2023 Spring Issue - 114

landwrites
" [Madnum is] state-of-the-art in mixed-use development combined with the highest ESG standards. It
is a top ambassador of urban regeneration projects, enhancing new ways of working and living. "
-Alberto Valls, Chair, ULI Spain
Lively, public outdoor space is a key aspect of Inmobiliaria
Colonial's vision for Madnum.
building. In addition, some workers may
choose to live at the campus, further
reducing the community's collective
carbon footprint.
Colonial executives say they wanted to
make the project even greener and more
user friendly but strict town planning rules
required extra time that limited their ability
to do so. For example, COVID spurred
a tremendous demand for balconies, but
the time required for approvals process
and the advanced stage of construction
made it impossible to adjust the design
and stay on schedule.
Out-of-date zoning rules also mandated
that Colonial create 900 parking
spaces at Madnum, despite its excellent
transportation connections and projections
that Madrileños will drive less and
less in the coming years. Further, Colonial
notes that the spaces may prove to
be dinosaur nests because the garages
were not equipped with the infrastructure
needed to charge 900 electric cars.
City officials are very positive about
the project's outcome. Mariano Fuentos
Sedano, delegate for urban development
for Madrid, said he hopes it is the first
of many successful undertakings with
Colonial.
ULI sees a lot to like in the Madnum
project as well. Madnum is a development
that not only increases the stock of class
A buildings in the Méndez Álvaro district,
but also will shape the future of the neighborhood,
says Alberto Valls, managing
partner of real estate at Deloitte Spain and
EMEA, and chair of ULI Madrid. Madnum,
he says, is " state-of-the-art in mixed-use
development combined with the highest
ESG standards. It is a top ambassador of
urban regeneration projects, enhancing
new ways of working and living. " UL
BENNETT VOYLES is a Berlin-based writer.
114
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
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2024-winter-issue-of-urban-land
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2023-fall-issue-of-urban-land
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2023-summer-issue-of-urban-land
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2023-spring-issue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2022-winter-issue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2022FallIssue
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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