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According to JLL, this process brought business opportunities

As it happened in São Paulo with Rodoanel Mário Covas, the completion of the 72km of the Arco Metropolitano that links Itaguaí to Duque de Caxias in the Baixada Fluminense has been attracting an increasing number of occupants and investors along the road. Its first stretch, in operation for almost 40 years, already connected Duque de Caxias to Itaboraí and is 71 kilometers long.

The Arco Metropolitano project – officially named RB-493/RJ-109 – was developed to relieve the traffic on Av. Brasil and Via Dutra, thus diverting from these important highways the trucks passing through the region towards the state of Espírito Santo, the cities of Belo Horizonte and Brasília and the Northeast region.

Since 2010, we have verified that companies and investors are buying land in Queimados, Seropédica, Duque de Caxias, among other municipalities, which were rural areas, without many perspectives, but due to the development of the Arco Metropolitano have been gaining value and attracting a great interest.

A pharmaceutical center was formed in such region, with a distribution center for a network of drugstores and there is also a logistics project for a pharmaceutical industry, which is underway. Along the new stretch of Arco Metropolitano we can also find companies of e-commerce, cosmetics, clothing, beverages and logistics operation. A major food company has acquired a land in the Seropédica region to install an industrial plant, which is expected to boost the retail and residential development.

Modern and LEED certified logistic condominiums have also emerged, including Golgi Seropédica (with 84,000 m2), Arcolog (with 36,000 m2) and the newest one, concluded in May 2017, Golgi Duque de Caxias (67,000 m2). There is also the GLP Duque de Caxias, another condominium under construction in the region, which shall have 67,000 m2 in the first phase.

According to JLL, this process brought innumerable business opportunities. The most recent one is a built to suit project for a distribution center with 20,000 m2 of a pharmaceutical laboratory. We are also responsible for the management of the Golgi Seropédica and Golgi Duque de Caxias condominiums.

When the section Itaguaí-Duque de Caxias of the Arco Metropolitno was designed, one of the goals was to facilitate the access to the Comperj (Petrochemical Complex of Rio de Janeiro), which was slowed due to the crisis in the oil chain. But now we see that the Arco Metropolitano no longer lives only for the oil and gas sector.

All this movement with investments of logistic and industrial companies of other sectors proves that the Arco Metropolitano is now independent. Other interests are appearing along the highway. Together with airports, ports and an important road network, Rio de Janeiro is increasingly consolidated as an expressive logistics hub.

We see an interest of investors and occupants, which shows a confidence in the region’s future in the medium and long term.

Maurício Nascimento is a business analyst of JLL’s Transactions area.

photo: João dos Santos/Aerofoto/Blog do Planalto