BEGIN:VCALENDAR VERSION:2.0 PRODID: Distrito Castellana Norte X-WR-CALNAME:Distrito Castellana Norte BEGIN:VEVENT CREATED:20221115T110651Z UID:8491 DTEND;VALUE=DATE: DTSTART;VALUE=DATE: DTSTAMP:20230131T060923Z LOCATION: DESCRIPTION: Madrid, 14 November 2022. The major urban transformation project known as Madrid Nuevo Norte will provide a huge boost to the city's economy and the surrounding region, with a very positive impact on the main sectors of activity in the region. Specifically, more than 17 B€ will be invested in its construction and development, which will subsequently generate an economic impact of around 52 B€ in the region’s main sectors of activity, according to the multivariate dynamic model estimated using Regional Accounting data. These are just a few of the figures given in the study on Real Estate Impacts and sectoral networks in the Region of Madrid: the case of Madrid Nuevo Norte, conducted by the Universidad Complutense de Madrid (through ICAE), which analyses impact according to the investment needed for development, concluding that for every euro invested in the construction and development of Madrid Nuevo Norte, triple the long-term economic impact will be generated over the next 30 years at least. The study was presented today by its director, Luis A. Puch, ICAE Professor at the Universidad Complutense de Madrid, at an event held in the Colegio de Economistas de Madrid (CEMAD) to explain the strategic contribution this project will make to the country’s economy. The presentation event was attended by the Director of Finance and Investor Relations at Crea Madrid Nuevo Norte, Sergio Criado, and Madrid’s Regional Councillor for the Environment, Housing, and Agriculture, Paloma Martin, who highlighted the "major economic transformation" this project will bring, "boosting growth in the Region of Madrid over the next 30 years". She went on to say that it will "place the Region of Madrid at the cutting edge of urbanism in the 21st Century, and will provide us with the most innovative business district in southern Europe, capable of attracting talent and business activity that will drive the knowledge economy. Its launch, at a moment of such uncertainty in the Spanish economy, offers an unbeatable incentive for national and international investors, and a confidence boost for our productive sectors". This report divides the impact into two different stages: construction and subsequent development, which will begin with the commercialisation of the buildings.
Construction
In relation to the construction stage, the report notes that the 7 B€ of ongoing investment required to build Madrid Nuevo Norte (excluding the purchase of land) will generate an impact of around 15 B€ by the year 2050, with the Professional Activities sector benefiting the most (with an impact of 3,173 B€) - encompassing for example consultancy firms, technical studios and engineering companies, and legal services, accounting and resource management, advertising and marketing - followed by the Construction sector itself (2,390 B€) - construction firms, materials suppliers and civil engineering firms -, Transport and Information and Communication Technologies (ICTs) (2,327 B€), Retail and Hospitality (1,954 B€), and Finance and Insurance (1,870 B€).
Impact on construction, B€ (2021-2057)
informe
Real Estate Development
The stage encompassing residential and tertiary real estate development will require an investment of 10,105 B€, which will in turn generate an impact of 37 B€ on clients over the next 30 years, with the greatest beneficiaries being Professional Activities - as described for Construction but understood now as clients/users of real estate developments (12,257 billion) - Transport and Information and Communication Technologies 8,538 billion) -computer and programming firms, and all types of ICTs (real estate portals, online search engines), and media, together with passenger and goods transport firms (airlines, shipping companies...) followed by Real Estate Activities (8,421 billion) - buying, selling, and renting properties, APIs, etc-, Retail and Hospitality (7,917 billion) and Public Administrations - Health, Education (4,394 billion).
Impact on real estate development, B€ (2030-2100)
informe
More than 30 years of continued impact
According to the study conducted by the Universidad Complutense de Madrid, the positive impact of Madrid Nuevo Norte on the regional economy will be continuous for a period of more than 30 years, with significant estimated dynamic effects. Specifically, in terms of the construction stage, over the first 12 months of the project (2021-2033), 56% of the total impact will be generated (8.4 B€) in relation to suppliers, and in the next 12-year period, 37% (5.5 B€) will be generated, with additional positive effects that might stretch beyond 2050. As for the real estate development phase, 55% of the total impact (20.6 B€) that this boost will have for real estate clients/users will be generated during the 20 years after the first investments in real estate. Indeed, the durability of this long-term positive impact is particularly striking and is expected to last until the year 2100. In this second phase, as the report sets out, investment in real estate corresponds to investment in developments, excluding the cost of buying the land and the cost of construction corresponding to residential and tertiary buildings, which is deducted to avoid double accounting.
Key sectors in the growth of regional GDP
The study, led by Professor Luis A Puch from UCM, alongside a team of researchers from the Complutense Institute of Economic analysis, also analyses the transmission of the economic impacts created by the Madrid Nuevo Norte project through the sectoral network of productive activity in the Region of Madrid and the greatest possible level of sectoral disaggregation (regional Input-Output framework). Specifically, the report finds that, because of the weight of the Construction and Real Estate sectors within the Region of Madrid's economy, investment in Madrid Nuevo Norte will spread through Madrid’s sectoral network, driving demand (upstream, towards suppliers): investments in Construction and Real Estate in this project will increase regional GDP growth by almost 43% through this effect on demand. The study also finds that the effects on supply (downstream, towards customers) could bring close to two additional percentage points to Madrid’s economic growth. Encouraging business activity through the possibilities offered by the MNN project is the best way to boost supply effects, thereby achieving significant improvements in productivity in Madrid and Spain.
In-depth economic analysis
This report, drawn up by the Complutense Institute of Economic Analysis (ICAE), part of the Universidad Complutense de Madrid, follows on from another report drafted by the Universidad Autónoma de Madrid, through the Lawrence. R Klein Institute of Economic Forecasting, which analysed the strategic contribution of this project to the country's economy in the mid-term, reflecting key figures, such as the contribution Madrid Nuevo Norte will make to regional GDP, 15.2 B€, and, 5,868 B€ of positive fiscal impact, and the creation of 348,064 jobs, of which 201,576 will be generated during the construction stage, and another 146,488 thanks to the activity in the neighbourhoods, as offices and retail outlets gradually move in. SUMMARY:Each euro invested in the construction and development of Madrid Nuevo Norte will generate triple the economic impact in the region. ORGANIZER:Distrito Castellana Norte URL;VALUE=URI:https://creamadridnuevonorte.com/en/prensas/each-euro-invested-in-the-construction-and-development-of-madrid-nuevo-norte-will-generate-triple-the-economic-impact-in-the-region/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20230131T070923Z DESCRIPTION:Reminder for Each euro invested in the construction and development of Madrid Nuevo Norte will generate triple the economic impact in the region. END:VALARM END:VEVENT END:VCALENDAR BEGIN:VCALENDAR VERSION:2.0 PRODID: Distrito Castellana Norte X-WR-CALNAME:Distrito Castellana Norte BEGIN:VEVENT CREATED:20221107T133156Z UID:8488 DTEND;VALUE=DATE: DTSTART;VALUE=DATE: DTSTAMP:20230131T060923Z LOCATION: DESCRIPTION: Madrid, 07 November 2022. Madrid Nuevo Norte, the most important urban regeneration project in Europe, is underway. Work has begun on the first infrastructure required for the project, with the pilings and foundations that will support the covering over of the railway rail yards located to the south of Madrid-Chamartín-Clara Campoamor station. After more than 28 years immersed in the planning stage, and having gained final approval in July 2020, Madrid Nuevo Norte is facing a new and definitive milestone as the first urban development work begins, officially launched today at a ceremony attended by the Minister for Transport, Mobility, and the Urban Agenda, Raquel Sánchez, along with Paloma Martín, Madrid’s Regional Councillor for the Environment, Housing, and Agriculture, the President of Adif and Adif AV, María Luisa Domínguez, and the President of CreaMNN, Álvaro Aresti, who unveiled a plaque commemorating this historic event. Raquel Sánchez, the Minister for Transport, Mobility, and the Urban Agenda emphasised the importance of this act, since Madrid Nuevo Norte is "the most important urban regeneration project in Europe, as befits a European capital, a great project in terms of size and investment, but also significance, since it represents our commitment to a specific type of urban development: to a certain model of city and a model of mobility. Because this government, as we are demonstrating with the policies we are promoting, has an ambitious vision for mobility and a firm commitment to quality public transport. "This project - she added - is based on a dense and compact city model that will foster urban life. It has come about through the total renovation of Chamartin station, which will be used to structure a new hyperconnected public transport network. And it has been designed to put people front and centre, and to be easily walkable and bikeable". In turn, Madrid’s Regional Councillor for the Environment, Housing, and Agriculture noted: "The Region of Madrid plans to invest 39 million euros to give Madrid Nuevo Norte two new primary schools and one secondary school, with construction beginning in 2025, which will offer 3,200 places in total". She also highlighted the contributions made by two major public corporations in the Region of Madrid - Metro and Canal de Isabel II - which will be developing some of the most important core infrastructures for Madrid Nuevo Norte, noting that "between 2024 and 2027, Canal de Isabel II will be involved with six hydraulic installation projects and the laying of 12 km of pipelines, with an investment of 80 million euros, and Metro de Madrid will build three new stations with an investment of 290 million euros". Álvaro Aresti, President of Crea Madrid Nuevo Norte, has defined these starting works as "the best show of the transformative power offered by Madrid Nuevo Norte, which will turn the space currently occupied by this railway infrastructure into a destination and a space for people to come together and enjoy. And all without interfering with its operational capacity or in the crucial service that the railway offers citizens".
Coordinated works to minimise the impact on rail services
These first works involve constructing the first foundation piles and concrete piers that will form part of the structure covering over the rail yards to the south of Chamartín-Clara Campoamor station, on top of which the southern section of the Central Park of Madrid Nuevo Norte will be constructed. This is the first stage in the development works that will affect the two areas of Madrid Nuevo Norte situated to the south of the M-30 ring road: APR 05.10 Chamartín Station and APE 05.31 Chamartín Business Centre. They plan to make the most of the remodelling and extension work being carried out by Adif in the station, so that the two sets of works are coordinated, thereby minimising possible disruption to rail services. In total, 212,000 square metres of rail yards will be covered over (34,900 m2 in the south and 177,015 m2 in the north), building a total of 2,407 piles (vertical structures that provide foundations and are located under the surface) and 1,132 piers (vertical structures on the surface, which support the girders for the slab of concrete). As a result of these initial works, a total of 86 piles have already been installed of the 312 that will be placed in the southern head, and 83 piers of the 214 to be installed in that same area. The complexity of this action has required all parties to coordinate fully in terms of adapting the work, since it affects key infrastructures for local and national mobility, in another example of the public-private collaboration that is the hallmark of the Madrid Nuevo Norte project.
Next steps
With regard to covering over the tracks, following this initial work, in early 2023 another two important steps will be taken: plans will be drawn up to cover over this whole area, both in the north and south, and the Global Draft Project for area APR 05.10 Chamartín Station will also be drawn up, once the contract is awarded by means of the international architecture competition currently underway. Furthermore, 2023 looks set to be a key year in the development of the Madrid Nuevo Norte project, since during this year, the urban development initiatives for the different areas should also be formalised, so that the Juntas de Compensación (Owners' Association) can be set up, and the urban development projects approved.
The urban transformation of Madrid
Madrid Nuevo Norte is the city’s major urban transformation project, a public initiative involving public-private collaboration, launched with maximum institutional, political, and social consensus. Beginning with the complete renewal of Madrid-Chamartín-Clara Campoamor station and the integration of railway land into the city, a city model has been designed that places people at the very heart of urban design, focusing on public transport and green areas, and innovating in terms of sustainability and technology at the service of citizens. This action covers an area of 2,357,443 m2 with 1,048,535 m2 of buildable land earmarked for residential construction and 1,608,778 m2 for tertiary and mixed uses to promote urban activity. This project offers huge potential to promote economic recovery, generating up to 350,000 jobs, creating 10,500 new homes —including 38% run by Madrid City Hall—, and bringing a new iconic image to the capital with a state-of-the-art Business Centre that will raise Madrid’s international profile. SUMMARY:Work gets underway on Madrid Nuevo Norte ORGANIZER:Distrito Castellana Norte URL;VALUE=URI:https://creamadridnuevonorte.com/en/prensas/work-gets-underway-on-madrid-nuevo-norte/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20230131T070923Z DESCRIPTION:Reminder for Work gets underway on Madrid Nuevo Norte END:VALARM END:VEVENT END:VCALENDAR BEGIN:VCALENDAR VERSION:2.0 PRODID: Distrito Castellana Norte X-WR-CALNAME:Distrito Castellana Norte BEGIN:VEVENT CREATED:20221021T083050Z UID:8263 DTEND;VALUE=DATE: DTSTART;VALUE=DATE: DTSTAMP:20230131T060923Z LOCATION: DESCRIPTION: SUMMARY:Why Madrid ORGANIZER:Distrito Castellana Norte URL;VALUE=URI:https://creamadridnuevonorte.com/en/why-madrid/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20230131T070923Z DESCRIPTION:Reminder for Why Madrid END:VALARM END:VEVENT END:VCALENDAR BEGIN:VCALENDAR VERSION:2.0 PRODID: Distrito Castellana Norte X-WR-CALNAME:Distrito Castellana Norte BEGIN:VEVENT CREATED:20220927T082557Z UID:8212 DTEND;VALUE=DATE: DTSTART;VALUE=DATE: DTSTAMP:20230131T060923Z LOCATION: DESCRIPTION:

Rising temperatures in cities are closely related to urban design and motorised mobility. Madrid Nuevo Norte aims to be a solution to this problem that worsens every year.

Passive buildings, an urban network of geothermal energy, green roofs, porous pavements, sustainable drainage systems, alternative transport, and green areas will help reduce temperatures in the district and its surroundings.

[caption id="attachment_8134" align="alignnone" width="2120"]isla de calor Kids beat the heat in Madrid Río’s water jets, in the shadow of the Perrault bridge. Image: Andrés García M./iStock.[/caption] The first researcher to take an interest in increasing city temperatures was an Englishman named Luke Howard, who, in 1818 in London, a city still devoid of motor traffic, registered a difference of 2.2°C between the urban core and its surroundings overnight.  Despite these early concerns, it was not until 1958, when another Englishman, climatologist Gordon Manley, first coined the term “Urban Heat Island”. The Urban Heat Island (UHI) effect—higher temperatures within cities in contrast to those registered in the surrounding areas—is associated with four factors related to building and urban design, according to the trade journal Urban Land Institute, which published the Scorched: Extreme Heat and Real Estate report in 2019: -Land use change: including the removal of trees and green spaces and the addition of materials that absorb heat during the day and release it at night. -Residual heat: mainly from energy use in buildings (air conditioner, heating, electrical installations, etc.) and transportation. -Air pollution: UHIs create ideal conditions for smog formation, which acts as a heat-trapping barrier, exacerbating the greenhouse effect. -Urban geometry: the pattern in which streets and buildings are arranged, as well as the size and shape of a city, are influential determinants of UHI intensity. The UHI effect in cities is associated with respiratory complications and heat stroke, conditions that are especially detrimental to the elderly and people with allergies, since substances like pollen reach higher levels in situations of extreme heat.
Madrid’s heat island
Madrid has a continental Mediterranean climate with very hot summers and very cold winters, factors that aggravate the heat island effect. According to a study by researchers at the Universidad Politécnica de Madrid on the behaviour of Madrid’s heat island and its impact on the energy consumption of buildings (based on measurements from 2015 and 2016), at night there may be simultaneous temperature variations of up to eight degrees at different points in the capital. The Detailed Study of Madrid’s Urban Climate (Estudio de Detalle del Clima Urbano de Madrid, 2016), prepared by the Madrid City Hall and the Universidad Autónoma de Madrid, details the heat island effect by zone. Antonio Villanueva, industrial engineer and Building Physics Coordinator in the Architecture and Building department at IDOM, who specialises in energy efficiency and sustainability, explains that the differences are greater in summer than in winter and that temperatures are usually highest in the city centre relative to the surrounding areas, producing a bell effect. The effect also occurs at the height of buildings, meaning, the greater the proportion of visible sky, the faster the nocturnal cooling of surfaces irradiated during the day. The goal of conducting thermal comparisons is to “attempt to explain what the temperature would be if the city did not exist”, says Villanueva. Some studies have confirmed the ability of green areas to mitigate UHIs, occasionally registering, for example, a temperature difference of up to five degrees inside and outside the Retiro Park, he explains. There are uncontrollable aspects that increase the UHI effect, “such as the climate or orography of the land which, in some cases, like in Santiago de Chile, form a kind of crater that hinders air flow” says Villanueva. Others can be controlled, such as those having “to do with urban design, the adequate height and distance between buildings, the mix of green areas and paved areas, and an increase in porous surfaces”, Villanueva adds. Thus, he recommends using a new generation of permeable pavements for sidewalks, parking lots, road surfaces, and vehicular traffic areas, that guides the runoff to the subsoil rather than to the sewage system. This helps reintroduce rainwater—even the runoff from buildings—into the terrain, a major contribution from the sustainable urban draining systems featured new urban designs like Madrid Nuevo Norte.
A district with a minimum UHI effect
“Madrid Nuevo Norte is an urban development that is taking this matter into account in a very serious way” says Villanueva, who affirms, “the district is practically a park where the areas between buildings will be green”. In addition, there is the “project’s commitment to porous pavements and green roofs, the rational distribution and height of buildings, and a reduction in motorised traffic given its dedication to alternative transport”. All of these elements will help make it “a district where the UHI effect is minimal”, Villanueva concludes. To deter motor vehicle traffic, Madrid Nuevo Norte will employ a car park strategy (similar to London’s), which will consists of encouraging buildings to provide fewer parking spaces. Street parking will also be limited. “It’s a very brave approach, because the standards in Spain are still outdated,” notes Villanueva. [caption id="attachment_8135" align="alignnone" width="1280"]isla de calor Superilla de Sant Antoni, one of the “super blocks” in Barcelona, where pedestrians and green spaces are prioritised to make the city friendlier. Project creator: Leku Studio. Image: Del Rio Bani.[/caption] Villanueva cites the example of Barcelona, which is working hard to refresh, re-green, and pedestrianize its grey areas, opting for green zones, promoting sustainable mobility, and expanding pedestrian areas with initiatives like “super blocks” (superilles) and climate shelters, where there is an abundance of shade, trees, and water. Both Paris and Madrid have occasionally cut traffic along major thoroughfares, such as the Champs Elysées and the Paseo del Prado, respectively. Other measures that Villanueva considers effective to curb traffic and achieve cleaner, cooler cities, include reducing the speed limit on city streets, implementing single-platform roadways, and reducing traffic lanes. Villanueva anticipates that Madrid Nuevo Norte’s residential buildings will comply with Passivhaus standards, meaning, passive buildings with ventilated facades, solar protection, efficient insulation, green roofs, and lower energy needs, which will revert less heat to the city. “Geothermal strategies will also be implemented so that energy exchanges, however few, do not use air from the outside, causing an increase in temperature, but from the ground”, which will serve as a large repository, balancing temperature discrepancies between summer and winter, Villanueva explains. Madrid Nuevo Norte will be equipped with an urban geothermal power network that will connect the buildings, enabling them to share energy and revert the excess to the ground.   [caption id="attachment_8136" align="alignnone" width="1280"]isla de calor Recreación del parque central que equilibrará la relación entre edificios y zonas verdes en el ámbito de Madrid Nuevo Norte y que se convertirá en nuevo espacio verde icónico que contribuirá a reducir el efecto isla de calor.[/caption]
A landscaping project that will refresh the city
Madrid Nuevo Norte entails “one of the world’s most advanced landscaping projects”, says Villanueva. Because plant evapotranspiration plays a pivotal role in mitigating the UHI effect, the selection of vegetation that will adapt well to the local climate and the urban surroundings must be carried out by highly specialised professionals. In summer, Madrid Nuevo Norte aims to cool open spaces near buildings with leafy trees, pergolas that create shade, and elements that provide moisture, such as fountains and water curtains. The aim in winter is to prevent drafts with the presence of deciduous trees that allow the light to pass through. Thus, the project creates winter and summer spaces adapted to Madrid’s extreme weather. Vegetation must include species that require little water, that capture substances like nitrogen dioxide and ozone to maintain optimal health levels, and that do not produce volatile organic compounds, according to one of Madrid Nuevo Norte’s master frameworks. With the protected area of El Pardo nearby and a series of municipal initiatives underway to increase the city’s green infrastructure under the umbrella of Madrid Isla de Color (Madrid Colour Island), Madrid Nuevo Norte will be a green district that helps neighbouring areas benefit from this strategy to reduce the UHI effect, according to Villanueva. “The wind blows and when it blows toward Castellana, the full effect of the new vegetation will benefit the rest of the city”, affirms Villanueva, who believes that Madrid Nuevo Norte “will be a lung in the northern part of the city”. SUMMARY:Madrid Nuevo Norte will help reduce the city’s heat island effect ORGANIZER:Distrito Castellana Norte URL;VALUE=URI:https://creamadridnuevonorte.com/en/noticia/8212/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20230131T070923Z DESCRIPTION:Reminder for Madrid Nuevo Norte will help reduce the city’s heat island effect END:VALARM END:VEVENT END:VCALENDAR BEGIN:VCALENDAR VERSION:2.0 PRODID: Distrito Castellana Norte X-WR-CALNAME:Distrito Castellana Norte BEGIN:VEVENT CREATED:20220714T084237Z UID:7890 DTEND;VALUE=DATE: DTSTART;VALUE=DATE: DTSTAMP:20230131T060923Z LOCATION: DESCRIPTION:We would love to meet you Would you like to be part of the Crea Madrid Nuevo Norte team? Leave us your CV and we will consider it for future vacancies that fit your profile. SUMMARY:Spontaneous candidacy ORGANIZER:Distrito Castellana Norte URL;VALUE=URI:https://creamadridnuevonorte.com/en/talento/spontaneous-candidacy/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20230131T070923Z DESCRIPTION:Reminder for Spontaneous candidacy END:VALARM END:VEVENT END:VCALENDAR BEGIN:VCALENDAR VERSION:2.0 PRODID: Distrito Castellana Norte X-WR-CALNAME:Distrito Castellana Norte BEGIN:VEVENT CREATED:20220714T080143Z UID:8037 DTEND;VALUE=DATE: DTSTART;VALUE=DATE: DTSTAMP:20230131T060923Z LOCATION: DESCRIPTION:

DCN is now called Crea Madrid Nuevo Norte as we move into this decisive phase of the capital's great development project

The company’s new name represents the fusion of two concepts: our drive to create a city and our commitment to promote Madrid Nuevo Norte as a legacy for future generations. This new name is also a visible marker for the new stage we are entering in Madrid’s great transformation, which is already in the execution phase.     Distrito Castellana Norte (DCN) has changed its name to Crea Madrid Nuevo Norte (CreaMNN), as the company enters the decisive phase of the transformative urban development initiative, Madrid Nuevo Norte, which, after 28 years of planning, has entered the implementation phase for the first time in its history and is therefore now a reality. The new name represents the fusion of the two elements that best define the biggest private promoter of Madrid Nuevo Norte: our drive to create a city and to promote the capital's great urban transformation project. As of today, the company’s name will be forever associated with its dedication to promoting the completion of Madrid Nuevo Norte, working alongside the other owners and Public Administrations. This name also reinforces the company's commitment to this strategic project for the city and the region, as well as to the citizens, institutions and public companies linked to the project, all pursuing the same legacy of creating the best possible Madrid for future generations. To achieve this, the company’s vocation is rooted in a very strong purpose and solid values: “Our purpose is to make Madrid the best city in the world, a city that shows how good we already are and just how great we can become, the best of the best” said the president of Crea Madrid Nuevo Norte, Álvaro Aresti. In this new stage, CreaMNN is beginning with the firm conviction that Madrid is already an extraordinary city, so we are working to continue improving it and making it a global leader in innovation and urban sustainability. We will always respect Madrid's unique identity, whilst working to enhance and adapt it to the new social, economic, technological, and environmental realities of the world today, and always putting people at the very heart of all decisions.   City creators We are a team of more than 60 professionals in fields as diverse as engineering, architecture, urban planning, finance, environmental sciences, property development, law, sociology, and communication. We can draw on all these disciplines to place our knowledge and expertise at the service of Madrid Nuevo Norte, the most important urban regeneration project in Europe. Our new name marks the end of a long period during which we have worked to define the best possible urban development initiative. We are now launching new phase that is both exciting and complex as we set out to materialise his great example of public-private collaboration.   Next steps The company is announcing its new name at a key moment in the Madrid Nuevo Norte project, which is coming to a head over the coming months, as urban development projects are rolled out in areas such as Tablas Oeste and Centro de Negocios Chamartin. The aim is for works to get underway  at the end of 2023 in Las Tablas Oeste and around one year later in the Centro de Negocios Chamartin. SUMMARY:DCN is now called Crea Madrid Nuevo Norte as we move into this decisive phase of the capital’s great development project ORGANIZER:Distrito Castellana Norte URL;VALUE=URI:https://creamadridnuevonorte.com/en/noticia/dcn-se-llama-desde-hoy-crea-madrid-nuevo-norte-para-acompanar-la-etapa-decisiva-del-gran-proyecto-de-la-capital/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20230131T070923Z DESCRIPTION:Reminder for DCN is now called Crea Madrid Nuevo Norte as we move into this decisive phase of the capital’\;s great development project END:VALARM END:VEVENT END:VCALENDAR BEGIN:VCALENDAR VERSION:2.0 PRODID: Distrito Castellana Norte X-WR-CALNAME:Distrito Castellana Norte BEGIN:VEVENT CREATED:20220714T080038Z UID:8038 DTEND;VALUE=DATE: DTSTART;VALUE=DATE: DTSTAMP:20230131T060923Z LOCATION: DESCRIPTION:

DCN is now called Crea Madrid Nuevo Norte as we move into this decisive phase of the capital's great development project

The company’s new name represents the fusion of two concepts: our drive to create a city and our commitment to promote Madrid Nuevo Norte as a legacy for future generations. This new name is also a visible marker for the new stage we are entering in Madrid’s great transformation, which is already in the execution phase.   Distrito Castellana Norte (DCN) has changed its name to Crea Madrid Nuevo Norte (CreaMNN), as the company enters the decisive phase of the transformative urban development initiative, Madrid Nuevo Norte, which, after 28 years of planning, has entered the implementation phase for the first time in its history and is therefore now a reality. The new name represents the fusion of the two elements that best define the biggest private promoter of Madrid Nuevo Norte: our drive to create a city and to promote the capital's great urban transformation project. As of today, the company’s name will be forever associated with its dedication to promoting the completion of Madrid Nuevo Norte, working alongside the other owners and Public Administrations. This name also reinforces the company's commitment to this strategic project for the city and the region, as well as to the citizens, institutions and public companies linked to the project, all pursuing the same legacy of creating the best possible Madrid for future generations. To achieve this, the company’s vocation is rooted in a very strong purpose and solid values: “Our purpose is to make Madrid the best city in the world, a city that shows how good we already are and just how great we can become, the best of the best” said the president of Crea Madrid Nuevo Norte, Álvaro Aresti. In this new stage, CreaMNN is beginning with the firm conviction that Madrid is already an extraordinary city, so we are working to continue improving it and making it a global leader in innovation and urban sustainability. We will always respect Madrid's unique identity, whilst working to enhance and adapt it to the new social, economic, technological, and environmental realities of the world today, and always putting people at the very heart of all decisions.   City creators We are a team of more than 60 professionals in fields as diverse as engineering, architecture, urban planning, finance, environmental sciences, property development, law, sociology, and communication. We can draw on all these disciplines to place our knowledge and expertise at the service of Madrid Nuevo Norte, the most important urban regeneration project in Europe. Our new name marks the end of a long period during which we have worked to define the best possible urban development initiative. We are now launching new phase that is both exciting and complex as we set out to materialise his great example of public-private collaboration.   Next steps The company is announcing its new name at a key moment in the Madrid Nuevo Norte project, which is coming to a head over the coming months, as urban development projects are rolled out in areas such as Tablas Oeste and Centro de Negocios Chamartin. The aim is for works to get underway  at the end of 2023 in Las Tablas Oeste and around one year later in the Centro de Negocios Chamartin. SUMMARY:DCN is now called Crea Madrid Nuevo Norte as we move into this decisive phase of the capital’s great development project ORGANIZER:Distrito Castellana Norte URL;VALUE=URI:https://creamadridnuevonorte.com/en/actualidad-corporativa/dcn-is-now-called-crea-madrid-nuevo-norte-as-we-move-into-this-decisive-phase-of-the-capitals-great-development-project/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20230131T070923Z DESCRIPTION:Reminder for DCN is now called Crea Madrid Nuevo Norte as we move into this decisive phase of the capital’\;s great development project END:VALARM END:VEVENT END:VCALENDAR BEGIN:VCALENDAR VERSION:2.0 PRODID: Distrito Castellana Norte X-WR-CALNAME:Distrito Castellana Norte BEGIN:VEVENT CREATED:20220714T073917Z UID:8208 DTEND;VALUE=DATE: DTSTART;VALUE=DATE: DTSTAMP:20230131T060923Z LOCATION: DESCRIPTION:

DCN is now called Crea Madrid Nuevo Norte as we move into this decisive phase of the capital's great development project

The company’s new name represents the fusion of two concepts: our drive to create a city and our commitment to promote Madrid Nuevo Norte as a legacy for future generations. This new name is also a visible marker for the new stage we are entering in Madrid’s great transformation, which is already in the execution phase.     Distrito Castellana Norte (DCN) has changed its name to Crea Madrid Nuevo Norte (CreaMNN), as the company enters the decisive phase of the transformative urban development initiative, Madrid Nuevo Norte, which, after 28 years of planning, has entered the implementation phase for the first time in its history and is therefore now a reality. The new name represents the fusion of the two elements that best define the biggest private promoter of Madrid Nuevo Norte: our drive to create a city and to promote the capital's great urban transformation project. As of today, the company’s name will be forever associated with its dedication to promoting the completion of Madrid Nuevo Norte, working alongside the other owners and Public Administrations. This name also reinforces the company's commitment to this strategic project for the city and the region, as well as to the citizens, institutions and public companies linked to the project, all pursuing the same legacy of creating the best possible Madrid for future generations. To achieve this, the company’s vocation is rooted in a very strong purpose and solid values: “Our purpose is to make Madrid the best city in the world, a city that shows how good we already are and just how great we can become, the best of the best” said the president of Crea Madrid Nuevo Norte, Álvaro Aresti. In this new stage, CreaMNN is beginning with the firm conviction that Madrid is already an extraordinary city, so we are working to continue improving it and making it a global leader in innovation and urban sustainability. We will always respect Madrid's unique identity, whilst working to enhance and adapt it to the new social, economic, technological, and environmental realities of the world today, and always putting people at the very heart of all decisions.   City creators We are a team of more than 60 professionals in fields as diverse as engineering, architecture, urban planning, finance, environmental sciences, property development, law, sociology, and communication. We can draw on all these disciplines to place our knowledge and expertise at the service of Madrid Nuevo Norte, the most important urban regeneration project in Europe. Our new name marks the end of a long period during which we have worked to define the best possible urban development initiative. We are now launching new phase that is both exciting and complex as we set out to materialise his great example of public-private collaboration.   Next steps The company is announcing its new name at a key moment in the Madrid Nuevo Norte project, which is coming to a head over the coming months, as urban development projects are rolled out in areas such as Tablas Oeste and Centro de Negocios Chamartin. The aim is for works to get underway  at the end of 2023 in Las Tablas Oeste and around one year later in the Centro de Negocios Chamartin. SUMMARY:DCN is now called Crea Madrid Nuevo Norte as we move into this decisive phase of the capital’s great development project ORGANIZER:Distrito Castellana Norte URL;VALUE=URI:https://creamadridnuevonorte.com/en/prensas/dcn-is-now-called-crea-madrid-nuevo-norte-as-we-move-into-this-decisive-phase-of-the-capitals-great-development-project/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20230131T070923Z DESCRIPTION:Reminder for DCN is now called Crea Madrid Nuevo Norte as we move into this decisive phase of the capital’\;s great development project END:VALARM END:VEVENT END:VCALENDAR BEGIN:VCALENDAR VERSION:2.0 PRODID: Distrito Castellana Norte X-WR-CALNAME:Distrito Castellana Norte BEGIN:VEVENT CREATED:20220713T172925Z UID:7878 DTEND;VALUE=DATE: DTSTART;VALUE=DATE: DTSTAMP:20230131T060923Z LOCATION: DESCRIPTION: SUMMARY:Talent ORGANIZER:Distrito Castellana Norte URL;VALUE=URI:https://creamadridnuevonorte.com/en/talent/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20230131T070923Z DESCRIPTION:Reminder for Talent END:VALARM END:VEVENT END:VCALENDAR BEGIN:VCALENDAR VERSION:2.0 PRODID: Distrito Castellana Norte X-WR-CALNAME:Distrito Castellana Norte BEGIN:VEVENT CREATED:20220713T161230Z UID:7874 DTEND;VALUE=DATE: DTSTART;VALUE=DATE: DTSTAMP:20230131T060923Z LOCATION: DESCRIPTION: SUMMARY:Our history ORGANIZER:Distrito Castellana Norte URL;VALUE=URI:https://creamadridnuevonorte.com/en/our-history/ TRANSP:OPAQUE BEGIN:VALARM ACTION:DISPLAY TRIGGER;VALUE=DATE-TIME:20230131T070923Z DESCRIPTION:Reminder for Our history END:VALARM END:VEVENT END:VCALENDAR