Rio de Janeiro, RJ incentivizes residential development in business district with Reviver Centro

Rio de Janeiro, RJ Reviver Centro Incentivize Development

Complete

Municipal officials sought to revitalize the Central Business District (CBD) by turning it into a 15-minute neighborhood. Reviver Centro attracts new housing units in the CBD with tax exemptions during development. Participating developers are prioritized for 40 square meters of commercial space for every 100 square meters of housing built. Fees generated by Reviver Centro projects are allocated for bike trails, pocket parks, and a subsidized housing program.

Economic Development Planning Land Use Planning / Development Affordable Housing

Rio de Janeiro, RJ

Municipality in Rio de Janeiro

Brazil

Links

Innovative Climate Solutions - C40 Cities

Recognising a city-led project using innovative solutions to achieve net zero by 2050. Finalists: Freetown, Quezon City, Rio de Janeiro, São Paulo

Reviver Centro

Create your own initiative by combining existing applications with a custom site. Use this initiative to form teams around a problem and invite your community to participate.

Newsworthy

Projeto Reviver Centro completa um ano no Rio de Janeiro

O projeto abrange os bairros de Santo Cristo, Gamboa, Saúde, Centro e Lapa e foi criado para reverter a tendência de abandono da região causada pela pandemia.

Project Succeeded

City officials reported that 1,317 housing units were licensed in the program's first year. Rio de Janeiro was named a finalist in the Innovative Climate Solutions category at the C40 Cities Bloomberg Philanthropies Awards.

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