摘要:The City of São Paulo has a legal instrument called Urban Operation, which allows a developer to build above the statutory limit within the Master Plan in exchange for buying municipal bonds. Therefore, this revenue is allocated towards infrastructure improvements within the UO area.The Batata Square Urban Renewal Project, described in this paper, is part of the “Faria Lima Urban Operation” and its main goal is to revamp an extremely deteriorated area previously occupied by a disorganized and unsafe bus terminal and a busy but illegal street market.The project main objectives are the creation of large open space areas, the strengthening of the activity centre through intermodal transport integration and to encourage private investment in both residential and commercial buildings. Due to the construction of a new metro station (Faria Lima Station) and the need to relocate the existing Bus Terminal, the project area was extended resulting in a new Bus Terminal adjacent to the metro and the commuter train station called Pinheiros Station.The main proposals for each area were: (1) Batata Square: New Public Space Areas (parks, expositions and performances by artists, new public lighting and pedestrian areas) and street improvements; (2) Pinheiros Bus Terminal: Bus terminal for municipal and metropolitan buses, integration with the metro and the commuter train stations, underground parking lot and ‘kiss & ride’ area; and (3) Connecting Area: Increase local street capacity, footpath renewal and landscaping.