If the solution to the housing crisis in Spain is “building taller buildings”, Alcalá de Henares has taken it seriously
If you want to solve your residential deficit and stop the upward spiral of prices, Madrid needs housing. tens of thousands of housing, if we trust the calculations carried out by the real estate sector. With that backdrop in the capital (as in other points of the country) has opened a debate: Should we look up? That is to say, if houses are needed and the buildable land is what it is, has the time come? replant the height of buildings, both in established neighborhoods and in new real estate developments? In Alcalá there are those who believe so. In fact, the birthplace of Cervantes has started the countdown to provide one of the tallest skyscrapers in the community, a tower of almost 30 levels. What has happened? That Alcalá de Henares seems to have unblocked an ambitious real estate project that it had been years on the table: a tower that, once completed, will become one of the tallest residential buildings in the Community of Madrid. The news has revealed it the company Ten Brinke, which has partnered with Invesco Real Estate to carry out the operation. Although not many details of the project have been revealed, it is known that the building will be around 30 floors and will exceed the 300 homeswhich will redefine the skyline of the city and will surpass La Garena, an office tower 17 floors and 71.7 m which now dominates the town’s skyline. There are those who now slide that the new construction will be the first residential skyscraper in Alcalá de Henares and one of the few in the Community of Madrid that exceeds 25 heights. What do we know about the project? In the statement In which he announces the “closing of the operation”, Ten Brinke slips a couple of clues about the future property: it will be residential, it will exceed 300 homes and will have 28 levels in total, a sum of 25 floors in height, the ground floor and two underground levels. Furthermore, Ten Brike clarifies that the developers will bet on a “product mix” formula, including family housing, premium apartments and “spaces aimed at modern living.” Regarding deadlines, he states that the works will start “in the coming weeks”, without outlining a delivery schedule. Has anything else transpired? In recent days the Madrid press has pointed out various details to adults, such as that the objective is for the homes to be used for rental marketthat the tower will be around the 80 meters high and that will be located in the Francisco Anton streetnext to the new GAL neighborhood. The SER chain assures that the project has actually been licensed since 2021. A few years ago was announced an ambitious residential development, the Tower (or garden) Cervantes, with buildings 25 stories high. The Idealista portal even reached advertise The apartments, which were offered from 256,000 euros and also stood out for their common areas, with more than 15,000 m2 of gardens and recreational areas that included an outdoor pool. At that time (2024) the idea was to deliver the first keys towards the summer of 2027. Why is it important? Beyond the relevance of the project and its impact on the Complutense skyline, the tower is important because it will inject 300 new homes in a town that has seen how rents and the price per m2 have become more expensive in recent years, in line with the rest of Madrid. According to the Idealista portal, in February the m2 It cost €2,74419.3% more than in the same month last year. Regarding the rent, the m2 It was rented for €13.7which represents an annual increase (February 2025) of about 12%. The municipality has also seen its registry grow in recent years, going from 193,751 registered in 2018 to more than 203,200 residents, according to the tables of the INE. Images | Ten Brinke In Xataka | Madrid is discovering that there is something more controversial than the ‘tazo’ of garbage: where the hell to put a canton of garbage