Madrid City Council approves Valdebebas shopping center and Real Madrid land reclassification

Valdebebas Shopping Real Madrid urban planning Madrid real estate General de Galerías Comerciales

The Madrid City Council has granted initial approval for the urban planning framework required to develop Valdebebas Shopping, which is projected to be one of the largest shopping centers in Spain. The project is being promoted by General de Galerías Comerciales (GGC), a real estate firm controlled by Tomás Olivo. The development will take place on approximately 145,800 square meters of land located near Barajas Airport.

This urban development coincides with a separate major project involving Real Madrid. The City Council has also approved the reclassification of land at the club's sports city in Valdebebas, allowing for the construction of a campus featuring offices, hotels, and commercial facilities. This reclassification is estimated to generate approximately 185 million euros in capital gains for Real Madrid.

Entities

General de Galerías Comerciales · Madrid City Council · Real Madrid · Tomás Olivo · Valdebebas

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] The Madrid City Council approved the reclassification of land near the Real Madrid sports city for office, hotel, and commercial use. www.eldia.es · www.lacronicabadajoz.com · www.elperiodicoextremadura.com
[● 3 SOURCES] General de Galerías Comerciales (GGC) is the promoter of the Valdebebas Shopping project. www.eldia.es · www.lacronicabadajoz.com · www.elperiodicoextremadura.com
[● 3 SOURCES] GGC acquired the project lands in 2020 for approximately 55 million euros. www.eldia.es · www.lacronicabadajoz.com · www.elperiodicoextremadura.com
[● 3 SOURCES] The Madrid City Council has granted initial approval for the urban planning of the Valdebebas Shopping project. www.eldia.es · www.lacronicabadajoz.com · www.elperiodicoextremadura.com
[● 3 SOURCES] The land reclassification is expected to generate approximately 185 million euros in capital gains for Real Madrid. www.eldia.es · www.lacronicabadajoz.com · www.elperiodicoextremadura.com

Sources

La solución para pagar menos por una plaza de garaje en Madrid: compartirla con otro conductor [www.eldiariodemadrid.es]

8 days ago

Aprobación inicial del centro comercial Valdebebas: 7. 000 plazas de parking y rampas sobre el arroyo Valdefuentes [www.que.madrid]

9 days ago

Almeida aprueba las bases para la construcción del mayor centro comercial de la ciudad junto a la recién recalificada ciudad deportiva del Real Madrid [www.eldia.es]

10 days ago

Almeida aprueba las bases para la construcción del mayor centro comercial de la ciudad junto a la recién recalificada ciudad deportiva del Real Madrid [www.lacronicabadajoz.com]

10 days ago

Almeida aprueba las bases para la construcción del mayor centro comercial de la ciudad junto a la recién recalificada ciudad deportiva del Real Madrid [www.elcorreoweb.es]

10 days ago

Almeida aprueba las bases para la construcción del mayor centro comercial de la ciudad junto a la recién recalificada ciudad deportiva del Real Madrid [www.elperiodicoextremadura.com]

10 days ago

Almeida aprueba las bases para la construcción del mayor centro comercial de la ciudad junto a la recién recalificada ciudad deportiva del Real Madrid [www.laopinioncoruna.es]

10 days ago