The challenge
One of the few shopping malls built and located in the heart of Madrid, where Arcadis assumed control of cost management and monitored the works to guarantee financing.
One of the few shopping malls built and located in the heart of Madrid, where Arcadis assumed control of cost management and monitored the works to guarantee financing.
By keeping costs tightly managed, monitoring the works and evaluating the environmental impact according to the Equator Principles, Arcadis ensured that the work was completed sustainably and within budget.
The Plaza Río 2 shopping mall is a large commercial project that is home to over 160 top brands, and its spectacular viewpoint offers a unique experience.
There are very few shopping malls in Madrid, so LSGIE sought to take advantage of this opportunity with Plaza Río 2 Madrid — a shopping mall on the banks of the Manzanares river with 40,000 square meters of GLA, 1,200 parking spaces and a broad fashion and leisure offer, as well as a large viewpoint replete with terraces looking out over the city.
A 40,000-square-meter shopping mall project requires a significant capital injection, and the developers of Plaza Río 2 entrusted Arcadis with cost management to optimize that investment. This is a shopping mall in which LSGIE has invested 200 million euros.
The project owes a large part of its success to Arcadis. We optimized costs and lent LSGIE our expertise to maintain the confidence of all stakeholders and to opt for new services.
We helped make Plaza Río 2 what it is today — a shopping mall in the heart of Madrid with up to 160 stores belonging to renowned national and international brands, where visitors can enjoy a 3,000-square-meter viewpoint on the fifth floor, take in spectacular views of Madrid Río and the city and savor a variety of culinary delights.