The Caleido tower will accommodate over its 36 floors a new campus of the Instituto de Empresa (IE) with a capacity for 6,000 students, a top rate health centre, specialising in sports medicine, as well as general medicine, a commercial area with entertainment and services and a large green space covering an area of 33,300 m2 .
The sites, property of the Ayuntamiento de Madrid (Madrid Council), have been ceded to the company Inmobiliaria Espacio, subsidiary of the Villar-Mir group, through Espacio Caleido SAU, by means of a surface right for the construction and development of the future building complex for the next 75 years, with an annual rent of 4 million euros. Situated in the heart of the financial district, Cuatro Torres de Madrid, the project for Caleido has been drawn up by the Fenwick Iribarren and Serrano-Suñer Arquitectural studio. With a building potential spread over 70,000m2 and a height of 181 metres, it is predicted that the space will be divided between two different sized buildings: a 161-metre-high tower and a separate four storey building 20 metres high. The end of the project is expected between the third and fourth trimester of 2019, depending on how long is needed to process the necessary licenses. As regards the planned usage of the buildings, the university centre will occupy 48,000 m2, the health centre 11,000 m2 and 11.000 m2 destined for tertiary uses. With respect to the actual buildings, the total potential building area of the tower is 32,148 m2 and the second building 37,852 m2.
The University Centre will occupy the whole of the tower and half of the second building, which will also accommodate the health centre in the northern half. Both installations will have separate access, and will therefore be functionally independent.