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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 ▲ 0.74% ASAI3 8.25 ▲ 1.35% SBSP3 28.60 ▼ 1.31% WALMEX 49.15 ▼ 0.47% GMEXICO 209.54 ▲ 4.34% FEMSA 226.99 ▲ 0.01% 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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 ▲ 0.74% ASAI3 8.25 ▲ 1.35% SBSP3 28.60 ▼ 1.31% WALMEX 49.15 ▼ 0.47% 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 378.85 ▲ 0.17% 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 ▲ 2.25% COPEC 6,450 ▲ 4.03% BSANTANDER 79.01 ▲ 3.84% FALABELLA 5,919 ▲ 0.75% ENELAM 84.53 ▲ 0.50% CENCOSUD 2,028 ▲ 1.66% CMPC 1,084 ▲ 1.67% BANCO CHILE 190.01 ▲ 1.89% LATAM AIR 24.20 ▼ 0.86% 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 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Life & Society Real Estate

Rio’s Praça Nossa Senhora da Paz Park Reopens in Ipanema

By · May 30, 2016 · 3 min read

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By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL – On Saturday morning, May 28th, after years of construction due to the new Metro line 4 extension, the Praça Nossa Senhora da Paz (Our Lady of Peace Park) reopened in Ipanema. The gates of the square, which was delivered as directed by the Institute Rio Heritage (IRPH), were opened by the Secretary of State for Transport, Rodrigo Vieira, the president of RioTrilhos, Tatiana Carius, and the president of the RioBarra consortium, Maurício Rizzo.

Praça Nossa Senhora da Paz, Rio de Janeiro, Brazil, Brazil News
The Praça Nossa Senhora da Paz park was opened on Saturday by the Secretary of State for Transport, Rodrigo Vieira, photo by Carlos Magno/IMPRENSA RJ.
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The Consórcio Linha 4 Sul (Consortium Line 4 South) installed new wooden toys, to replace the old, iron installations. There are new benches and bike racks and the lighting was enhanced. Authorities confirmed the space will now be administered by the City Hall.

Government news sources also report that 75.6 percent of the trees in the square remain intact from before the start of works. The monument to Pinheiro Machado, has been restored and also returned to the original location in the park.

The reopening of the square was possible due to the completion of civil works and finishing Station Nossa Senhora da Paz Line 4 subway services. Now, the metro station continues with the completion of the installation of systems and operational tests.

Transportation Secretary, Rodrigo Vieira, said “The station Nossa Senhora da Paz Line 4 is integrated into the square and at the same time respecting the space, with access to the subway in the outer area [of the park]. The station and the subway system will get along with the square for many generations, allowing people who travel in and around Ipanema, enjoy these benefits made feasible by the state government.”

Praça Nossa Senhora da Paz in Ipanema, Rio de Janeiro, Brazil, Brazil News
Praça Nossa Senhora da Paz in Ipanema reopened after years of construction for the new Metro line, photo by Carlos Magno/IMPRENSA RJ.

The new station has two passenger entrances, on the streets Joana Angélica and Maria Quitéria, both at the corner of Rua Visconde de Pirajá. Built to ensure the accessibility of all, there are ramps and lifts in the two accesses. According to the expected demand, 47,000 people will use the Nossa Senhora da Paz Station daily.

Jason Galeria, an American expatriate living in Rio and co-owner of the Blue Agave bar and restaurant in Ipanema shared, “I was thinking yesterday as I walked by., […] in all honesty it came out great. It ended up better than it used to be. I doubted the city, but they came through.”

Charlie Jonas of Rio Exclusive luxury real estate agency explained what it will mean for the surrounding area. “After a few years of ongoing constructions, life for residents surrounding the park will not only be more quiet it will also go back to what it used to be, a social area where children will be able to play again and a commercial area where businesses will see more pedestrians walk by the shops and restaurants.”

In terms of real estate value, Mr. Jonas added, “As a realtors, even though market values are diminishing in 2016, we believe that the opening of the Metro is a great opportunity for investors. It is at the very sought heart of Ipanema, close to all the trendy bars and restaurants and only 15 minutes by metro from the city center.”

Now 95 percent complete, works in the other stations are in final stages of completion. According to the estimated demand, more than 300,000 people a day will use the system once it is fully operational.

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