In addition to being the stage of three Confederations Cup matches and five World Cup games, the Pernambuco Arena has served to add value to local football and draw the eyes of the world onto the state. However, the stadium is more than just a football venue, it is the initial landmark of a new urban centre in the region. The stadium was built in the west metropolitan area of Recife, an area that also borders the municipalities of São Lourenço da Mata, Camaragibe and Jaboatão dos Guararapes.
According to 2012 data from the Brazilian Institute of Geography and Statistics (IBGE), the Recife metropolitan region is today home to over 3.7 million people. The area will also house a new neighbourhood, the World Cup City.
The stadium takes up 35 hectares of the 242 set aside for the World Cup City project in São Lourenço da Mata. Approximately R$ 1 billion in investment is expected to be made by the private sector throughout the next 20 years. The place is able to cater for 4.5 thousand households, dozens of office towers, a university campus, a gymnasium for 10 thousand people, a shopping centre, hotels and supermarkets. The project also anticipates the use of areas by the side of the Capibaribe River for leisure and over half of the land will be put aside for open spaces, protecting the vegetation. The place will also have exclusive cycle lanes and pedestrians will have right of way.