English developers will invest €100 million in a commercial complex in Marbella
By Mas Property
on Sun Jul 18 2021
The English developers Citygrove and Burlington will develop the commercial complex in Marbella, whose initial investment is expected to be 100 million euros. It will be known as Marbella Plaza and it is expected to open its doors by the end of 2023.
On a plot of more than 30,000 m2 , the project will have first-rate commercial operators and large international firms that will disembark for the first time on the Marbella coast. According to the companies, it is one of the most modern projects of the last 25 years in the Malaga town, which will make it a “new benchmark in the city.”
The design is in charge of the New York architecture studio KPF , which has received several international awards, for which state-of-the-art materials that respect the environment will be used.
The project, which has the support of the Marbella City Council, proposes the construction of a new four-lane road, an increase in the areas used for parks and gardens, public community facilities and public parking. The International Consultancy Area firm has advised the promoters in the urban development of the project.
It is estimated that this project will generate more than 500 jobs between direct and indirect jobs . The start of the urbanization works is scheduled for next year.
Source: El Economista, July 2021