Spain’s biggest ever urban development halted

The €6 billion Operation Chamartín in Madrid, which included 17,000 new homes, has been halted after missing an approval deadline

LAST UPDATED: 23 May, 2015 @ 23:03
1
SHARE

Urban developmentTHE biggest urban development project ever seen in Spain has been stopped dead in its tracks.

The €6 billion Operation Chamartín in Madrid, which included 17,000 new homes, has been halted after missing an approval deadline.

Set ahead of the local elections on May 24, now the project will have to sit on the back burner until long after the votes are counted, and can reapply for approval in November.

The project aims to revitalise the area around Chamartín with 20 residential tower blocks of some 20 stories high and an extension to the railway line to Chamartín.



Gib Rocks - the magazine for Gibraltar

Subscribe: Olive Press news to your inbox

JOIN THE CONVERSATION...

  1. Oh dear Madrid! Maybe the 17,000 homes were not needed in reality, hope it’s not another of their white elephants, huge glut for sale all over Spain need buying first. Longer commute though. Lol

HAVE YOUR SAY...