With a population of more than five million, the city of Madrid has undergone spectacular business and financial growth in the last 30 years, which has turned it into one of the most booming, dynamic and attractive cities in Europe.
The urban development of Madrid’s business district has been taking shape in the north of the city. Large national and international companies have moved their offices from the traditional business centres around Gran Vía, Alcalá and Recoletos to locate them along the Paseo de la Castellana, always taking the north as a reference point.
Madrid has developed in keeping with the evolution of this north-running artery, the city's backbone and its financial heart, taking over land and completing milestones over the years.
Now, in the 21st century and in keeping with this trend, the Paseo de la Castellana sees the birth of Madrid's new business district, a strategic centre that is a national reference point for the world of finance and business. A move that will confirm Madrid as the “Capital of Southern Europe”.
