Matarazzo Building

Matarazzo Building (Portuguese: Edifício Matarazzo), also known as Palácio do Anhangabaú (Anhangabaú Palace), is the city hall of the city of São Paulo, Brazil. 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 Ermelino Matarazzo, in order to host the headquarters of his industries. The building's architectural style looks like Art Deco.

Matarazzo Building
Edifício Matarazo
The Palácio do Anhangabaú in the center of the city.
Matarazzo Building Location within São Paulo Show map of São Paulo Matarazzo Building Matarazzo Building (Brazil) Show map of Brazil
Alternative names	Anhangabaú Palace (Portuguese: Palácio Anhangabaú)
General information
Type	Palace
Architectural style	Italian rationalism
Location	São Paulo, Brazil
Address	Viaduto do Chá, 15
Coordinates	23°32′51.64″S 46°38′15.32″W
Current tenants	Mayor of São Paulo
Construction started	1937
Completed	1939
Inaugurated	1939
Height	46 m (151 ft)
Technical details
Floor count	14
Design and construction
Architect(s)	Marcello Piacentini

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.[1]