Four Seasons to open in Madrid its first hotel in Spain
The new Four Seasons Hotel Madrid will be housed in the series of heritage buildings comprising the Canalejas complex, adjacent to the Puerta del Sol and an easy walk to Madrid’s major landmarks and city centre. The buildings include frontages on Alcalá Street, Sevilla Street, Canalejas Square and Carrera de San Jerónimo.
The multi-use complex will include the 215-room Four Seasons Hotel Madrid, luxury residences also managed by Four Seasons, an exclusive shopping centre, and a 500-space parking garage. Following the planning process, construction is projected to begin at the end of 2013 and opening is estimated for late 2015.
The project is owned and developed by Grupo Villar Mir, which through its subsidiaries Inmobiliaria Espacio and Grupo OHL (construction company) is investing EUR 500 million in the project. Four Seasons will manage the hotel and the residences under a third party long-term management agreement.