BRAZILIAN HERITAGE
FOR THE MODERN AGE

Moinho
Fluminense

Acquisition of a 100-year-old wheat milling factory in Rio de Janeiro’s historic and recently revitalized port, with the purpose of transforming it into a unique go-to business and touristic destination through a combination of transformational solutions aimed at benefiting the local community.

Location
Rio de Janeiro, Brazil
Type of Deal
Equity
Underlying Asset
Industrial Heritage Building
Underlying Asset Size
40,000 sqm of built area
Underlying Strategy
Urban regenration & Development
Status
On-going
Transformative
Process
The Challenge

Transform a 19th-century asset into a sustainable and attractive mixed-use complex where tenants and visitors can live, work, shop, and be entertained.

Create a landmark destination and transform Rio’s port into one of the city’s most attractive hubs.

The Approach

Carry out a unique combination of transformational solutions, with a focus on real estate, identity, user experience, and perception.

Develop a mixed-use 24-hour complex with office, residential, retail, and digital experiences housed within an architectural landmark that blends historic elements with modernity, preserving its legacy and transforming it into a sustainable asset.

The Outcome

Secured a LEED Platinum rating and a Fitwell certification based on the development’s focus on sustainability, health, and well-being. Improved traffic and pedestrian accessibility to better integrate Moinho with the local and larger Rio de Janeiro community.

Created social impact and repositioned the area by fostering connections with the community, improving safety and making the asset a local hub with offerings related to art and culture, gastronomy, and digital events.

The
Asset
A 4-block former wheat milling factory and historical heritage site in Porto Maravilha, Rio de Janeiro.
Location

Adjacent to Rio de Janeiro’s downtown, Porto Maravilha is an extension of Brazil’s second-largest and second-most economically powerful city.

The historic port is undergoing ambitious urban development with the goal of creating a high-density residential, touristic, and commercial district through public-private partnership investments.

Asset Size

40,000 sqm of a secular industrial heritage building, spread over 4 blocks of an old wheat milling factory, with the potential to become a 100,000 sqm business and entertainment complex.

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