16 October 2018 – Inmodiario
The Town Hall of Madrid has agreed to submit to public information the Advance documents detailing two Modifications to the General Plan for four areas belonging to the developments in the south-east: Valdecarros-Cantiles de Manzanares, with a surface area of 1,928 hectares, and Los Cerros-Ensanche de San Fernando, with a surface area of 494 hectares. The main objective of these documents is to adjust urban growth to the real needs of the city, establishing a new framework for the economic, social and environmental feasibility of future developments.
Moreover, the documents prioritise the defence of the general interest of the city in two senses:
They ensure the environmental values of certain areas in the aforementioned zones through the classification of the land.
They increase the economic guarantees and legal commitments of the private management and execution, and they ensure the implementation of facilities, services and infrastructure to the real capacities of the public administrations.
The economic and legal guarantees affect the public and private agents. On the one hand, the capacity of private players to carry out the investment necessary to manage and urbanise and, on the other hand, the public capacity to implement services and amenities.
To streamline the use of the land, a new land classification system has been established for these areas, which allows for their gradual planning and development, in smaller sections. In this way, the urban planning documents program smaller execution units to ensure the production of land for homes, economic activities and amenities in timeframes that match the needs of the city. In this way, the future developments may be adapted to social, economic, technological and environmental changes that evolve in the future, and will avoid the execution of urbanisations and the inappropriate or unnecessary regulation of buildings.
The result of the land reclassification is 2,422 buildable hectares (…).
In total, the potential capacity of the land in Los Cerros and Ensanches de San Fernando decreases by 28.45%, from 14,900 to 10,700 in terms of the number of homes, and by 23.70%, from 570,000 m2 to 440,000 m2 in terms of the buildable surface area for economic activities.
The first development is scheduled for 2022 in the north of the region (….).
Original story: Inmodiario
Translation: Carmel Drake