Particle.news

Download on the App Store

Mar del Plata Moves Closer to Privatizing Iconic Sports Complex

The single bid from Minella Stadium SA advances with over $20 million pledged for modernization, pending council approval.

Overview

  • Minella Stadium SA, a consortium of Brazil's Revee and Argentina's Proenter, was the sole bidder for the 30-year concession of Mar del Plata's sports venues.
  • The proposal includes a $20 million investment to modernize the Estadio José María Minella, upgrade the Polideportivo Islas Malvinas, and develop surrounding entertainment zones.
  • The project features a full renovation of the 1978 World Cup stadium, new CONMEBOL-standard lighting, and retail, gaming, and gastronomy areas.
  • The bid has the endorsement of the Argentine Football Association (AFA), with plans for national teams to use the revamped stadium in the future.
  • Local clubs Aldosivi and Alvarado are preparing for temporary venue changes in 2026, as construction is expected to begin after this year.