Metrovacesa offers a wide variety of new residential developments and commercial premises throughout the country, covering major cities, top-tier tourist destinations, and high-potential urban areas.
The company’s activity is focused on provinces such as Madrid, Barcelona, Valencia, and Málaga, where it holds a significant land bank for residential project development.
The company carried out a broad and complex plan with three distinct projects: urbanizing the area, designing streets and creating infrastructure; constructing rental housing buildings; and developing a garden city aimed at upper-class residents.
A sister company, Compañía Inmobiliaria Metropolitana, was created, and new housing projects were designed for Avenida Reina Victoria in Madrid and its surroundings.
1940s Among the projects completed in the 1940s, the most significant was the Lope de Vega building, a full block on Madrid's Gran Vía, comprising several structures with uniform façades and designs.
Additionally, Bami, S.A. Inmobiliaria de Construcciones y Terrenos, linked to Banco Mercantil Industrial, was founded to promote housing for sale.
Emulating the American style of self-sufficient mini-cities, the structure incorporated shopping passages, hotels, apartments, offices, restaurants, and a rooftop swimming pool.
1970s In 1973, following an agreement with El Corte Inglés, the Compañía Inmobiliaria Metropolitana began constructing a complex between Madrid's Princesa and Alberto Aguilera streets, which included a hotel, offices, and parking facilities, inaugurated in 1976.
In 1977, the company built its first office building north of Paseo de la Castellana in Madrid, in what would soon become known as the AZCA area, adjacent to Vacesa's construction.
Notable examples include Thader in Murcia, El Saler in Valencia, Artea in Vizcaya, and Tres Aguas in Alcorcón.