With an investment of 120 million euros, the production hub will cover 140,000m2 which will hold studios, offices, warehouses, restaurants, auditoriums, green areas and an innovative college campus.

Secuoya group presented Madrid Content City, the biggest audiovisual production hub in Spain and one of the largest across Europe.

Located in Tres Cantos, 20 kilometers from Madrid, the hub was inaugurated at the beginning of this year when the first phase concluded (22,000 m² distributed between five studios, production services, offices, warehouses, catering areas and an auditorium), and Netflix chose it as its home in Spain.

Now, Secuoya announced together with Grupo Planeta the ambitious plans for this project, which has an investment of 120 million euros of private capital and promises to become the “European epicenter of the audiovisual industry”.

The presentation was led by Raúl Berdonés, president of Grupo Secuoya and Madrid Content City, and was attended by the Minister of Science, Innovation and Universities, Pedro Duque; the president of the Community of Madrid, Isabel Díaz Ayuso; and the president of Grupo Planeta, José Creuheras, among others.

Berdonés explained that the project consists of three phases. The second will be launched in February 2020 and is scheduled to be ready by mid-2021. It will add 37,000 m², which will include five additional studios (one of 2,000 m² and four of 1,500 m²), restaurants (2,400 m²), production offices (3,500 m²), warehouses (6,000 m²) and company offices (6,186 m²).

The third phase, which will add 65,000 m² and conclude during the last quarter of 2021, will implement offices, green and sports areas, and an innovative university campus (21,000 m²) with capacity for 7,000 students.

The Training and Universities division of Grupo Planeta will participate in Madrid Content City with this university project specialized in audiovisual creation, management and production, leading to a groundbreaking ecosystem, which will bring together industry, university and professionals in one place.

Madrid Content City will offer a total of 10 studios, with the possibility of working in parallel, simultaneously and independently in a dozen productions.

The completed project will have 140,000 m² that will include training, industry, production services, endowment areas and “everything necessary to make Madrid the epicenter of the industry and be one of the country’s development engines.”

In addition, Madrid Content City will thus become the second largest production center in Europe, only after Pinewood (United Kingdom), and ahead of Cinecittà in Rome, Babelsberg in Germany and Cite du Cinema in Paris.