The ‘Operation Chamartin’ has given rise to the project already known as Madrid new North that was presented in an official way only a few days ago. After more than 20 years of negotiations, this idea has already crystallized and now many people are wondering when they will be able to buy one of the 11,000 homes to be built in the ‘Madrid, Nuevo Norte’ project.
Well, for this, it must be taken into account that the consensus reached also implies a modification of the General Plan of Urban Planning, so it may be necessary to previously order a new partial plan or that the necessary modifications to be made are within the PGOU . If you opt for this last option would be the fastest route and would be by the end of 2019.
Once this time has elapsed, it would be necessary to take into account about four years of urbanization. So with total security the first dwellings would be inhabited in 2025 as soon. That is, we would be facing a medium-term project.
Characteristics of the project
The homes of the Madrid Nuevo Norte operation will be characterized by being present in up to five different execution zones. The first of these is the Chamartín station. The second would be the Business Center. The third area would be Fuencarral-Tres Olivos, the fourth Fuencarral-Malmea and the fifth the Las Tablas. Each zone will have independent building coefficients.
But the average height will be six heights. However, as we say, it is true that there may be exceptions in the case of building a building of a singular nature.
As we say this is a project that will start at the end of 2018 at best. That is to say, in the event that it is possible to save in term the period of public allegations of the General Plan of Urban Planning, being this ready by the end of 2019.
It would be then when you could start with the auction of plots and with the urbanization of the area which makes it possible to deliver the first homes in 2025, but the complete implementation of the plan will last about two decades.
A total of 11,000 homes will be built, of which 4,100 will be public. Of these public housing, 2,200 homes will be protected homes and there will be another 1,900 qualified as free.
Through this project, finally, will rise a real business city, which will occupy a million and a half square meters. After a time of discussion it has been concluded that the uses given are mixed so that, once the working day is over, the area will continue to have life. Of this 1.5 million square meters will be distributed between 1,200,000 for offices and 300,000 for residential use.
All this will be endowed with sports areas, restaurants and homes. The area of ??the city will be located south of the M-30 and it seems that among its first tenants will be the Municipal Transport Company (EMT), Adif and Renfe.
The office area will be concentrated in a single area with one objective: to attract investment. In this way a completely recognizable and compact zone will be created with the intention of attracting, as we say, foreign investment and positioning itself as an effective alternative to other countries.
The promotion of companies
Apparently, these homes will be promoted by BBVA and the promoter San José. Specifically, everything indicates that of the 11,000 homes in total that are to be built, 2,200 will be VP0 as we say and the remaining plots will have to see what the City Council uses to compensate landowners with alternative building rights to the road Of expropriation.
In addition, if the public management of the development of the purchase process and the public management itself is maintained, the rest of the promoters will be able to do so with plots through public auction carried out by the City of Madrid.
