BCA: How one Architecture Studio Became a Leading Player in Barcelona’s 22@ District

7 May 2018 – Eje Prime

Albert Blanch and Merche Conca founded BCA in 1994 without a portfolio of clients and working from the living room at home. 25 years later, the architecture studio is a leading player in Barcelona, where it has carried out projects with Socimis and funds such as Colonial, Lar and Blackstone, and has generated an assembly line in which thirty of its own professionals work on 45 projects each year. That number is the average that Blanch likes working with – “fifteen projects coming in, fifteen underway and fifteen being completed”, says the architect – who, from his office in the Sant Gervasi-Galvany neighbourhood, confirms to Eje Prime that, “when projects don’t come to your door, you have to go and look for them”. It was this approach that enabled BCA to overcome the crisis without leaving Barcelona and to grow its turnover by 200% over the last few years.

Proof of this is its presence in the 22@ district, the new fashionable neighbourhood for the tertiary sector in Barcelona. In the so-called technological hub of the Catalan capital, a melting pot for large office projects being developed in the city, BCA has worked on fifteen jobs, including the Cornerstone building, the UA1 property and Torre Pujades (…).

But in order to handle this volume of buildings in the most rapidly growing prime area of Barcelona, BCA has had to win the trust of various real estate players over the last two decades. Once again, Blanch refers to his motto of not waiting for the opportunities to come to you. In this way, he and Conca launched their studio with clients that were “very important but with very small projects, including several in the banking sector”, says the architect. Leading entities in Cataluña such as La Caixa and Banco Sabadell backed their firm, which started out designing bank branches, “a product that its very limited from an architectural point of view but for which there was a lot of demand at that time and that guaranteed us income to allow us to survive”, adds Blanch.

That specialisation carried out by BCA also boosted the growth of the studio. Heads of the banks that they worked with recommended Blanch and Conca to their superiors for most high-profile projects such as entire buildings and regional offices, but “combining these larger jobs with the bank branches, that was our formula for success”, says the architect.

The remodelling of Vía Augusta, 21 for Colonial launched them into the office sector 

The next success story came with the complete remodelling of a building owned by Colonial on the corner of Vía Augusta and Diagonal, in the heart of Barcelona. That project, which was completed in 2000, “really put us on the map in the office sector”, says Blanch. More than one property developer and fund called at BCA’s door after that and allowed the firm to participate in larger projects (…).

Following the building on Vía Augusta 21, many more projects emerged, mainly in Cataluña but also in Madrid, the Community of Valencia, Navarra, Murcia, the Canary Islands and Aragón. And BCA does not only survive on offices. The studio also carries out projects in the residential, hotel, facilities and urban planning sectors (…).

Like many other large architecture studios, BCA has also undertaken work at airports. The firm won a public tender to expand Terminal C at El Prat (…).

Original story: Eje Prime (by J. Izquierdo)

Translation: Carmel Drake

A French Group Competes with Ifema to Resurrect Madrid’s Palacio de Congresos

2 January 2018 – El Confidencial

The French group GL Events (which manages more than 40 centres around the world specialising in business events, fairs and conferences) and Feria de Madrid (Ifema) are bidding hard to resurrect the abandoned ‘Palacio de Exposiciones y Congresos’ in Madrid, located at number 99 Paseo de la Castellana, right opposite the Santiago Bernabeú stadium. In July, the French group notified Turespaña (which forms part of the Ministry of Energy, Tourism and the Digital Agenda) that it was willing to invest €40 million in a first phase to restore the property and make it viable in exchange for a 30-year concession.

GL Events has already met with experts from the Secretary of State for Tourism’s team and its Chairman is expected to travel from France to Madrid over the next few weeks to meet with the Secretary of State herself, Matilde Pastora Asían González. Nevertheless, sources close to El Confidencial have reported that Ifema (a consortium between the Town Hall of Madrid, the Community of Madrid, the Chamber of Commerce and Industry and the Fundación Obra Social y Monte Piedad de Madrid) have taken the lead in this race and have already signed a pre-agreement with the Ministry of Tourism to invest more than the French firm has offered in exchange for managing the property for 50 years.

Madrid Foro Empresarial, which has been asking the public administrations to bring the complex back to life for some time now, given that the capital “needs more spaces to promote new fairs and conferences”, is now asking Turespaña “to convene an international public tender to allow the property to be managed by the best conference operator possible (…)”.

If Ifema does end up taking over the management of the property on Paseo de la Castellana, then it would have a monopoly on the Community of Madrid’s event, fair and conference spaces. Besides the exhibition halls that it already manages in Campo de las Naciones, Ifema has also signed another agreement with the capital’s Town Hall to operate the Palacio Municipal de Congresos, located right next to Ifema’s facilities, for 25 years (…).

In this way, Ifema would control all of the larges spaces in the capital: the exhibition halls, the municipal hall (‘el Palacio Municipal’) and the conference hall (‘el Palacio de Congresos’) on the Castellana. But as Marc Rodríguez, Director General of GL Events in Spain, (…) explained, his firm is still planning to present its proposal to operate the Madrilenian hall if a public tender is organised in the end. “We are a solvent financial operator with experience in the sector. Our construction project would last for 18 months and our initial investment would be €40 million”. The French group recorded revenues of €953 million in 2016 and employs almost 4,000 people. It also manages the Centro de Convencions Internacional de Barcelona (CCIB), whose concession period ends in November 2021 (…).

Original story: El Confidencial (by David Fernández)

Translation: Carmel Drake

Cordish Intensifies Its Commitment To Its Mega Project In Madrid

21 March 2017 – Expansión

The implementation of a waste plant next to the site and a request for more information from the Community of Madrid have not deterred the US group Cordish in its plans to invest €2,000 million on the construction of the largest tourist and leisure complex in Europe.

Last December, Cordish, a US group with operations in the urban planning, health and leisure resorts business, unveiled its plans for a mega real estate project in Madrid, which includes 2,700 hotel rooms, 100,000 m2 of retail space, three conference centres, cinemas and a leisure space with casino.

With a view to its implementation, Cordish has signed agreements to buy land in the area (up to 134 hectares). (…).

In parallel, Cordish is working with the Community of Madrid on a process that will allow it to be awarded the contract to build this project. Although the idea came from the US group, given that it has constructed similar tourist complexes in several cities in the USA, the regional Government is obliged to put its construction out to public tender, even though, it is likely that only Cordish will submit a bid. (…).

Recycling plant

(…). Weeks after the plans were submitted, approval was given for the opening of a new waste treatment plant, measuring 507,000 m2, between the towns of Torrejón de Ardoz, Loeches and Torres de la Alameda, which is exactly where the macro-complex was going to be located.

Nevertheless, Cordish considers that its plans for Live! Resort Madrid are “completely compatible” with the new plant.

“This recycling plant will be equipped with the latest technology and will be located 2 km from the edge of the leisure complex and on the other side of the AVE train tracks. In fact, Cordish understands that this plant is going to be the solution to the historical problem facing the Community of Madrid in terms of waste management and considers that both projects can co-exist and will even be beneficial for each other”, explain sources at the company.

During its initial phase, Life! Resorts Madrid will invest around €500 million. This first phase will be focused around a central square, where a hotel will be built, a convention centre and “probably” the gaming area.

In total, Cordish expects to spend around €2,200 million in Madrid, although that figure could increase to €3,000 million.

Original story: Expansión (by Rocío Ruiz)

Translation: Carmel Drake

SEA Sells 43,141m2 Of Industrial Land For €2.1M

25 April 2016 – El Economista

The public company Suelo Empresarial del Atlántico (SEA), owned by the Ministry of Development, through Sepas, has sold 43,141 m2 of industrial land as the result of a public tender that was convened at the beginning of the year.

According to the Ministry of Development, a new public auction was convened at the beginning of the year whose result has involved the sale of 15 new plots of land for €2.1 million.

The company has just approved its annual accounts for 2015, with a positive net result of €431,044.

According to the data published, the company has sold 28 plots in total, spread across 10 business parks, with a combined surface area of 81,087.96 m2, for €3.6 million.

Original story: El Economista

Translation: Carmel Drake