The Rio de Janeiro City Hall has unveiled plans for an urban revitalization project focusing on Carioca Street in the city’s downtown area.
The initiative seeks to boost Carioca Street’s appeal, activate historic buildings, and create a tourist spot through a “Revived Beer Street.”
The project introduces craft breweries, shops, wider sidewalks, reduced lanes, and new greenery and lights.
Mayor Eduardo Paes and Secretary Chicão Bulhões announced it at a property on Carioca Street.
The event marked the signing of the first seven Terms of Adherence to the project and awarding participation certificates to entrepreneurs.
Chicão Bulhões highlighted the project’s dual objectives: revitalizing historical properties and providing financial incentives to attract businesses to the area.
The plan widens sidewalks and revitalizes the district, attracting residents, improving the space, appealing to tourists, and boosting the economy and jobs.
Entrepreneurs can get up to R$200,000 ($40,000) for renovations and R$15,000 ($3,000) monthly for up to 48 months.
This effort aims to fill 37 closed storefronts, reviving the city center affected by economic issues and the pandemic.
The project is expected to generate R$222 million ($44.4 million) and create 500 jobs in four years.
Background
Carioca Street in Rio stands as a vibrant testament to the city’s cultural and architectural legacy.
As Rio transformed, it morphed from a colonial street into an unremarkable urban corridor, lacking charm, significance, or atmosphere.
Set to enrich further Rio’s cultural landscape, its historic architecture mirrors the city’s lasting spirit and resilience.