Thor Equities Group, a global leader in urban real estate development, leasing and management, is pleased to announce the launch of Teatro Gran Vía 30, a luxury residential project in the center of Madrid. Formerly the iconic Fontalba Theater, the residential property offers 28 exceptional residences with views over Gran Via, Calle Valverde, Calle Desengaño and the city of Madrid.
Featuring two- and three-bedroom homes in a variety of layouts and two penthouses with private, panoramic roof terraces of more than 80 sq m. , the residences were designed to maximize space and light and offer unparalleled views of the surrounding area. With apartments ranging in size from 135 sq m. and 195 sq m., amenities at the development include a spacious landscaped roof terrace and private rooftop gym for residents. Updated with modern finishes, Robledo Arquitectos, took great care in preserving elements from the theater designed by Marques de Fontalba in his vision for a former European Opera House in 1924.
Located in the heart of Madrid Centro, on one of the city’s most beautiful and illustrious streets, Teatro Gran Via 30 offers access to Madrid’s world class cultural destinations, incredible gastronomy and flagship retail destinations. From Puerta del Sol, to the Prado Museum and the Mercado de San Miguel food market, the best of Madrid is steps away.
Thor selected renowned architectural firm, Robledo Arquitectos, for the project’s design and Colliers and Knight Frank for sales. The units will begin to be delivered in the summer of 2022.
“Thor Equities is thrilled to launch sales initiatives at this luxury residential development in the heart of one of Europe’s most captivating cities. We are proud to deliver a sustainable project and took careful measure to preserve the building’s treasured past while providing future residents with modern amenities and access to the best Madrid has to offer,” said Chairman of Thor Equities Group, Joe Sitt.
“Teatro Gran Via 30 is one of those projects that marks a milestone in the high-end residential market in Madrid, due to the location and characteristics of the development and its great capacity to attract a new type of buyer who wants to live in the heart of the spanish capital, having everything at your fingertips. We are delighted to bring our experience to Thor and help them in the commercialization of Teatro Gran Vía 30 ”, explains Luis Valdés, Managing Director of Residential Sales Advisory team at Colliers.
Also in Spain, Thor Equities notably acquired sixteen industrial assets throughout the country in the past twelve months. Located in logistics hubs outside of Madrid, Barcelona, and in Vigo, Thor’s European portfolio of existing warehouses, offices, and development sites has expanded significantly. Earlier this month Thor announced the acquisition of an industrial asset in France, and in January of this year, the firm sold a 2.2 million square foot industrial portfolio in the UK.
