The Madrid City Council has put up for sale, through an open tender, two attractive plots of land for tertiary use in the Valdebebas area, in the Hortaleza district, just three days after the presentation of the capital's Formula 1 Grand Prix, which will take place from 2019 will be 2026 and whose route will pass through the area. One of the properties is located on the corner of Fuerzas Armadas Avenue and Francisco Umbral Street, next to the so-called Valdedebas corner of the future racetrack. As the capital city council announced last Friday, the deadline for interested parties to submit their offers ends in March. The two properties cover 16 hectares, more than 160,000 square meters, equivalent to 16 football fields, and are worth 117 million euros.
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They are spread over two properties, both in the airport town of Valdebebas. Lot 1 offers a plot of land with a buildable area of 109,677 square meters at Leandro Silvia Street 29 north of the settlement, while Lot 2 offers a plot of 50,488 square meters that can be built on Avenida de las Fuerzas. Armed, 270, just around the bend. The lot 1 property has a base bid price of 75.4 million euros and that of lot 2 41.4 million euros. It is at this point that the street circuit makes a 180-degree turn, called the Valdebebas Curve, according to the preliminary layout released last Tuesday.
The preliminary project for the Madrid circuit, which is still pending approval by the International Automobile Federation (FIA), envisages a length of 5,474 km, 20 corners, eight flyovers, two tunnels, four overtaking points, a spectacular corner and speed peaks of up to 300 kilometers per hour. The route would use the streets of Ifema Madrid, both from the current location and the future ones from the Valdebebas property, as well as 1.5 kilometers of public roads.
The sale includes a preliminary and a final guarantee for the buyer, in both cases of 5%. On the other hand, the tenderer is obliged to maintain the offer made until the contract is formalized and cannot change it after the tender has been advertised, as established by the Public Procurement Law. The deadline for submitting tenders will be extended until midnight on March 26, following publication in the Official Gazette of the Community of Madrid (BOCM).
And what can be built there? Tertiary use includes all economic activities that provide services to the population, i.e. offices, theaters, leisure spaces, administrative buildings, retail stores, hotels, public parking lots and garages… Use for residential purposes is not permitted, that is, houses cannot be built become.
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In the file, city planning explains that the land intended for sale is undeveloped and the uses specified in urban planning have not come about. “This requires that the City Council of Madrid develop the necessary measures to complete the urban development management of these lands by putting these lands on the market in order to achieve an effective implementation of the uses of the corresponding building,” the consistory justified. Furthermore, they would add that the sale of 160,166 buildable square meters between the two properties would have “a significant impact on the tertiary market in the area and stimulate the economic activity of the Airport City-Valdebebas Park area.”
More Madrid is already seeing the shadow of the ball and nepotism, just as it happened with Formula 1 in Valencia, where it left a huge hole in the state's coffers and several defendants. His spokesperson in the city council, Rita Maestre, pointed to the “first hit of the mayor José Luis Martínez-Almeida” with the Formula 1 Grand Prix and assured that he had no doubt that “they are awarding to a friend of “the PP.” according to Europa Press.
“Having a stronger organization to confront the PP is a duty and a necessity, as we see in the news of the last few days, because it has taken 48 hours to implement the first steps of this major blow that we have announced, and this continues.” to be associated with Formula 1: in less than 48 hours, the Madrid City Council has put up for sale a plot of land that we have no doubt will be given to a friend of the PP and that in will end in a summary in a few years. Maestre made allegations from the plenary session that Más Madrid Ciudad held on Saturday in Matadero.
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