Nelson Quintas Invests €16.5 Million in Porto

28 July 2020 – The Nelson Quintas group is building two structures on Rua Manuel Pinto de Azevedo, an office building and a parking tower. The firm also recently opened the São Bento Residences, the controversial tourist project located next to Porto’s iconic railway station, in a total investment of 16.5 million euros.

The two new buildings will host offices, shops and parking for 175 vehicles, in an investment of 12.5 million euros. It will be located on Rua Manuel Pinto de Azevedo, across from Avenida Antunes Guimarães. Architects have designed a glazed office building, which will have a gross leasable area of 2,600 square meters.

On the other side of the city, the €4-million São Bento Residences was built on Avenida D. Afonso Henriques, a few meters away from Avenida dos Aliados, the Sé Cathedral and the Luís I bridge. Located right next to the São Bento Railway Station, at the intersection between Rua do Loureiro and Avenida D. Afonso Henriques, the project sought to create “a conceptual connection between the 18th and 21st centuries.” Designed by Nuno Grande, the São Bento Residences is composed of 16 short-term rental flats, including studios and one-bedroom units. The restaurant The Good Burger, a hamburger chain owned by the Spanish group Restalia, operates on the ground floor.

Original Story: Jornal de Negócios – Rui Neves

Translation/Summary: Richard D. Turner

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