Balearic Government Approves Construction of 500 New Homes in Palma’s Son Ferragut Urbanisation

17 October 2018 – Última Hora

On Wednesday, the Balearic Government will approve the construction of the urbanisation of Son Ferragut and will allow the development of 550 homes, as well as the opening of Salvador Hedilla park and of all the local roads. The urbanisation project was approved in 2002, but the economic crisis resulted in the suspension of the construction work in 2007 and it was not resumed again until 2014. During that time, there were some changes in ownership: the site went from being owned by Son Dameto Ibercor into the hands of Sa Nostra and is now owned by Sareb (the bad bank).

The Councillor for Town Planning, José Hila, explained that after the approval by the Government, the property developers will be notified about the agreement; next, the reception certificate will be signed and Cort will be able to take charge of the maintenance of the roads and amenities. Nevertheless, the councillor said that the maintenance of the green space will be performed by the conservation entity that is going to be constituted for that purpose, until 50% of the planned buildings have been constructed. Hila believes that the bad bank will have no problems selling this land and highlights the importance of increasing the stock of housing in Palma by 500 units. Nevertheless, he clarified that none of the homes will be public because the legislation did not require that in 2002.

The Son Ferragut plot spans 110,000 m2, of which 31,000 m2 may be used for new homes, with a buildability of 78,000 m2. The forecast is for 500 homes to be built, with one area for multi-family homes, comprising a ground floor and four above-ground storeys, and another area for single-family homes; a maximum of 1,646 people will be able to live on the site. The remaining 79,000 m2 will be decided into several plots, which may house different facilities: one for education (a plot has been ceded to the Government for a school), one for sport (there is a sports centre, which will be opened once the services are provided) and a free public green space spanning 10,000 m2.

Original story: Última Hora (by A. Mateos)

Translation: Carmel Drake

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