PLAY VIDEO
Casa Llorens
Transformative Process
Transformative Process
Bringing
modernism into
the XXI century
Casa
Llorens
Llorens
Acquisition of Casa Llorens, a modernist building from the early twentieth century that is situated in Barcelona’s central Eixample District, with the purpose of refurbishing and transforming the building into a city landmark.
Location
Barcelona city center, Spain
Type of Deal
Debt & Equity
Underlying Asset
Residential building
Underlying Asset Size
2,750 m2 of built area
Underlying Strategy
Rehabilitation
Status
Ongoing
Transformative
Process
Process
Before
After
The Challenge
Faithfully restore this unique historical building, while bringing it into the 21st century through sustainability and technology-focussed solutions. Preserve its original architecture and restore elements that were destroyed during the mid-century in order to transform the building into a trophy asset and a city landmark.
The Approach
Conduct an exhaustive historical study of the building and its unique architectural features, integrating new technology and sustainable solutions like renewable energy to guarantee its longevity into the future. Preserve local heritage and reinvigorate this iconic property in collaboration with the best craftsmen and experts in modernist restoration.
The Outcome
Reconstructed the roof’s original twin towers and angel sculpture and constructed an additional penthouse floor that honors the building’s 20th-century design. Refurbished the facade and insulated it to reduce energy consumption, integrating innovative construction techniques while preserving the spirit of the site.
The
Asset
Asset
A modernist building in the heart of Barcelona that has sat abandoned for the last 20 years. Constructed in 1906 by the architect Josep Pérez i Terraza, this impressive building is part of the rich architectural heritage that makes Barcelona a major tourist attraction.
Location
The Quadrat d’Or of Barcelona’s central Eixample District.
Located near the intersection of Barcelona’s main commercial streets, Paseo de Gracia and the newly renovated Avenida Diagonal, the building is perfectly positioned along the city’s major arteries in a historic neighborhood which is one of the main commercial and residential areas of the city.
Assets size
The total built area is 2,440 square meters, with rights to build a new penthouse of 250 square meters.
