In 2019, when Ford shut down its auto plant in São Bernardo do Campo, on the outskirts of São Paulo, it marked the end of an era. Almost exactly 100 years earlier, Henry Ford, trying to dodge a British monopoly on rubber, founded Fordlândia deep in the Brazilian Amazon. Beset by tropical pests and worker revolts, the project failed, and the town was abandoned in 1934. Today, tourists can visit the derelict rubber operation in Pará state. In São Bernardo, the corporate ruins are not open to the public, but in mid-February, this reporter got a tour.
Picking his way through piles of broken concrete, abandoned hard hats, and cracked safety goggles in suede designer shoes, Mauro Cunha Silvestri swept his hand over a horizon of midcentury buildings as he explained how he "hunts” for old manufacturing sites to transform into luxury high-rises and shopping malls.
São Bernardo's residents described the closure of the Ford plant, which employed some 2,700 workers, as a “trauma” and a “psychological hit” in interviews. For Silvestri, a partner at developer Construtora São José, it's a dazzling opportunity.
Denne historien er fra April 18 - 25, 2022 (Double Issue)-utgaven av Bloomberg Businessweek.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra April 18 - 25, 2022 (Double Issue)-utgaven av Bloomberg Businessweek.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers