Matarazzo Building (
Portuguese: Edifício Matarazzo), also known as Palácio do Anhangabaú (Anhangabaú Palace) is the
city hall
In local government, a city hall, town hall, civic centre (in the UK or Australia), guildhall, or a municipal building (in the Philippines), is the chief administrative building of a city, town, or other municipality. It usually houses ...
of the city of
São Paulo
São Paulo (, ; Portuguese for 'Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the GaWC a ...
,
Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
. It belonged to
Banespa until 2004, when it was sold to the city government. It was designed by Italian architect
Marcello Piacentini under the will of , in order to host the headquarters of his industries. The building's architectural style looks like
Art Deco
Art Deco, short for the French ''Arts Décoratifs'', and sometimes just called Deco, is a style of visual arts, architecture, and product design, that first appeared in France in the 1910s (just before World War I), and flourished in the Unite ...
.
According to the deal made with Banespa, the building would be given to the city government as part of the debt of 885 million
reais (some 466 million dollars) that the extinct
CMTC had with the bank. The city would then owe 156 million reais, to be paid in four years.
References
Buildings and structures in São Paulo
Tourist attractions in São Paulo
City and town halls in Brazil
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