Live Nation, Oak View Group and GL Events Team Up for New São Paolo Arena

The 20,000-capacity venue begins construction next year and is slated to open in 2024.

Live Nation, the world’s largest entertainment company, and global development company Oak View Group are teaming up for a 20,000-capacity arena in São Paulo, Brazil.   

The city’s mayor, Ricardo Nunes, announced the collaboration — which will be in partnership with Brazilian-based event company GL Events — on Friday (Oct. 15).

The city of São Paulo, which has a population of 12 million, awarded the three entities a 30-year lease for the Anhembi campus, which spans 4 million square feet. Arena São Paulo, as it will be called, will anchor the Anhembi entertainment district and produce live events including concerts, sports games and family entertainment. The Anhembi district, where the Sambadrome is located, is already famed for hosting the city’s Carnival parade, among other events.