AA-Sport > Football > World Sports: Santos has obtained Brazilian municipal approval to build a new stadium worth about 110 million euros
World Sports: Santos has obtained Brazilian municipal approval to build a new stadium worth about 110 million euros
August 16, according to World Sports, Santos has obtained permission to build a new stadium.
Santos has been approved by the municipality to launch an ambitious plan to replace their existing traditional home court with a modern multi-purpose venue worth 700 million Brazilian real (about 110 million euros). The new stadium, led by WTorre Group, is expected to be completed within three years, covers an area of approximately 71,000 square meters and can accommodate more than 30,000 spectators. The overall design of the stadium will enhance the game day and event experience and have diverse functions.
The municipal approval also comes with a commitment to improving surrounding infrastructure, including road modernization, traffic management optimization and parking lot expansion. In addition, WTorre and Santos Club are required to obtain construction permits within one year and can be extended for one year if necessary.
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