Madrid North North progresses with the creation of a Management Commission to raise 7,000 homes

The owners of the urban area Madrid North North, one of the largest urban projects in Europe, have been the Management Commission of Malmea-San Roque-Tres Olivo

Madrid North North progresses with the creation of a Management Commission to raise 7,000 homes

The owners of the urban area Madrid North North, one of the largest urban projects in Europe, have been the Management Commission of Malmea-San Roque-Tres Olivos, which plans to build more than 7,000 homes, 20% of them with public protection.

According to North Castellana District (DCN) in a statement, it is another "important landmark" at the Urban Management Stage of Madrid North North, as it will make it possible to start working on the elaboration of the Bases and Statutes of the Future Board of compensation.

This Board will be responsible for drafting the project of repair and managing and paying urbanization works, as well as in the drafting of the project of urbanization of APE 08.20, document that will define the execution of the works of the scope and that must be subsequently Approved by the City Council.

The Commission has been constituted by 193 owners, which represent more than 55% of land ownership, "gathering a wide sample of the heterogeneity of the property of this area", with individuals, industrial owners or real estate promoters, becoming open to New additions.

The Malmea-San Roque-Tres Olivos, with an area of 1,029,647 square meters, has a total buildability of 965,321 square meters, with offices, businesses and homes, with more than 20% of this residential buildability destined to housing Protected In total, more than 7,000 homes with commerce on the ground floor.

In this sense, the Aedas Homes promoter owns a part of the soil with a surface in its portfolio to raise a first promotion of 200 homes. This acquisition, made a few months ago, is in line with the strategy of the individual soil purchase company in high demand locations.

The constitution of this Gestora Commission, which integrates Aedas Homes, is the first step for the drafting of the urbanization project and the execution of the planning of this sector, in coordination with the 3rd sectors (Chamartin station, Business center Chamartín and the west tables) of Madrid North North.

Updated Date: 08 November 2021, 03:28

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