Paulista Avenue

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Description:
Paulista Avenue (Avenida Paulista in Portuguese, Paulista being the gentilic for those born in São Paulo state) is one of the most important avenues in São Paulo, Brazil. The 2.8 kilometre thoroughfare is notable for headquartering a large number of financial and cultural institutions, as well as being home to an extensive shopping area and to Latin America's most comprehensive fine-art museum, MASP. Since the 1960s, the avenue has been identified as one of the main business centers in the city. Being one of the highest points in São Paulo, it is distinctively clustered with radio and TV stations antennae, such as Gazeta's. The road is served by a subway line and many major bus routes. The avenue, which was inaugurated in December 1891, is generally regarded as the most expensive real estate anywhere in Latin America.



Overview

Once a residential neighbourhood thoroughfare flanked by lavishly ornate mansions with Arabesque and European themes of the city's coffee barons and industry entrepreneurs such as the Matarazzo family, the avenue has undergone a massive verticalization from the 1950s on. Impressive Neo-Classic, Hindu-style and Middle Eastern architectonic structures were then illegally torn down overnight as a precaution against fiscalization or resistance from the population, basically students and artists, who would dare to promote protests during a military-ruled area. The only...
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