Allianz Parque has become one of the most modern multi-purpose arenas in Latin America since it was built in 2014 by WTorre Properties. The stadium is located at the same place of the old Palestra Itália Stadium with a capacity of more than forty thousand spectators.
The stadium not just meets FIFA standards but was also awarded various prizes including the Master Award in the 11th edition of the Grand Prize for Corporate Architecture, the Accessibility Seal, delivered by the Permanent Accessibility Commission (CPA), and the "Environmental Management of the Surroundings of the Work" award, at the 3rd Health and Safety at Work Seconci Award.
