(II) The Caufec Plan of Sacresa in Barcelona
2 July, 2010 No Comments
The large land plot between Esplugues de Llobregat and Barcelona city is disappearing. After 23 year of negotiations, this 40ha in which only had power a line, bushes and a makeshift motocross track is already a developed area to which only lacks the buildings.
Historically, Caufec society led the urban reform in this area in the early 90s, owned by FECSA and the French group CAUVAL, who sold this land plot to the real estate developer Sacresa.
The problem this project had to be urbanized were the power lines, which should be dismantled and buried by FECSA, so the transaction cost should be offset by an increase in the heights of the floor area permitted initially. The future planning 234.000m2 roof will be built on.
In 2002, the Legal Adviser of the Government decided to finally give the “green light” to the Porta Barcelona project, the urban plan promoted by Caufec society, one of the companies that make the real estate company Sacresa.
The Porta Barcelona project will be built to either side of the B-23:
In the northern part, Finestrelles area, there will be 67 detached houses and 90.000m2 of offices and premises, located in two towers of about 80m (23 floors), designed by architect Bofill. In this part, they have also created a large green area on Jacint Esteve Avenue, with bike areas, cross and trekking in Collserola Park.- In the south part, near Hospitalet, will be built 120 housing units, a shopping center, a 25.000m2 of entertainment and a 6.200m2 luxury hotel.
This real estate development, nearby Collserola Natural Park, is next to Ciudad Diagonal and Pedralbes, both areas of luxury houses, together with Sarrià, Bonavista and Sant Gervasi.
In the next post we will discuss how Caufec Plan will possibly finish after the insolvency in which the company Sacresa is immersed.
