

70 PROJECTS UNDER ANALYSIS OR APPROVED

Olympic Village

JPL

Estácio de Sá

OdebrechtOdebrecht

Strategy

To leverage the current transformation process to encourage recognition

and celebration of the region’s heritage and the social and productive

inclusion of current residents, small and micro businesses in the region,

and the population at large

To leverage the current transformation process to encourage recognition

and celebration of the region’s heritage and the social and productive

inclusion of current residents, small and micro businesses in the region,

and the population at large

Establish partnerships to

Map out opportunities

Prepare workers and small and micro businesses for potential new job and business opportunities

Stimulate the recovery of real estate heritage in the preserved area

Set in motion incentive policies and mechanisms

Establish partnerships to

Map out opportunities

Prepare workers and small and micro businesses for potential new job and business opportunities

Stimulate the recovery of real estate heritage in the preserved area

Set in motion incentive policies and mechanisms

SOCIAL DEVELOPMENT & PRODUCTIVE INCLUSION

Housing and slum upgrading

Job creation

Professional training and

retraining

Promoting entrepreneurialism

Education for citizenship

Production and dissemination

of knowledge

SOCIOECONOMIC DEVELOPMENT

SOCIOECONOMIC DEVELOPMENT

3% of revenue from the sale of CEPACs goes to:

Leveraging tangible and intangible heritage as potential job and income creators

Restoring and upgrading protected heritage property

Creating historical-cultural circuits

African heritage Churches Architecture Urban archeology

Support for initiatives taken by the region’s cultural groups and organizations

ENVIRONMENTAL GAINS

INTEGRATED, INCLUSIVE URBAN SPACE

A residential option & a benchmark for sustainable urban living

VIRTUOUS CIRCLE

SUSTAINABLEDEVELOPMENT

CHANGE IS ON THE WAY!

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