2023 Spring Issue - 112

landwrites
Colonial opted for prefabricated bathrooms in the apartments and agreed to use a new technology to
monitor how well the building's concrete was setting. HLS used sensors embedded in concrete slabs to
measure their internal temperature and humidity. Being able to obtain real-time data on the strength
and resilience of the material via a mobile phone app helped speed up construction.
Colonial tried to keep costs under conMadnum
features 324,000 square feet
(30,100 sq m) of residential space in
addition to 606,000 square feet (56,300
sq m) of office space and 39,000 square
feet (3,600 sq m) of commercial space.
When complete, residents will have
access to a rooftop swimming pool with
panoramic views of Madrid.
trol through a variety of measures on and
off the worksite. The firm divided its site
management into below-ground and aboveground
phases for both the residential and
office components to streamline the building
permit applications process, as well as
to encourage competition between contractors
in order to mitigate volatile materials
price fluctuation.
The firm also opted for prefabricated
bathrooms in the apartments and agreed
to let OHLA, one of its builders, use a new
technology to monitor how well the building's
concrete was setting. OHLA used
sensors embedded in concrete slabs to
measure their internal temperature and
humidity. Being able to obtain real-time
data on the strength and resilience of the
material via a mobile phone app helped
speed up construction.
In its marketing, Colonial took a page
out of the King's Cross playbook by not
only looking for anchor tenants for its retail
space and multinationals for its offices,
but also reaching out to two important residential
rental markets-young people who
cannot afford to buy property in Madrid
and professionals in need of short- and
medium-term accommodations.
Staying Green
Despite the pressure to bring the complex
to market, Colonial says it has remained
committed to high environmental, social,
and governance (ESG) standards.
Environmental features include two
landscaped indoor areas, one on the
residential side of the project and one on
the office side, which together will cover
69,000 square feet (6,400 sq m) and
112
URBAN LAND
SPRING 2023
COURTESY INMOBILIARIA COLONIAL

2023 Spring Issue

Table of Contents for the Digital Edition of 2023 Spring Issue

2023 Spring Issue - Cover1
2023 Spring Issue - Cover2
2023 Spring Issue - 1
2023 Spring Issue - 2
2023 Spring Issue - 3
2023 Spring Issue - 4
2023 Spring Issue - 5
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2023 Spring Issue - Cover3
2023 Spring Issue - Cover4
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2024-spring-issue-of-urban-land
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https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2022-winter-issue
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https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2022-summer-issue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2022-spring-issue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/ulm-winter-2022
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/summer-issue-2021
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/uli-spring-2021-issue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/ULIWinter2021
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/URBANLANDFALL2020
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/URBANLANDSUMMER2020
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/URBANLANDSPRING2020
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