AI-Generated Summary
Distrito Universidad is Spain's first smart city focused on subsidised rental housing, developed by Lagoom Living with the Instituto de Crédito Oficial (ICO) and EU NextGenerationEU funds. The project plans 530 affordable rental units at ~€600/month, emphasising sustainability, energy efficiency, and community co-responsibility.
Construction by Sacyr has reached 32% completion ahead of schedule. The initiative stems from a public-private partnership involving the city council (free land worth €13 million), regional government (€25.5 million), and national authorities, totalling ~€90 million.
The project serves as a benchmark for expanding Spain's social rental stock (currently 3.4% nationally) through tech-integrated, affordable housing.