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Planning and Marketing the City for Sustainability: The Madrid Nuevo Norte Project

Author

Listed:
  • Theodore Metaxas

    (Department of Economics, University of Thessaly, 38333 Volos, Greece)

  • Laura Juarez

    (Department of Marketing and Communication, European University of Madrid, 28224 Madrid, Spain)

  • Gaby Gavriilidis

    (Department of Economics, University of Thessaly, 38333 Volos, Greece)

Abstract

Madrid Nuevo Norte (Madrid New North) is an urban redevelopment program applied in the city of Madrid in Spain. Regarding this, the aim of this paper is twofold: firstly, the project examines if the Nuevo Norte project is aligned with the principles of sustainability. Secondly, the paper investigates the impact of Nuevo Norte on the application of city marketing strategies in Madrid. For those purposes, questionnaires were distributed through the Internet to 122 urban developers and planners located in the Spanish capital. The results indicated that overall, Nuevo Norte contributes to the sustainable development of Madrid; however, concerns were identified regarding the budget and the timeline of the project. In addition, Madrid Nuevo Norte provides significant opportunities to local authorities to implement sustainable city marketing strategies, aiming to improve the competitiveness and the quality of life in the city of Madrid. To this end, it seems that city marketing, through the construction of mega projects, should contribute to sustainability, ensuring a better life for local residents and communities in general. The research is expected to assist local authorities in Spain to harness the potential of mega projects such as Nuevo Norte in designing city marketing strategies and to promote Madrid in an international context as a city that gives emphasis in urban sustainability.

Suggested Citation

  • Theodore Metaxas & Laura Juarez & Gaby Gavriilidis, 2021. "Planning and Marketing the City for Sustainability: The Madrid Nuevo Norte Project," Sustainability, MDPI, vol. 13(4), pages 1-22, February.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:4:p:2094-:d:500072
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