Madrid Nuevo Norte: the project that will transform the capital

27th August 2025 · 3 min. read · by Christie's International Real Estate Madrid

Madrid is preparing for one of the most ambitious urban transformations in Europe: Madrid Nuevo Norte. This is a comprehensive plan that will not only redefine the city's skyline but will also turn the northern area into a new hub for economic, cultural, and social development.

It is an urban project spanning over 2.3 million m² of developable land, which includes the construction of skyscrapers, state-of-the-art offices, residential spaces, green areas, and social facilities. Its scope makes it the largest urban regeneration plan in Europe at the moment.

With a planned duration of about 20 years, Madrid Nuevo Norte will transform the area around Chamartín and Cuatro Caminos into a vibrant, sustainable, and connected district.

Beyond the figures, Madrid Nuevo Norte represents a unique opportunity for businesses, investors, and cultural projects. It is estimated that it will generate over 350,000 jobs, boosting strategic sectors such as technology, innovation, and the creative industries. The arrival of new offices, commercial spaces, and urban facilities will attract both large corporations and independent cultural initiatives, positioning the north of Madrid as a new nerve centre of urban life.

In this context of transformation, the area becomes a perfect enclave for projects with their own identity, capable of connecting with a diverse and constantly growing audience. The combination of multi-purpose spaces, cultural initiatives, and new commercial ventures makes this district a place with a unique dynamism.

One of the project's pillars is sustainable mobility: a new, renovated and expanded Chamartín station, connections to the underground, commuter trains, and buses, as well as green areas and cycle lanes that will integrate the district with the rest of the city. This sustainable approach will not only improve the quality of life for residents and visitors but will also increase the real estate value of the entire area, attracting both national and international investment.

• Urbanisation: The developer Crea Madrid Nuevo Norte plans to begin urbanisation works on the first area—Las Tablas Oeste—in the second quarter of 2026, after receiving initial approval in March 2025.
• Residential Deliveries: The first residential units are expected to be ready by 2029.
• First Phase Completion: The first presentation of main buildings and spaces is planned for 2035, including 1.6 million m² of offices with the tallest skyscraper in Spain.
• 25-Year Project: The total execution of the plan is estimated to take about 25 years, which would indicate an approximate completion in 2045.

Madrid Nuevo Norte is not just an urban plan; it is the future of the city. For investors, entrepreneurs, and cultural projects, it is a unique opportunity to be present at the epicentre of the transformation. Investing in this area is a commitment to a location with extraordinary potential for growth, visibility, and profitability, consolidating it as one of the most promising areas in Madrid for the coming years.

Madrid Nuevo Norte is synonymous with the future, innovation, and an urban lifestyle. Investing in this area today is securing a privileged place in the city of tomorrow.

If you are looking for spaces in Madrid Nuevo Norte, do not hesitate to contact our experts at Christie's International Real Estate Madrid.