Barcelona and Madrid have very suitable characteristics to be global, humane and sustainable cities. even with greater potential than cities like Sacramento, or Los Angeles. This is due to the fact that cities must be compact, with an efficient density and distribution of uses, concentric, with nearby services in each of the neighborhoods (15 minutes city), they will have to prioritize the individual over the car, consolidate the sharing economy to optimize the use of both economic and space resources, develop a new technological, innovative building / rehabilitation with zero emissions and with strong public-private collaboration.
And in all the above points, Barcelona and Madrid surpass most of the large global cities thanks to that society and cities that those who visit them like so much, remembering that we are the second most visited country in the world, these relational and affective societies and with a network of local stores that is still a global success story.
This article aims to describe the perspective from Mimeisa Asset Management on the cities of the future considering current trends and their application in Barcelona and Madrid, without pretending to be a definition of the ideal city but, considering the behaviors, beliefs, needs and trends of the society and its leaders, understand where they are headed.
This vision of Mimeisa Asset Management about the city of the future is positive and optimistic, centered on a city that tends to zero environmental impact and an urbanism that prioritizes people. Although the main doubt arises from when the city will be reached that does not negatively impact the environment, the path traveled is significant and should not be underestimated, since the historical heritage is being preserved, as never before, accessibility and noise pollution, the design and quality of parks are valued, adequate and sustainable lighting is reviewed and evaluated, and there is a private sector which believes and invests in sustainability and that has already accepted and global systems such as certificates such as Leed or Breeam which increase the value and liquidity of assets.
Going into greater detail, the trends and aspects that Mimeisa Asset Management considers the urban planning of the human and sustainable future should take into account are identified below.
First, the sharing economy (sharing economy), existing for centuries but that has really had an effective impact with the appearance of new technologies by allowing a better use of resources by allowing the sharing of assets that are usually underused by a single owner / user among several people who distribute the investment and / or maintenance. This results not only in economic savings but also in an improvement in the efficiency of resources and, therefore, a more sustainable use of space, which in cities is usually very limited, or of natural resources by reducing consumption. An important example is the car, which has a huge impact on cities, not only because of its pollution but also because of its requirements, leading its proliferation to an urbanism that prioritized the car over people for many decades of the 20th century; cities like Los Angeles have 60% of their territory dedicated to the automobile; never before had Barcelona or Madrid had such a high use of bicycles, scooters or shared electric cars, which have a very positive impact on urban planning, building design and savings in natural and economic resources, resulting in less use of car parks, another element with a high impact on the environment.
Second, the development of a new building or rehabilitation with no environmental impact – zero emissions, being efficient with the use of nearby materials (its extreme would correspond to km0) t in its facilities with innovative construction designs and processes; likewise, the incorporation of elements “nudge”, That is, designs that involve positive reinforcement and indirect suggestions as ways to influence behavior and positive decision-making related to consumption and sustainability.
Third, a humanistic urbanism that considers that “machines must be at the service of man and not man at the service of machines”(Gaudí, 1926), that recovers public spaces and prioritizes the passerby to the car; a vision of almost a century ago that is more current than ever and accepted by the referents of 21st century architecture such as Herzog & De Meuron or Richard Rogers. Actions such as reducing traffic in some sections of Barcelona’s Diagonal or Passeig San Joan or Madrid’s Gran Vía and Canalejas are some examples.
In fourth place, the compact and concentric city, that is, that city with an efficient population density that allows the sharing of resources by optimizing its OPEX and CAPEX and the allocation of its resources to the services of greater added value such as social needs, education , shared transport or sustainability. Barcelona and its notorious “Eixample”Are an example of a city of very efficient density that is referred to as one of the success stories. This allows a city where most have services within a 15-minute walk, being able to work, study, play sports and shop close to home.
In fifth place, sustainable design with efficient and abundant landscape elements, recovering more natural spaces with the use of aggregates, gardening and trees in the center of cities. An example of this is Madrid Río, a clear example of urban transformation considering these criteria.
Sixth, local commerce, which tends to be specialized, in line with a healthy lifestyle and developed in the nearby environment that allows the creation of self-sufficient societies with little logistical impact. Mimeisa foresees cities with small, nearby and highly specialized shops with fresh produce resulting in a positive impact with the proliferation and recovery of neighborhood businesses with positive externalities both in employment, as well as in the quality of work and life.
In seventh place, and very relevant, is public-private collaboration, more necessary than ever due to the high indebtedness of the institutions and their bureaucratic requirements that limit decision-making. Examples such as Azca in Madrid, with the Renazca project, are the way forward for the future development of cities with an active and leading role in the private sector. Projects that invest in sustainability and in the generation of friendlier and more humane spaces increase their value by setting aside the view that the interest of companies is not aligned with the global interest.
Eighth, technology and work, as an element that partially allows the traditional office to be relocated, reducing, likewise, corporate trips and with it the consumption of resources in time and transport and improving the balance of work and personal life. The consolidation of the location of coworking or flex spaces in commercial premises or buildings in the different neighborhoods of the cities seems to be beginning.
In conclusion, the starting point of Madrid and Barcelona as cities is excellent for it to allow, in the coming years and decades, to move towards the humane and sustainable city that the global cities in which 70% of the global population will live will probably require. 2050.
Jaume Roig Hernando
Director of Real Estate
Mimeisa Asset Management