By Lisa Burgess • 14 January 2020 • 10:18
INTEMPO BUILDING: Dominates the Benidorm skyline. Photo credit: Doblecaña
WORKMEN and machinery have returned to the site of the unfinished Intempo building dominating the Benidorm skyline.
Construction halted five years ago on the 198-metre, 47-storey building which has been dogged by bankruptcy and court cases since the project was announced in 2006 and the foundations laid in 2007. The Intempo debt, taken over by Spain’s “bad bank” Reestructuracion Bancaria (Sareb), was finally bought in 2017 by US investment firm SVP Global for €60 million.
The new owners have left finishing and selling the tower block’s 256 apartments, garages and storage spaces to the Catalan developers, Uniq Residential. Intempo is 93% built and the Spanish multinational Dragados will conclude work on the interiors and exteriors in around 18 months.
SVP Global has now redesigned some aspects of the original project which will mainly affect the 13,000 square metres of the tower’s communal areas. These include the two upper floors, which will have a spa, massage rooms, a sauna, a gym, jacuzzis and a roof garden. There will be an 800-square metre beach-style pool at the rear of the building with a 90-square metre children’s pool occupying a total area of 4,300 square metres. The terrace in front of Intempo’s west wing will have a 1,000-square metre children’s play area while the east wing will have a private restaurant for residents and a 1,200-square metre terrace with swimming pool.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our
Download our media pack in either English or Spanish.