News

Valgrande entrusts Arnaiz with the management of its Compensation Board and the reparcelling and urbanization projects.

Madrid, October 5th, 2021 – The Valgrande Compensation Board, the new urban development that completes Alcobendas to its border with Madrid, has entrusted the technical team of Arnaiz, a leading firm in urban planning and global real estate development, with the technical management of this undertaking.

Arnaiz will be in charge of the management of Valgrande Compensation Board, as well as the drafting the reparcelling project and the urbanization projects. Thus, the firm will continue to be linked to the project, whose technical and legal team had already developed the Partial Plan.

Valgrande is a new balanced and sustainable urban development to be executed in the S-1 area, located in Alcobendas. This action will create a new residential environment, which is integrated with the current city, in harmony and respect for the natural setting of the area. Among other features, it will increase the supply of affordable housing in the municipality – 8,600 homes will be created, 55% of them subsidized -, improve citizen services and expand the natural environment, with new green areas such as the central park of the Valdelacasa stream.

“At Arnaiz we are absolutely committed to the project to make it an urban development of reference in the Metropolitan Area of Madrid. We are very grateful to the Junta de Compensación for confirming in us and it is a great opportunity to collaborate with the expert municipal technical team”, said Luis Arnaiz, CEO of the firm Arnaiz.

For his part, the president of the Valgrande Compensation Board, José Hernández-Mora, explained that “the proven experience of Arnaiz in all areas of urban planning and real estate development, especially in projects located in the Community of Madrid, has been fundamental to entrust them with both the management of our Compensation Board and the reparcelling and urbanization of Valgrande, being its President, Leopoldo Arnaiz, the manager of the Compensation Board”.

 

About Arnaiz

Arnaiz is a leading firm in urban planning and global real estate development, offering a comprehensive and unique proposal in the market, with services that cover all phases of land transformation and its management, including the building process and real estate development. Arnaiz integrates in the market a consolidated experience since 1974, with international projects in more than 30 countries. The firm has expert teams of more than 100 professionals with extensive experience and knowledge in the fields of architecture, design, engineering, urban planning, technology, economics, land development, construction, legal and financial.

 

For further information:

ATREVIA

Carlos C. Ungría

cungria@atrevia.com

Mobile +34 672 44 70 65

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