Overview
- The city government issued all key authorizations, including public space occupancy, project plan registration, tourism interest declaration and civil works permits.
- An environmental hearing by the Buenos Aires protection agency confirmed the wheel will generate no noise, hazardous waste or impacts on traffic and air navigation.
- Concessionaire RDBA S.A. is financing the project entirely with private funds and will pay an annual fee to the Corporación de Planeamiento Metropolitano.
- Preliminary works have kicked off with a perimeter fence securing the site at Dique 1, marking the formal start of construction.
- The 79-meter wheel will carry up to 288 passengers in 36 climate-controlled cabins atop a reinforced 1,100 m² concrete platform.