The Madrid City Council has prepared “the highest investment budget since 2008” for the 2026 accounts: in total, the capital’s consistory will have 6,578 million euros for the next fiscal year and an important part of it will be allocated to major works in different neighborhoods of the capital.
The amount allocated to the Area of Works and Equipment, in fact, is increased by 1.3% with respect to 2025 -reaching 645.4 million euros for such works-. Of this amount, 208 million will be allocated to the conservation and improvement of public roads (roadways, sidewalks and tunnels, with special attention to school and senior center environments).
The rest will be distributed among these important projects that will transform the city, some of which are already underway, such as the Parque de Ventas and Parque Catellana.
Next year some of them will be completed, such as the aforementioned Parque de Ventas, the undergrounding of the A-5, the Paseo Verde del Suroeste and the covering of the final section of Castellana, which will have a budget of 279 million euros.
Major works by districts to begin in 2026
In this category fall, for example, the remodeling in the Centro district of Calle Alcalá between Cibeles and Plaza de la Independencia with the creation of a -more discreet- boulevard than the one it once had.
Work will also be carried out for the pedestrianization of the historic center of Barajas, the urbanization of Gran Vía del Sureste (in Ensanche de Vallecas) and the rehabilitation of squares such as Chamberí, Oporto or Jacinto Benavente.
As for the accounts of the districts -which experience their highest growth by exceeding 1,000 million euros for the first time-, works will be carried out such as the refurbishment of the Retiro pond -with an investment of 113,679 euros- or the construction of a footbridge for pedestrians and cyclists linking the district of Arganzuela with that of Carabanchel, for more than one million euros.
The Budget 2026 project can be consulted in full at this link. The Deputy Mayor of Madrid and municipal spokeswoman, Inmaculada Sanz, has pointed out that they are mainly structured around four axes: “economic strength, social sensitivity, improvement of the quality of life and territorial cohesion”.