The stadium was concessioned for 20 years to a company willing to invest in the remodeling, now it is known who the new managers are.
Several months ago a rumor arose that the historic Luna Park would close its doors at the end of the year. The news surprised everyone because it is one of the emblematic places of the city of Buenos Aires and where stars of sports, music, entertainment and art in general passed by. The stadium was concessioned for 20 years to a company willing to invest in the remodeling, now it is known who the new managers are.
Live Nation is the most important company in the world to promote the most important concerts and artists in the world, who is behind the tours of legendary bands like Coldplay, The Rolling Stonesamong others, in Argentina it is associated with DF Entertainmentit brought the international shows that marked the cultural agenda in recent years. Both entertainment companies won the concession and will manage Luna Park for the next 20 years.
What will the new Luna Park be like?
The company dedicated to the entertainment industry signed the agreement with the City Archbishopric and the Salesian Civil Association (which contemplates the possibility of renewing the concession for 20 more years) and announced the investment of 34 million dollars to remodel the place and compete with the Movistar Arena.
In this way, Luna Park will begin its remodeling in 2025 to achieve extend its capacity from 8,400 people to a capacity of 13,000 spectators.
The concert promotion company promised to generate profits of at least one million pesos per year. The news generated great expectations among the public, as it promises to bring international artists to the stadium located at Avenida Madero 470.
Source: Ambito
