At Modesto Lafuente, Grosvenor is revitalising a 7 storey, 2,000 square metre underutilised office building into a collection of 3 and 4 bedroom apartments in the charming neighbourhood of Chamberí.
Modesto Lafuente 26 transforms an unattractive and underutilised office building from the 1970s into a high quality residential development in the emerging Ríos Rosas neighbourhood in Chamberí, where there is high demand for new homes.
The new development will bring 12 new 3 and 4 bedroom apartments to the area, including 2 ground floor homes with private gardens and 2 fantastic duplex penthouses with terraces. Residents can also enjoy exclusive use of the 24 hour concierge, private parking including charging stations for electric cars, gymnasium, and communal rooftop terrace.
With its attractive facade, the new building will help to improve the urban landscape as well as contributing to the revitalisation of the local area. The building has been awarded the highest international sustainability, BREEAM, certification.
Ríos Rosas is an up and coming neighbourhood which will soon be home to the Spanish headquarters of famous global communications group, WPP. Here a "Little Italy", which contains restaurants and delicatessans dotted around the fantastic Italian College building, sits beside the modern tapas bars and restaurants along the street of Ponzano, the fashionable gastronomic hub of Madrid.
The project is being developed by one of the most prestigious international architecture studios with strong ties to Madrid. Estudio Lamela has more than 60 years of experience in the city with emblematic works such as the Colon Towers and the Terminal 4 in Barajas Airport under its belt.