Rock in Rio CEO plans LatAm’s largest ents complex

Rock in Rio founder Roberto Medina has unveiled a “visionary project” to create the largest entertainment complex in Latin America.

In partnership with financial group Genial Investimentos, the Imagine scheme will transform Rio de Janeiro’s Olympic Park, home to Brazil’s iconic Rock in Rio festival since 2017 and site of the 2016 Summer Olympic Games, into a leisure, sports and entertainment centre.

The complex will house at least 10 distinct areas, including the main 100,000-cap space – the largest events park in Brazil – plus Latin America’s biggest amphitheatre (cap. 40,000), capable of attracting top international acts.

“Forty years ago, we created an innovative project that came back to stay in 2011. Now, we are going even further,” says Rock World president Medina. “In addition to Rock in Rio maintaining its permanent structures, we are valuing the legacy and making the space ready for various entertainment events. We will use all of our expertise to build, together with the various levels of municipal, state and federal government, a policy that places tourism as the main vocation of this city and the country.

“What would take years to build will be done in a period of three to four years. We already have the structure of the Olympic Park practically ready to bring Imagine to life. We have to embrace entertainment as the key to boosting the city’s economy, creating jobs, bringing companies from various sectors and even more development to Rio de Janeiro.”

Other attractions will include the Rock in Rio Factory, which will take people behind the scenes of the festival, a museum in honour of the Rio 2016 Olympics and various parks, as well as a creative hub, theme park, gamer arena, skate park, ice rink, gastronomic hub and resort. It will be the stage for celebrations such as Carnival, Easter, Oktoberfest, Halloween, Christmas and New Year, as well as music, dance and sports events.

“This is a transformational project for Rio de Janeiro”

The project also includes a mobility scheme integrating all types of transportation in the city and is expected to generate an economic impact of R$9.2 billion (€1.5bn) for the Rio economy, along with more than 140,000 jobs

“This is a transformational project for Rio de Janeiro,” says Genial Investimentos CEO Rodolfo Riechert. “Genial Investimentos has been a long-time investor in Rio de Janeiro, and together with our partner Roberto Medina, we will help transform Imagine into reality.”

Rock in Rio returns to the Olympic Park over two weekends this month for its 40th anniversary edition from 13-15 & 19-22 September. Headliners will include Travis Scott, Ed Sheeran, Imagine Dragons, Katy Perry, Shawn Mendes and Avenged Sevenfold.

A special feature celebrating 40 years of the biennial festival will appear in the forthcoming issue of IQ.

Medina debuted spin-off music festival The Town last year at the Interlagos race track in São Paulo, attracting 500,000 fans over five days for acts such as Post Malone, Foo Fighters, Maroon 5 and Bruno Mars.

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