Overview
- Housing Minister Isabel Rodríguez says financing and tender documents are prepared to launch urbanization as soon as the City Council approves the project.
- Mayor José Luis Martínez-Almeida argues the city cannot grant approval because the ministry has not submitted the management report, sanitation plan, or water management plan.
- The redevelopment foresees 10,700 public and affordable homes in a mixed-tenure neighborhood after demolition of the former barracks began this week.
- Rents are intended to be capped at no more than 30% of the area’s median income, with sale prices kept below market to ensure affordability.
- Project plans allocate 25% of land to housing and 75% to public facilities, streets, and open space, including 154,000 square meters of green areas, as political tensions flare over alleged electoral timing of the demolition start.