The Government of São Paulo will receive, next Monday (23), the proposals from companies interested in the concession of the New Administrative Center. The documents must be submitted, both in person and online, at B3’s headquarters and digital platform (São Paulo Stock Exchange) by 11 a.m. This is a decisive step toward implementing the project. The auction is scheduled for Thursday (26), at 10 a.m., also at B3.
With an estimated investment of R$ 6 billion, the project includes the construction of seven buildings and ten towers. The complex will be located in the Campos Elíseos district and will centralize the Governor’s Office, as well as state secretariats and agencies currently spread across more than 40 addresses in the city. The initiative modernizes public administration, reduces administrative costs, and strengthens urban revitalization in downtown São Paulo, while preserving historic heritage and expanding public services. The new structure will house approximately 22,000 public servants and will include a theater, auditoriums, multipurpose rooms, and other facilities.
The neighborhood revitalization also includes the restoration of 17 listed heritage properties and an expansion of more than 40% of the green areas of Princesa Isabel Park. The project also provides for 25,000 square meters dedicated to commerce and services, strengthening local economic development and promoting mixed-use occupation, in addition to the construction of a new bus terminal connected to Luz Metro and CPTM Station, enhancing urban mobility in the capital.
The new buildings will receive international LEED Gold certification and incorporate energy, thermal, and environmental efficiency solutions. The project is expected to generate 38,000 jobs during the construction phase and 2,800 formal jobs in local commerce and services.
Structured by the Secretariat of Partnerships and Investments (SPI), with technical support from Companhia Paulista de Parcerias, the concession will be carried out through a Public-Private Partnership (PPP) with a 30-year contract. The award criterion will be the highest discount on the maximum monthly public payment, set at R$ 76.6 million. The winning concessionaire will be responsible for operating and maintaining the complex throughout the concession period, including cleaning, security, and maintenance services.
During the bidding phase, the project included broad public participation. Two public hearings were held in February 2025, with more than 80 statements, and a Public Consultation received 268 contributions between January and March.
The architectural design is another highlight of the initiative. It was selected through a national public competition organized by the Brazilian Institute of Architects – São Paulo Department (IAB), which recorded a record number of entries. The winning proposal, responsible for preparing the basic and executive designs, was submitted by Ópera Quatro Arquitetura.
Investment Partnerships Program (PPI-SP)
The New Administrative Center project is part of PPI-SP, an initiative of the State Government aimed at expanding investment, employment, and socioeconomic, technological, environmental, and industrial development opportunities in São Paulo.
With a focus on Highways, Mobility, Social Infrastructure, and Water/Energy, PPI-SP represents the largest and most comprehensive investment program with the private sector in São Paulo’s history, benefiting the population and boosting regional economic growth. In total, more than 30 projects have been qualified, with a portfolio exceeding R$ 550 billion in investments.