Saphyr/HSI – Bossa Nova Mall Mixed-use Development, Rio de Janeiro

Saphyr in partnership with Hemisferio sul investimentos (HSI) is planning to undertake the construction of Bossa Nova Mall mixed-use facility on a 5,592m2 area in Rio de Janeiro, Brazil.

Key Facts:

Project Status: Announced

Project Value: USD 120 million

Project Sector: Building Construction Projects->Mixed Use Development

Project Start date: Q2 2014(Estimated)

Project Completion date: Q2 2015

Project Details

The project involves the construction of a shopping center, a hotel, a convention center and other facilities. The project is in the early stages of development. The new mall is expected to be operational by the second quarter of 2015.

Suppliers, Contractors and Planners:

Project Owner

• Saphyr – http://www.saphyr.com.br/

Planning Authority

• State Government of Rio de Janeiro, Brazil – http://www.rj.gov.br/