The general length of the bridge is 290 meters. Their construction lasted about two years and ended in May 2008. In a few months after the opening of the bridge, its construction was completed with the illumination system. The multi-colored LED lamps were installed in the exhausts. It was the gift for the city on the occasion of the New Year. Now the city guests and the locals can graze on the brightly lit bridge every day. To the holidays it is always adorned. For the inhabitants of Sao Paulo, the bridge became an important national landmark.
The bridge was named in honor of Octavio Frias de Oliveira - one of the most influential Brazilian statesmen and the founder of the Fola de Sao Paulo newspaper. It is remarkable that the locals rarely name the bridge with the official name and prefer the shorter and more audible title 'Ponte Estaida', which can be translated as 'Hängebrücke'. The bridge on the Pineiros River is a major traffic intersection. In traffic, about 5,000 cars cross the bridge every 60 minutes.
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