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[mateolevi2024]

The southeast of the capital continues to pick up speed . The Madrid City Council has already signed the award of the works for the new phases of the development of Valdecarros and in the coming days the execution of the urbanization works of the second and third phases will begin.

In these two new stages, a total of 10,793 homes will be built , which will be added to the 2,580 homes in the first phase, currently under development. All homes will begin construction in 2025.

José Luis Infanzón, general director of Public Space, Works and Chinese Student Phone Number List Infrastructure of the Madrid City Council; and Luis Roca de Togores, president of Valdecarros Madrid, have signed this October 2nd the act of rethinking the works of the two new phases. The second has been awarded to Dragados, and the third to a temporary union of companies between Acciona and Ortiz.

The budget for the new developments amounts to around 124 million euros , of which 70.8 million correspond to the second phase and the remaining 53.2 million to the third. The cost of the first three stages, including the first, which Ortiz is concluding, exceeds 150 million euros.



Valdecarros, a neighborhood with 50,000 new affordable homes
Under the Management Agreement signed in 2021, the first of the eight phases of urbanization has been underway since 2021 while the second and third stages will begin work imminently . l

The construction of these first three phases will begin in 2025 . In its first three stages, Valdecarros will put 13,580 affordable homes on the market, of which more than a third will be publicly owned.

After the municipal adaptation of the project, total investments in urbanization will rise to 1.8 billion euros. Adding construction costs, the new Madrid neighborhood could contribute more than 7.5 billion euros to the capital as a whole, and will create some 450,000 direct and indirect jobs.

Of the 51,000 houses that will be developed, at least 55% will have some type of protection, so that in the medium and long term the neighborhood will be the epicenter of affordable housing in the city.
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