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December 4, 2014

The Winterthur building will house luxury apartments

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The Winterthur building will house luxury apartments

The landmark building on Plaza Francesc Macia in Barcelona resumes its activity after several years of being empty. The building will house THE eight luxury apartments, one per floor, plus it stores and services built. The price per square meter of housing will be between 10,000 and 14,000 euros.

In 2003, the company Winterthur has left the building, which was built in November 1969 at the Plaza Francesc Macia. The all-glass facade from the beginning it was not missing by locals for its uniqueness. Originally, it was planned to build in the building the five-star hotel and the owners of the building at the time – Reig Capital Group- signed a contract with the international hotel chain Marriott to open and manage a new luxury hotel. But due to the economic crisis that affected the country, the project was suspended. The building was empty for several years, despite being located in one of the most exclusive locations of Barcelona.

And now, it seems that eleven years after the close of business, the ife will return to the building. Two years ago, the building was purchased by the management of funds company Squircle Capital, which gave a new impetus to the original structure of Francesc Macia, 10, and has found a new use for it, abandoning the project of building the hotel.

It will be a block of eight luxury apartments, which will retain the unique facade, which is a distinctive feature of the building, and is widely known as “eyebrows”. Special windows of the building facades are protected by the City Hall of Barcelona, although they are not officially included in the list of protected items.

At the same time, the specific design of the building, with curves and a facade that has 26 windows on the floor, has caused serious difficulties for the change of its use to residential block, rather than commercial, as it was previously. The restoration project is in charge of the team, which will be led by Brazilian architect Marcio Kogan, who admits that, although in November this year the construction turns 45 years old, it still has a modern design. The final project for transforming the interior of the building includes construction of apartments ranging from 500-600 square meters, equipped with common amenities such as concierge, security 24 hours a day, swimming pool or gym.


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