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ISSUE NO. 1784
12 - 18 September 2019
Newspaper in Spain 2017 & 2018
COSTA BLANCA SOUTH
YOUR PAPER, YOUR VOICE, YOUR OPINION
IMPACT: The protected salt lakes of the natural park earmarked to create homes for over 23,000 residents.
SALT LAKE HOMES D E V E L O P E R S a re t o build 2,000 homes on a nature reserve. TM Real Estate Group has bought the land in the La Hoya area close to the protected Natural Park of the salt lake lagoons of Torrevieja and La Mata. This si t e i s t h e l a rg es t piece of open space in Alicante and the development is the biggest in the Alicante Province. The d e v e l o p e r h a d planned to start work before Easter, but plans have been delayed since the beginning of the year. TM Real Estate Group was ordered to present an
a lte rn ativ e s ch eme th a t would move the residential area away from the natural park. The developer, who paid around â‚Ź30 million for the plot, has had to move the residential lots away from the natural park to create a b u ff e r z o n e b e t w e e n t h e pine forest of the lagoon of
La Mata and housing estate. Around a third of the total space of more than 1.8 million square metres - which could eventually accommodate almost 7,500 properties - w ill be ta ke n up by the TM Real Estate scheme. There will eventually be a population of of 23,000 new
residents, with a new bridge over the N-332 and a pedestria n footbridge ove r the CV-905. In a ddition, the re is a n a re a tha t w ill be us e d for commercial buildings and the developer already has an agreement with the multinational DIY Bauhaus to settle in the area.
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