Bogotá venue destination unto itself plans

Image: IDRD

A deal in the form of a concession contract was struck recently (2.4 billion Peso [US$604 million]) to develop the new El Campín Cultural and Sports Complex (CDEC) in Teusaquillo, Bogotá (Colombia).

‘idrd.gov.co’ stated that the above deal was struck in the public-private partnership (PPP) format and would augur well for the City of Bogotá in Colombia.

The El Campín Cultural and Sports Complex (CDEC) in Teusaquillo, Bogotá (Colombia) will cover an area of 167,000m² and will encompass diverse areas including entertainment, commercial, offices, a hotel, creative areas, an exhibition hall and restaurants, as well as sports areas, a gym, and an emergency healthcare center.

As part of the above development, the Nemesio Camacho El Campin Stadium, the famed stadium of Colombia, will undergo total transformation. The 85-year-old multipurpose venue which is lodged in the heart of Bogotá serves as the home stadium of Colombia’s two top-notch soccer teams – the Independiente Santa Fe and the Millonarios F.C. The legendary venue also hosts major music acts by world-class artistes.

The objective behind the entire rejig exercise is to bring about a 360 degree change to the arena and its adjoining areas and transform it into a entertainment, sports, cultural, and tourist center.

The Nemesio Camacho El Campín Stadium, commonly known as El Campín, is the main stadium of Bogotá, Colombia. It was inaugurated on August 10^th, 1938 and has a capacity to hold 39,512 spectators. It is the home ground of the Categoría Primera A (Colombia’s premier football tournament and sits at the top of the Colombian football league system) teams Millonarios F.C. and the Independiente Santa Fe.

‘idrd.gov.co’ further stated that the above deal was signed at the Nemesio Camacho El Campín Stadium and the event was graced by the Mayor of Bogotá, Carlos Fernando Galán, the Director of the District Institute of Recreation and Sports (IDRD), Daniel García Cañón, the Directors and Partners of the APP CDEC concessionaire, among others.

Maintained Mayor Galán, “The above development will help us to transform this important area of the City into a large sports, cultural and entertainment complex and will serve the interests of the people of Bogotá. Undoubtedly, this is a significant social infrastructure project that will hold the City of Bogotá in good stead and will be built with purely private funds and not on taxpayers’ money.”

The concession contract, with duration of 29.2 years, marks the beginning of a transformative project that seeks to revitalize the area where the Nemesio Camacho El Campín Stadium sits and provide the people with a modern and multifunctional space that will integrate sport, culture and entertainment.

The project was awarded on December 29^th, 2023 to the El Campín Cultural and Sports Complex APP after a rigorous evaluation and selection process that took about six years time. The entertainment complex will be so built that it provides a new face to the urban landscape of Bogotá and stands out as a destination unto itself for tourists visiting Latin America.

Added Daniel García Cañón, Director, IDRD, “The above deal demonstrates a solid commitment on the part of the IDRD and the concessionaire to redevelop the stadium and its nearby areas for the greater benefit of the community on which it sits as well as for the people of Bogotá. The IDRD considers it a privilege to spearhead the project that will not only provide a shot in the arm to the local economy and generate jobs but will also position Bogotá as the epicenter of international sporting, cultural and entertainment events.”

The stadium project will generate more than 4,500 jobs and will help revitalize Bogotá’s economy.

The new stadium at the new El Campin Cultural and Sports Complex will have a capacity to accommodate more than 46,000 spectators and will comply with FIFA and the South American Football Confederation (CONMEBOL – continental governing body of football in South America) standards. The stadium will come armed with tech trappings and will include a retractable roof, boxes and the VIP experience areas, restaurants, expanded stands, spaces for people with reduced mobility, locker rooms dedicated to the local teams, and additional dressing rooms for the visitors.

The new stadium will be at par with the most chic stadia of the world and will boast international standards. The facility will also feature an auditorium which will become the new home of the Bogotá Philharmonic Orchestra. The complex will also enjoy indoor sports facilities, a hotel, a sports clinic with import on sports medicines, a huge parking area, and parks and green trails for families to come and let their hair down.

It will be a two-phase development and the construction work will continue for circa three-and-a-half years. The stadium construction work will be carried out in a phased manner and all the stands will be pulled down and constructed anew. The stadium events will be held simultaneously along with the construction work.

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• Tags »
• Bogotá
• Colombia
• concession contract
• Nemesio Camacho El Campin

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