According to Four Seasons, the portfolio of their hotels is to be expanded with the development of the Canalejas Project in Madrid, to be opened in 2016.
Following careful repairs, sensitive restoration and modern renovations, Four Seasons plans to create a new social and business centre, a five star gathering place for Madrilenians and international visitors alike.
The multi-use complex will include the 215-room Four Seasons Hotel, luxury residences also managed by Four Seasons, an exclusive shopping centre and a 500-space parking garage. Following the planning process, construction is projected to begin at the end of 2013.
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Update (21.06.13): The project.