20 December 2017 – Eje Prime
The Town Hall of Córdoba has authorised the installation of a large retail space, with an investment of €30 million, after three years of paperwork.
Rabanales 21 has finally been given the green light to open a shopping centre on its site. Rabanales Plaza could finally become a reality after three years of paperwork and institutional obstacles. On Tuesday, the plenary session of the Town Hall of Córdoba approved a change to the General Urban Development Plan (PGOU), which will allow the installation of a commercial complex in the Cordoban technological park, according to ABC Sevilla.
In total, €30 million will be invested in Rabanales Plaza, which is expected to generate 400 new jobs. The plot for the new complex spans 18,000 m2. The owners of the complex tried to build a commercial business in the city in 2015, on the Las Quemadas plots, but the crisis put an end to that venture.
Now, and after the technological estate filed for creditor pre-bankruptcy in February, the Town Hall has accepted the opening of a new retail centre, for whose land Rabanales 21 will receive €1.5 million.
Original story: Eje Prime
Translation: Carmel Drake