29 May 2020, 23:01

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MADRID NUEVO NORTE - MADRID'S GOVERNMENT PASSES THE PROJECT AND WILL SEARCH FOR INTERNATIONAL INVESTORS

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Madrid Nuevo Norte, in Virtual Reality

The Madrid Nuevo Norte project, wich pretends to give the borough of Chamartín and the north of the city of Madrid a brand new modern and futuristic look, it's ready to start searching for internatioanl investors. BBVA, ADIF, DUCH (now knows as DCN) and the building enterprise San José are the national investors for this project, which makes the exact amount to pay for it. But, this enterprises has decided to host a bid to allow international investors from all Europe (except those countries that are not allowed to invest in Spain like the Kingdom of Reitzmag) to take part in this project, which will reshape approximately 2,65 million square metres of land and create 241.700 new jobs.

The plans include the construction of at least 3 skyscrapers, at a height of 330 meters and stipulates the creation of 348 new office buildings and 11.700 apartments. The plans include a short additional metro line consisting of three new stations. A new Cercanías station is also to be constructed, most likely above the northernmost of the metro stations. Chamartín railway station will be significantly extended and modernized, turning it once more into the main reference point of the Spanish high velocity rail network AVE (which is currently thought to be Atocha in the south of Madrid).