The project, Galicia Sports 360, will begin construction in the second half of next year and will include research laboratories, culture, leisure, sports tourism, sports medicine and facilities for the practice of all sports.
The total investment will be approximately 70 million euros, making it the largest private investment project in the south of Galicia, with a total surface area of 300,000 m2 and approximately 75,000 m2 of constructed area, and will generate some 250 direct jobs.
To carry out this ambitious project, MolcaWorld and CBRE will implement strategic consulting services to cover the needs of Galicia Sports 360 real estate throughout its life cycle, including Project Management through Bovis from CBRE for the design, bidding and construction phases, and will also provide comprehensive revitalization services for the project’s facilities and spaces.
MolcaWorld, which signed a strategic agreement with CBRE last year to develop sports projects, has participated in the revitalization of more than 24 stadiums with consulting projects. It is currently expanding internationally with projects in Mexico, with the Azteca Stadium, Saudi Arabia, with MRSOOL Park and in Italy with the Modena Stadium.
“We have been collaborating with RC Celta since 2017 in all their needs at stadium level and we also intervened in the first phase the Afouteza sports city. It is a challenge for us to be able to participate in the most ambitious project of the club in recent times.
We will help strategically and conceptually in everything necessary for the Club to achieve its growth objective. Once again, we would like to thank the RC Celta team for the trust they always place in us” explained Fran Carrasco, CEO of MolcaWorld.
“We are very happy and enthusiastic to be able to work in this ambitious project in the first level sports industry sector” said José Ángel Sospedra, Business Sponsor JV MolcaWorld & CBRE – Sports Development, who added that thanks to Galicia Sports 360, and hand in hand with MolcaWorld and RC Celta, “our firm is positioned with a pioneering real estate services in a segment that is becoming increasingly important in our industry,” said Sospedra, who explains how Real Estate enhances sports spaces through a concept of architecture, interior design that includes materials, furniture and supports that dress and shape the environment, from the brand and identity of each Club.
Galicia Sports 360 was presented earlier this year to the Xunta de Galicia as a project that will transform the sports industry in the community and in Spain through innovation, as Galicia Sports 360 is only comparable to three other similar complexes in Europe, located in Paris, London and Berlin. For Carlos Mouriño, president of RC Celta.
“With Galicia Sports 360, we are marking a before and after in the sports industry in our country, as we are going to create a sports city that will have innovation and training, sports tourism, catering, research in sports health, leisure, multisports and social commitment in training athletes and our youth academy soccer.”
As for the development of the project, concludes Mouriño “we are very excited to work hand in hand with MolcaWorld and CBRE, as a project of this magnitude requires going with experts in the field, as is the case of both companies.”
About RC Celta.
RC Celta is one of the historic clubs in the First Division and one of the eight that have been in the top flight of Spanish soccer for 11 consecutive seasons. On its way to its centenary, RC Celta has become a management model for clubs in the Professional Football League.
In the last few years, RC Celta has multiplied its patrimonial value with the inauguration of a headquarters in the center of the city that houses various businesses, from clinic, store, residence, convention hall to cafeteria and restaurant with Michelin Star, and the first phase of its new sports city, an example of sustainable management and integration with the environment.
RC Celta also has the best youth academy in Spain, as recognized by the League itself, and exports its management model and methodology all over the world.
With completely healthy accounts, the club is experiencing a moment of international expansion with an increasingly intense brand presence in many countries.
About MolcaWorld.
MolcaWorld is a company, with more than 24 years of experience, specialized in strategic business consulting, based on creative design, concept, and implementation for major brands and sports entities.
It develops creative and innovative concepts driving brands and Clubs to achieve the maximum return on investment; generating experiences for their consumers and helping to revalue their brand. More information at www.molcaworld.com.
About CBRE.
CBRE Group Inc, headquartered in Dallas and listed on the NYSE and included in the Fortune 500 and S&P 500, is the leading international real estate consulting and services company (based on fiscal 2020 revenues). It has more than 100,000 professionals in more than 100 countries.
It has been present in Spain since 1973, where it offers real estate services through 9 offices (Madrid, Barcelona, Bilbao, Valencia, Alicante, Malaga, Seville, Zaragoza and Palma de Mallorca).
The various services that CBRE provides to its clients are offered from the following departments: A&T Industrial, A&T Offices, Property Management, Building Consultancy, Corporate Finance, Cross Border, Debt Advisory, Investment Funds, Global Corporate Services, Hotels, Institutional Investments, Private Wealth, Residential, Retail, Land and Valuations. More information at www.cbre.com and www.cbre.es.
