Post by account_disabled on Feb 20, 2024 4:02:04 GMT -5
The real estate developer Metrovacesa and Grupo Vita , a company specialized in urban regeneration, have expanded their agreement on the Oria Innovation Campus complex, which has an investment of 300 million euros, to now develop a second student residence.
Specifically, the new agreement consists Chinese Student Phone Number List of developing a second building for lodging and which will have 519 rooms with different services, a coworking area, games room or swimming pool, distributed over a total of 22,000 m2.
The start of works is scheduled for the first half of 2024 and its delivery for 2026, when Vita Group will become the operator and owner of the building, as reported by the two companies in a statement.
At the beginning of the construction works, another joint venture will be created between Metrovacesa and Vita for the development of the project, in the same way that has already been done for the first residence, Vita Student Oria, whose works have already begun to be completed in 2026.
In In that case, the property will have a total of 588 equipped studios and common areas with a swimming pool, gym or lounges . It will be a 14-story building with a total of 20,100 square meters, for the development of which a joint company has been created between Metrovacesa and Vita, with shared control between both, in which Metrovacesa contributes the land and its experience as a real estate developer, while Vita Group provides financing for the project, as well as its experience in creating student accommodation.
Both buildings, located on Cardenal Herrera Oria Avenue, next to the old Clesa factory, will have public transport connections, including a train station at the door, with a stop near the ChamartÃn transport interchange.
Specifically, the new agreement consists Chinese Student Phone Number List of developing a second building for lodging and which will have 519 rooms with different services, a coworking area, games room or swimming pool, distributed over a total of 22,000 m2.
The start of works is scheduled for the first half of 2024 and its delivery for 2026, when Vita Group will become the operator and owner of the building, as reported by the two companies in a statement.
At the beginning of the construction works, another joint venture will be created between Metrovacesa and Vita for the development of the project, in the same way that has already been done for the first residence, Vita Student Oria, whose works have already begun to be completed in 2026.
In In that case, the property will have a total of 588 equipped studios and common areas with a swimming pool, gym or lounges . It will be a 14-story building with a total of 20,100 square meters, for the development of which a joint company has been created between Metrovacesa and Vita, with shared control between both, in which Metrovacesa contributes the land and its experience as a real estate developer, while Vita Group provides financing for the project, as well as its experience in creating student accommodation.
Both buildings, located on Cardenal Herrera Oria Avenue, next to the old Clesa factory, will have public transport connections, including a train station at the door, with a stop near the ChamartÃn transport interchange.