page_title: Sede do BankBoston
section_title: Start of construction
hierarchical_section_title: Sede do BankBoston / Start of construction
caption_attribution_description: English: Skyline of São Paulo, Brazil Português: Skyline de São Paulo, Brasil.
context_page_description: Sede do BankBoston is a 35-story skyscraper in São Paulo, Brazil. The structure is a great office skyscraper located in Brooklin, near the Marginal Pinheiros, São Paulo, Brazil. Inaugurated in 2002, it is 145 meters in height and has 35 floors, making it one of the largest in the country and one of the more modern high-rises in Latin America. In 2006, the building was sold to Banco Itaú, prior to which time BankBoston company had merged with Fleet Bank, and ceased to exist as a separate entity. Today, some people call it an Edifício Itaú Bank.
context_section_description: The builder Hochtief, the German capital, was chosen to build the new Brazilian offices of BankBoston, on the ground located on the Marginal Pinheiros São Paulo. The project's financial institution demand the investment of about $65 million, according to Manager of New Business Development of Hochtief, Léo Teixeira. The future of BankBoston headquarters occupy an area of 30 square meters and will have 25 floors. According to the institution, the work began in May 1999 and finished in 28 months, concluding in 2002. Next to the bank building will be constructed a network Hyatt hotel, the United States and one office tower of the ACD, the company's former shareholder of Pão de Açúcar Group Alcides Diniz. The plot of land which will house the condominium, next to the new headquarters of Rede Globo, was owned by Diniz, that the area received as compensation for the purpose of the company in. The architectural design of the condominium was headed by Julio Neves, who did not want to comment on the project.
caption: View Sede do BankBoston at Night
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