The soil dance in Madrid Nuevo Norte intensifies. Smarttia has brought for sale a large stock exchange in which it is the largest urban development in Europe. Specifically, the operation, baptized as Numa Project, has been commissioned to the consultant CBRE.
Smarttia re residential Madrid Nuevo Norte, SLL More than 30,000 m2 of surface with main residential use, in the area of Malmea San Roque three olive trees.
The company was positioned in Madrid Nuevo Norte at the end of 2016 And since that time he has been working on the development of the soil. Once the MPPGOU MADRID was permanently approved in 2020, the Management Commission was constituted in order to boost the scope of Malmea San Roque three olive trees in which the plot is located.
The company is a founding member of the Management Commission and is represented by Alejandro García. Smarttia plans the sale of society with a milestone structure until the transformation of the soil to the finalistwhich is planned for the year 2028.
“In this way, the buyer can select the location, within the scope, which best suits their project and can be working on their development in parallel to the completion of urban development and, in this way, initiate construction, without delays, when the compensation project is registered,” they stand out from the company.
“Numa project stands out for its exceptional location In an area of natural expansion to northern Madrid, within a pioneering project in Europe in urban regeneration and sustainability. Thus, the consolidation of this project presents a unique opportunity for national and foreign investors looking for a high value asset in a privileged location, “explains the CEO of Smarttia, Manuel García.
This operation goes to the market after a historic milestone: The transmission of Adif and Renfe soils to the promoter of the CREA MNN project. This operation was signed last December giving the definitive departure gun to the popularly known as Chamartín operation after 30 years of blocking.
The company participated by BBVA, Merlin and Sanjose acquired approximately 50% of the soils and urban uses (more than 1 million square meters) that will be transformed to give rise to Madrid Nuevo Norte, a new neighborhood that will inject 10,500 homes, 400,000 m2 of green areas and a new business center which will change the city’s skyline with 10 new skyscrapers and a lot of commercial area in the basements of the buildings.
After this step it is expected that there will be more movements of sale of soils, especially in the area of Malmea, where there are a greater number of small owners who will not count or will not want to deal with the necessary resources that must be allocated to urbanize the scope, which will give way to the entry of promoters.
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