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May 17, 2022updated 27 Jul 2022 5:18pm

Construction commences on $55m Residencial Terrazas de Mendez Alvaro Complex in Spain

By Carmen

Construction work on the $55m Residencial Terrazas de Mendez Alvaro Complex located in Madrid, Spain commenced in Q2 2022. It was announced in Q2 2021.

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The project involves the construction of the Residencial Terrazas de Méndez Álvaro on a 0.25ha area in Madrid, Spain.

The project includes the following:

1. Construction of 70 homes with two to five bedrooms between 88m2 and 193m2 with a total gross floor area of 10,000m22. Construction of common areas with two swimming pools3. Construction of parking facilities4. Construction of drainage systems5. Construction of a gym facility6. Development of greenery areas7. Installation of elevators, security and ventilation systems

Construction on the project, spread across 0 hectares, is expected to be completed by Q1 2024.

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With supply chain disruptions and inflation creating new challenges for delivery teams, design-build projects are booming. This e-book looks at the 3 essential tips a project delivery team must consider when delivering a successful Design Build project.
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