$ 400 mn project Arena del Río to be built in Barranquilla

Barranquilla will have the first integrated structure for sports, entertainment and business events in Latin America. Two Way Stadiums and UMUSIC Hotels presented the innovative multifunctional complex called Arena del Río. This $407 investment project will have a capacity for 53,000 spectators. Arena del Río will have the only roofed structure in Latin America, with a retractable mobile lawn to convert the space on a large stage for shows. It will also house a five-star hotel, 100 luxury apartments, 395 boxes, television, film, music and content production studios, three independent auditoriums, a museum, a business club and a marina and four ports for cruise ships and nautical sports. Its representatives assure that it will have an investment impact on the area of$1.25 billion and will generate 9,040 direct jobs.The construction will occupy 31 hectares with a structure of 336,934 square meters.

Source: El Espectador