IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,979 ▲ 1.81% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.31% USD/MXN17.41▼ 0.11% USD/CLP934.18▼ 0.03% USD/COP3,213▼ 1.69% USD/PEN3.39▲ 0.11% USD/ARS1,478▼ 0.27% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 1.22% BRENT 91.56 ▲ 2.62% WTI 84.65 ▲ 1.71% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.65% GOLD 4,086 ▲ 1.89% SILVER 59.11 ▲ 4.05% SOY 1,222 ▼ 0.31% CORN 475.25 ▲ 5.73% WHEAT 678.50 ▲ 0.67% COFFEE 322.80 ▼ 3.47% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 142.30 ▼ 3.46% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.08 ▲ 3.23% PETR4 41.66 ▲ 1.24% VALE3 72.24 ▲ 0.43% ITUB4 42.53 ▲ 0.54% BBDC4 18.55 ▲ 0.76% ABEV3 15.80 ▲ 0.06% BBAS3 20.88 ▲ 3.52% B3SA3 15.17 ▼ 0.59% WEGE3 42.47 ▼ 1.53% PRIO3 58.18 ▲ 0.85% SUZB3 41.63 ▼ 0.62% RENT3 36.55 ▼ 2.51% AZZA3 17.48 ▼ 3.80% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.83 ▼ 0.52% PSSA3 53.48 ▼ 1.33% CVCB3 1.12 ▲ 3.70% POSI3 3.68 ▼ 0.54% SLCE3 13.75 ▲ 1.33% NATU3 8.71 ▲ 0.93% BRKM5 5.71 ▼ 3.87% RANI3 7.89 ▼ 1.25% CSNA3 5.06 ▼ 0.20% CMIN3 5.58 ▲ 3.53% USIM5 8.46 ▲ 3.68% GGBR4 23.49 ▼ 0.55% ENEV3 25.42 ▼ 0.90% CPFE3 46.40 ▲ 0.17% CMIG4 11.02 — 0.00% EQTL3 38.83 ▼ 1.17% LREN3 13.27 ▼ 0.30% VIVT3 35.80 ▲ 0.36% RAIL3 13.24 ▼ 2.43% KLABIN 17.59 ▲ 0.63% RAIA DROGASIL 18.13 ▼ 3.00% RDOR3 33.92 ▼ 4.32% HAPV3 11.24 ▼ 2.68% FLRY3 16.55 ▼ 0.06% SMTO3 15.58 ▲ 1.10% UGPA3 31.82 ▲ 0.38% VBBR3 33.95 ▼ 0.47% BBSE3 41.55 ▲ 1.22% BPAC11 55.37 ▼ 0.84% CURY3 29.95 ▼ 0.80% AERI3 2.04 ▼ 1.45% VIVARA 21.41 ▼ 2.50% COMPASS 24.44 ▼ 0.65% VAMOS 3.09 — 0.00% SANB11 27.21 ▲ 2.78% ASAI3 8.25 ▲ 1.35% SBSP3 28.60 ▼ 1.31% WALMEX 49.12 ▼ 0.53% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.52 ▲ 0.09% ASUR 274.96 ▲ 0.22% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 1.80% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 1.18% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.14% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 0.03% LATAM AIR 24.20 ▼ 0.66% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 ▲ 3.49% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 ▲ 0.26% ASUR 274.96 ▲ 0.22% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 ▲ 0.26% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 66,387 ▲ 1.77% ETH 1,922 ▲ 0.96% SOL 77.93 ▲ 0.18% XRP 1.14 ▲ 2.43% BNB 572.81 ▲ 0.36% ADA 0.17 ▲ 1.78% DOGE 0.07 ▲ 1.33% AVAX 6.54 ▼ 0.55% LINK 8.64 ▲ 0.65% DOT 0.85 ▲ 2.40% LTC 46.77 ▼ 1.20% BCH 223.92 ▲ 1.83% TRX 0.33 ▲ 0.84% XLM 0.19 ▲ 1.72% HBAR 0.07 ▲ 3.83% NEAR 1.93 ▼ 2.20% ATOM 1.48 ▼ 0.94% AAVE 95.38 ▲ 6.24% SELIC 14.25% EMBRAER 82.65 ▼ 0.77% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.22 ▼ 0.94% MBRF3 15.11 ▲ 4.06% MBRFY 2.95 ▲ 4.24% INTER 5.58 ▼ 0.71% IBOV 173,325.65 ▼ 0.03% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,979 ▲ 1.81% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.31% USD/MXN 17.41 ▼ 0.11% USD/CLP 934.18 ▼ 0.03% USD/COP 3,213 ▼ 1.69% USD/PEN 3.39 ▲ 0.11% USD/ARS 1,478 ▼ 0.27% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.55% USD/TTD 6.73 ▲ 1.02% EUR/BRL 5.78 ▼ 1.22% BRENT 91.56 ▲ 2.62% WTI 84.65 ▲ 1.71% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.65% GOLD 4,086 ▲ 1.89% SILVER 59.11 ▲ 4.05% SOY 1,222 ▼ 0.31% CORN 475.25 ▲ 5.73% WHEAT 678.50 ▲ 0.67% COFFEE 322.80 ▼ 3.47% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 142.30 ▼ 3.46% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.05 ▼ 1.53% CATTLE 344.88 ▼ 2.02% LITHIUM 69.08 ▲ 3.23% PETR4 41.66 ▲ 1.24% VALE3 72.24 ▲ 0.43% ITUB4 42.53 ▲ 0.54% BBDC4 18.55 ▲ 0.76% ABEV3 15.80 ▲ 0.06% BBAS3 20.88 ▲ 3.52% B3SA3 15.17 ▼ 0.59% WEGE3 42.47 ▼ 1.53% PRIO3 58.18 ▲ 0.85% SUZB3 41.63 ▼ 0.62% RENT3 36.55 ▼ 2.51% AZZA3 17.48 ▼ 3.80% CSAN3 3.78 ▼ 1.05% RAIZ4 0.27 — 0.00% PCAR3 2.73 ▲ 5.00% GMAT3 3.83 ▼ 0.52% PSSA3 53.48 ▼ 1.33% CVCB3 1.12 ▲ 3.70% POSI3 3.68 ▼ 0.54% SLCE3 13.75 ▲ 1.33% NATU3 8.71 ▲ 0.93% BRKM5 5.71 ▼ 3.87% RANI3 7.89 ▼ 1.25% CSNA3 5.06 ▼ 0.20% CMIN3 5.58 ▲ 3.53% USIM5 8.46 ▲ 3.68% GGBR4 23.49 ▼ 0.55% ENEV3 25.42 ▼ 0.90% CPFE3 46.40 ▲ 0.17% CMIG4 11.02 — 0.00% EQTL3 38.83 ▼ 1.17% LREN3 13.27 ▼ 0.30% VIVT3 35.80 ▲ 0.36% RAIL3 13.24 ▼ 2.43% KLABIN 17.59 ▲ 0.63% RAIA DROGASIL 18.13 ▼ 3.00% RDOR3 33.92 ▼ 4.32% HAPV3 11.24 ▼ 2.68% FLRY3 16.55 ▼ 0.06% SMTO3 15.58 ▲ 1.10% UGPA3 31.82 ▲ 0.38% VBBR3 33.95 ▼ 0.47% BBSE3 41.55 ▲ 1.22% BPAC11 55.37 ▼ 0.84% CURY3 29.95 ▼ 0.80% AERI3 2.04 ▼ 1.45% VIVARA 21.41 ▼ 2.50% COMPASS 24.44 ▼ 0.65% VAMOS 3.09 — 0.00% SANB11 27.21 ▲ 2.78% ASAI3 8.25 ▲ 1.35% SBSP3 28.60 ▼ 1.31% WALMEX 49.12 ▼ 0.53% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% CEMEX 22.07 ▲ 0.87% GFNORTE 185.80 ▲ 3.22% BIMBO 59.39 ▼ 0.18% TELEVISA 9.70 ▼ 0.10% AMX 22.76 ▲ 0.09% GAP 378.52 ▲ 0.09% ASUR 274.96 ▲ 0.22% OMA 225.89 ▼ 0.24% KOF 181.05 ▲ 0.13% GRUMA 282.60 ▼ 1.74% KIMBER 38.40 ▲ 0.03% SQM-B 64,540 ▲ 1.80% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 1.18% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.14% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 0.03% LATAM AIR 24.20 ▼ 0.66% YPF 80,625 ▲ 1.80% GGAL 7,965 ▲ 1.53% PAMPA 5,475 ▲ 3.89% TXAR 679.00 ▲ 1.27% ALUAR 973.00 ▲ 1.41% TGS 9,710 ▲ 2.21% CEPU 2,340 ▲ 2.23% MIRGOR 16,775 ▼ 2.04% COME 42.87 ▼ 0.19% LOMA NEGRA 3,605 ▲ 0.91% BYMA 292.25 ▼ 0.51% TELECOM ARG 4,255 ▲ 2.65% ECOPETROL 16.53 ▲ 3.09% BANCOLOMBIA 83.64 ▲ 3.49% GRUPO AVAL 5.09 ▲ 2.83% CREDICORP 391.10 ▲ 1.10% SOUTHERN COPPER 188.01 ▲ 7.39% BUENAVENTURA 31.25 ▲ 3.96% MERCADOLIBRE 1,823 ▼ 0.53% NUBANK 14.39 ▲ 2.86% XP 16.85 ▲ 0.30% PAGSEGURO 9.58 ▲ 3.12% STONE 11.26 ▲ 1.21% GLOBANT 32.10 ▼ 0.59% TECNOGLASS 45.15 ▼ 2.08% GAP AIRPORT 217.68 ▲ 0.26% ASUR 274.96 ▲ 0.22% OMA AIRPORT 104.23 ▲ 0.21% AMX ADR 26.09 ▼ 0.04% FEMSA ADR 130.35 ▲ 0.26% CEMEX ADR 12.70 ▲ 1.68% PETROBRAS ADR 18.54 ▲ 1.92% VALE ADR 14.25 ▲ 1.06% ITAU ADR 8.40 ▲ 0.96% SANTANDER BR 5.40 ▲ 0.56% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 ▼ 0.50% GERDAU 4.64 ▼ 0.85% LATAM ADR 51.58 ▼ 0.31% BTC 66,387 ▲ 1.77% ETH 1,922 ▲ 0.96% SOL 77.93 ▲ 0.18% XRP 1.14 ▲ 2.43% BNB 572.81 ▲ 0.36% ADA 0.17 ▲ 1.78% DOGE 0.07 ▲ 1.33% AVAX 6.54 ▼ 0.55% LINK 8.64 ▲ 0.65% DOT 0.85 ▲ 2.40% LTC 46.77 ▼ 1.20% BCH 223.92 ▲ 1.83% TRX 0.33 ▲ 0.84% XLM 0.19 ▲ 1.72% HBAR 0.07 ▲ 3.83% NEAR 1.93 ▼ 2.20% ATOM 1.48 ▼ 0.94% AAVE 95.38 ▲ 6.24% SELIC 14.25% EMBRAER 82.65 ▼ 0.77% EMBRAER ADR 65.47 ▼ 0.70% JBS 11.95 ▼ 0.67% JBS BDR 60.22 ▼ 0.94% MBRF3 15.11 ▲ 4.06% MBRFY 2.95 ▲ 4.24% INTER 5.58 ▼ 0.71%
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Life & Society Real Estate

Demolition of the Perimetral Highway in Centro Continues

By · August 26, 2014 · 3 min read

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By Kendall Clark, Contributing Reporter

RIO DE JANEIRO, BRAZIL- The Porto Maravilha (Marvelous Port) project is well underway with the final section of the elevated Perimetral highway, along Rua Rodrigues Alves, scheduled to be demolished in the coming weeks. The removal of last section of the 5.5km Perimetral highway has altered traffic routes in the heavily traveled area and will continue to affect commuters until mid-September.

Historic Praça XV without the elevated Perimetral highway, Rio de Janeiro, Brazil, Brazil News
Historic Praça XV without the elevated Perimetral highway, photo courtesy of Cidade Olímpica.
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Commuters and motorists will continue to be affected by the thirty-day traffic detour, which began Friday, August 15th. Before demolition, traffic was concentrated on the lanes between Praça Mauá and Rua Souza e Silva running parallel to aging office buildings and abandon structures.

With current traffic alterations, commuters will travel along three tracks close to the Guanabara Bay, adjacent to the massive seaside warehouses. The modification denies commuters direct access to Avenida Barão de Tefé, a street running perpendicular to Rua Rodrigues Alves with an exit lane that filters into the main avenue in Centro, Avenida Presidente Vargas.

Motorists coming from Praça Mauá, who normally enter Avenida Barão de Tefé, should instead follow Rua Souza e Silva until the intersection of Avenida Venezuela and then continue to Avenida Barão de Tefé. The Rua Rodrigo Alves stretch of highway serves approximately 5,000 vehicles per day in the direction of Centro, according to the Port Regional Urban Development Company (CDURP), the highway was originally constructed between 1950 and 1970 with the intention of supporting 2,000 vehicles.

The displacement of 5,000 vehicles to alternative routes would appear to be inconvenient to commuters. However, one day after the onset of the new traffic amendment, O Globo reported the traffic to be ‘fine’. With the new project, a new road network will integrate the Port area with the Centro and nearby neighborhoods, and increase the flow capacity of traffic by forty percent, according to CDURP.

The closure of Rua Rodrigues Alves Perimetral highway forces commuters to utilize surrounding streets, Rio de Janeiro, Brazil, Brazil News
The closure of Rua Rodrigues Alves Perimetral highway forces commuters to utilize surrounding streets, photo courtesy of Cidade Olímpica.

The entire Perimetral highway area will be transformed into two new lanes with state-of-the-art technology to accommodate 10,500 vehicles per hour and foresee potential traffic problems. Two tunnels will be built along the Via Binário do Porto, a series of high-speed roads, to further reduce congestion on the dense commuter traffic.

The avenues below the elevated Rodrigues Alves Perimetral will become a 4km long expressway with three tracks and an access lane for emergency personnel. The expressway will not intersect with the Port’s lanes, which would likely cause traffic build-up.

A new avenue will run parallel to the 4km expressway and will be responsible for the Port’s main traffic. “From what I see in the planning, Rio de Janeiro is going to be a fantastically different city after the Olympic Games, says Deputy Sports Minister Luis Fernandes, “we will absolutely have a renewed and modern city.”

Changing traffic patterns is only one part of the Port’s transformation. The project plans to revitalize the port area into world-class business and residential spaces with a new science museum designed by famous architect Santiago Calatrava, leisure areas with bike paths and shopping centers, and a light-rail transit line.

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