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Metrovacesa Pushes Ahead to Transform the Large Industrial Land Bank in El Prat de Llobregat into 1,600 Homes

The real estate company is the majority owner of the area in which El Prat de Llobregat City Council has initially approved the modification of its PGM, and where it may build a quarter of the total planned homes.

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Metrovacesa’s homes.

On 8 July, the plenary session of El Prat de Llobregat City Council in Barcelona approved the modification of the General Metropolitan Plan (PGM) for the Estación-Seda-Papelera area. Metrovacesa is the majority owner of the plots and owns land in both the “Silk” and “Paper” areas, with the capacity for the construction of nearly 1,600 homes.

It is one of the major land banks pending development in the Barcelona metropolitan area. The area used to house the silk and paper industries, in space between the consolidated centre of El Prat de Llobregat and the C-31 motorway. Up to 4,600 homes may be built on the site in total.

Read the full article in Spanish.

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