Thursday, May 14, 2015

Brazil's $900 million World Cup arena being used for parking

Brazil put a fortune into getting ready for the 2014 Region Cup, but the country is having difficulty generating revenue now that the final goal have been scored.

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Estádio Nacional de Brasília Mańe Garrincha, a $900 hundred venue in Brazil's federal cash injection city, is now being used for office space and in addition parking.

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Depending to Stadium Database, approximately 400 vehicles are parked at the stadium among rush hours.

The stadium is only one of 12 that were built also renovated for the World Cup. The challenge with the Brasilia, as well as several other individuals, is that it is home to only a minor team which often draws at a much lower level than the historical seating capacity.

Just two football took place through early March, and in addition attendance averaged just 5, 1000 per contest in the stadium, of which seats over 72, 000.

Extra stadium in Manaus, which run you $600 million, is so expensive into rent that the pro team sees it more cost-effective to lease smaller business, according to an NPR report.

As well as World Cup was expensive, Brazil is expected to spend even more money close to the 2016 Olympics. When all is considered and done, it is projected to cover $13. 2 billion on facilities for those who are Summer Games.

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