Valencia has presented this Monday the implementation of the PAI del Grau, an urban project that will transform more than 380,000 square meters of land into a new residential, green and technological area, open to the sea.
The consistory takes another step towards the completion of this project, after the procedures also initiated by the previous government team led by Joan Ribó in 2018. At that time a PAI similar to the current one was presented, with 3,000 homes projected in this area.
More than 3,200 new homes in Valencia
The plan presented by the municipal team foresees the construction of 3,204 housing units, of which 780 will be public protection and about 300 will be for affordable rent, directly promoted by the City Council.
In addition, the project will have 160,000 m² of green areas, which will extend the Jardín del Túria to its mouth, more than 3 kilometers of bicycle lanes and 430 tree wells.
In 2023, the (Con)fluir project was chosen as the winner of the international ideas competition to design the Parque de Desembocadura, which will connect the old Turia riverbed with Poblats Marítims in the final stretch of the Turia Garden.
A new 94,000 m² technological hub will also be created, which will be integrated with La Marina, La Harinera and Las Naves.
The consistory will reserve 45,000 m² for public facilities such as schools, health centers, cultural and sports facilities.
In addition, two storm tanks with a capacity of 6,000 m³ will be installed to protect the area against flooding and contribute to the sustainable irrigation of the area.
The project also contemplates a direct connection between the Moreras and Nazaret neighborhoods with the Grau by means of a new bridge, as well as the integration of l’Albereda and França Avenue with the seafront.
How much will it cost and when will the PAI del Grau works start?
The PAI del Grau is presented as one of the largest urban development operations of the last decade in Valencia, with an expected private capital investment of 150 million euros.
The City Council’s forecast for the start of the works is 24 months from this date.