Caleido takes another step. The ambitious real estate project in Madrid has completed the construction process and has handed over the building for university use to IE. Inmobiliaria Espacio (Promociones y Propiedades Inmobiliarias Espacio) together with the group Emperador Properties are responsible for the construction of Caleido.
IE’s vertical campus will open in September, followed by the rest of the complex. Caleido consists of a mixed-use building in the shape of an inverted T that was born with the vocation of changing the financial area of Madrid forever. It will regenerate the urban expansion of the north of the capital through its spaces. Technology, knowledge, culture, health and leisure will be the protagonists of the new space.
The project has a 180-meter-high, 35-storey tower that will house, from September and managed by IE, the first vertical campus in Spain . In addition, the project has a second horizontal building, in which the Quirón Salud Group will manage an advanced sports medicine center.
“Despite the difficulties, the ambitious architectural project, of which we are very proud, has been executed quickly and, with the completion of the construction phase , Caleido is already a reality that has changed the north of Madrid forever” , explains Alberto Muñoz, CEO of Inmobiliaria Espacio.
Caleido in figures
The Caleido project was achieved in 2017 and after the award process, the works began in 2018. During its construction, it has generated 864 jobs in Madrid and 1,559 in the entire Community.
These figures will increase in its 75 years of operation, since it is expected to reach 2,092 jobs at the local level, and 3,992 at the regional level. Regarding its contribution to GDP, it will be 53.8 million euros in Madrid in the period of execution of the works and 85 million euros in the region.
Once completed and with its start-up, this contribution will increase in its exploitation to 274 million euros in Madrid and 71 million in its Community.
Caleido will give life not only to the Cuatro Torres Financial District , but it will also be a reference space for its differentiating and unique offer, placing itself at the forefront of Europe and attracting new talents. Caleido will redefine the concept of shopping and will host the latest trends in fashion, sports and technology , making it the best showcase for brands, in an avant-garde environment and outdoors.
Likewise, it will have a wide gastronomic offer and it will be a “live” space with an ambitious cultural agenda, in which it will also be possible to enjoy the only museum of urban art in Madrid. All of this will contribute to humanize and bring warmth to the financial area of the four towers of Madrid.