Work Begins on the First 142 Homes in Hacienda del Rosario (Sevilla)

8 January 2018 – Emvisesa

Today, the mayor of Sevilla, Juan Espadas, together with the representative for Urban Habitats, Culture and Tourism, Antonio Muñoz, the representative for the Este-Alcosa-Torreblanca District, Adela Castaño and the manager of Emvisesa, Felipe Castro, have visited the new housing development in Jardines de Hacienda del Rosario (Sevilla), where the first 142 homes are now being built on a site where more than 2,000 new homes are planned. In total, the urban development planned in the PGOU affects more than 460,000 m2 of space including residential land, open spaces, green areas and other facilities.

“This development shows that the large projects planned in the PGOU are being unblocked and that the housing sector is reactivating, which should contribute to the city through new developments and renovations to generate opportunities, especially for young people, to reduce unemployment and to increase the population registered in Sevilla. It must always be done in a sustainable and balanced way”, said the mayor of Sevilla, who highlighted that the model also includes a mix of private and subsidised homes, like in the case of Hacienda del Rosario. Of the 2,000 homes planned there, 824 will be social housing properties.

The urban development has been initiated by Aedas Homes, with the first of seven private residential buildings, inside a residential complex with more than 33,000 m2 of open space, including garden areas, a social club and children’s play areas. In total, 142 of the 1,000 homes planned are being constructed and the idea is that these first properties will be handed over at the beginning of 2019.

This same urban development is one of those included in the strategy to urgently expand the public stock of homes designed by Emvisesa with the aim of building 1,000 social housing properties over the next few years. To this end, the paperwork has been started by the Urban Planning Department to grant Evisesa the first plot in Hacienda del Rosario so that it can build 218 subsidised homes there on the plot measuring 9,044 m2.

Juan Espadas has confirmed that Emvisesa’s Board of Directors has already given the green light to the provision by the Urban Planning Department of a plot for the construction of a first set of 218 homes at affordable prices, to be constructed and promoted by Emvisesa. Therefore, there will be a harmonious development of affordable and private housing, like has been seen in other neighbourhoods in the city.

“Many projects are being unblocked, which reflects the economic reactivation that is being achieved in the city”, explains the mayor of Sevilla. In fact, the volume of building permits granted in 2017 exceeded €230 million, almost double the volume granted in the previous year. Moreover, more than 1,000 housing licences were granted, equivalent to the sum of all of those granted in the years 2011, 2012, 2013 and 2014.

In this sense, the mayor highlighted the importance of the definitive approval at the recent Plenary of the modification to the Ordinance Regulating Construction Work and Activity (OROA) issued by the Town Hall of Sevilla to streamline the procedures and facilitate the opening of new projects in the city, as well as the process that is entering its final phase to unify the services of Urban Planning and the Environment.

Original story: Emvisesa

Translation: Carmel Drake

Lar España Invests €53M In Shopping Centre In Sagunto

29 September 2016 – Mis Locales

Lar España Real Estate has presented its plans for “VidaNova Parc”, a new project in which it plans to invest €53 million and which will open its doors in 2018.

VidaNova Parc has been presented with a surface area of 120,000 sqm, of which 44,000 sqm corresponds to the gross leasable area and the rest to open spaces, roads, gardens and parking spaces. It is being created to bridge a gap in the current market and will become a unique shopping centre and family leisure complex in its immediate environment. Around 250,000 inhabitants live in its catchment area (…).

Lar España’s investment in the project is expected to amount to €53 million, in addition to another €40 million that the operators moving into the shopping centre will have to invest. The complex will open its doors in 2018.

The site has a leasable surface area of 44,000 sqm.

With the launch of the construction work at VidaNova Parc, the first operators in the main consumer sectors have already been confirmed, including Leroy Merlín, Decathlon, C&A, Worten, Norauto, Burger King and Fifty Factory (Cortefiel Group). They will be joined by more than thirty brands….in this new shopping centre and leisure park. In addition, the centre will have 2,300 parking spaces.

José Manuel Llovet, Head of the Retail Area at Lar España Real Estate, has highlighted the strong presence of the company in the country through its ten shopping and leisure centres and the two projects that it has under construction. “Our mission, which is a major business priority, is to consolidate our activity in Spain; we want to grow with it, generate wealth, promote employment, and whereby boost the sector and innovate in the field of shopping and leisure”.

Original story: Mis Locales

Translation: Carmel Drake