Metrovacesa has made the presentation and laying of the first stone of the first phase of its Alma development, located in the Cuartel de Mondragones sector of Granada. During the event, Marifrán Carazo, Mayor of Granada; Jorge Pérez de Leza, CEO of Metrovacesa; and other company officials, described the characteristics of the project which seeks to revitalise a historic enclave.
The investment for the two phases of the developer's first development in Granada will amount to 54 million euros. The company, which has one of the largest land portfolios of any listed developer in Spain, is focusing its efforts on sustainable urban development. This includes the implementation of measures to improve the quality of life of future owners, such as obtaining high energy ratings and adopting construction solutions that reduce the carbon footprint.
On the plots acquired by Metrovacesa from the Junta de Andalucía in February 2023, totalling 6,330 sqm of developable residential use, more than 500 new homes are planned for construction. The ALMA development will include 193 free housing units in two phases, in addition to 317 units of subsidised housing to be promoted by the Junta de Andalucía and the City Council.
Work has already begun on the first phase of Alma, offering 59 multi-family dwellings with between two and four bedrooms, which will have private gardens, penthouses, parking spaces, storage rooms, children's play areas, green areas, swimming pool and a gourmet meeting space. Furthermore, the development will incorporate additional sustainable measures in addition to current regulations, such as Green Seal certifications and compliance with the developer's Domun Commitment, as well as its Life Cycle Assessment (LCA) tool, which evaluates the environmental impact of the development in all its phases.
With the good reception of Alma's first phase in the market, Metrovacesa has already started marketing the second phase, which will add 134 additional multi-family homes with between one and four bedrooms.
