Paracuellos del Jarama has announced the largest urban development project in its history: the construction of a new neighborhood, Miramadrid 2, with 7,233 homes, more than half of which will be subject to official protection.
This plan will be deployed on an area of more than 2 million square meters currently dedicated to dry farming, and contemplates the transformation of the municipality with modern infrastructures, green areas of more than half a million square meters and new avenues, the Rondas Norte and Sur, to improve local mobility.
How and when Miramadrid 2 will start to be built
The development will be carried out in three staggered phases, with the aim of matching the arrival of new families with the progressive provision of services and facilities. Its execution, scheduled to begin in 2027 and last about eight years, aims to double the local population from the current 28,000 inhabitants to 50,000 within the next decade. The first phase foresees the construction of more than 4,000 homes between 2027 and 2030, almost all of them subsidized, in addition to single-family homes. The second phase, from 2030 to 2032, will add 2,200 units, all of them free housing; and the last phase, until 2034, 946 single-family homes, completing the neighborhood.
The mayor of Paracuellos de Jarama, Jesús Muñoz, assures that “the city project responds to the real needs of our neighbors. We are committed to balanced growth, with affordable housing and ample green areas”.
Special emphasis is placed on the idea of sustainability, social cohesion and residential diversity, with energy efficiency criteria and a mix of housing designed for young people, families and the elderly. The City Council and the developers also emphasize that Miramadrid 2 will not only offer houses, but also local commerce and community spaces, avoiding the dormitory city model that is found in other areas built on the outskirts of Madrid, such as Las Tablas.
