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O Parque: learn more about Brookfield's property in Chucri Zaidan

  •  Corporate tower that is part of the mixed-use complex named O Parque
Torre Corporativa do complexo O Parque
Torre Corporativa do complexo O Parque
By: SiiLA News
05/29/2023
Brookfield is responsible for developing the corporate tower that is part of the mixed-use complex named O Parque, located in the Chucri Zaidan region, in the southern zone of the city of São Paulo. The developer Gamaro is responsible for the construction and realization of the project, designed by the French architecture companies Triptyque Architecture and Maison Edouard François.

The property has a total of 4 towers, which are named: Torre Orvalho (corporate), Torre Cipó (residential), Torre Pétala (residential), and Torre Folhagem (residential). In addition, the property has more than 60 services within its complex, including a restaurant.

Data from SiiLA Market Analytics shows that Torre Orvalho is classified as class A, with 19,817 m² of private area and a total of 19 floors. So far, it has 100% availability of floors for rent. This development is included in the 158,810 m² of new inventory that was delivered in the city throughout the year 2022.

SiiLA's monitoring shows that Chucri Zaidan currently has a vacancy rate of 32.44% for A+, A, and B class offices, with an average price per m² above R$ 97. In total, the region has 46 mapped corporate buildings, with a very diversified tenant profile. Currently, the main occupants are from the telecommunications and insurance sectors.


About O Parque complex

One of the concepts involved in the project's conception was to bring more greenery to the region, with the proposal to blend nature and urbanism, with a 10,000 m² park. Therefore, the property features more than 80 species of plants, some considered rare, directly sourced from the Atlantic Forest. In this video, from March of this year, you can see the progress of the completion of the residential and green areas.

On the site of O Parque, which has more than 38,000 m², part of a farm operated until the 1940s, the Chácara do Farias. Later, the farm gave way to a battery factory that supplied parts to the naval and automotive industries.



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