Madrid Xanadú

Madrid Xanadú
Location Arroyomolinos, Madrid, Spain
Opening date May 16, 2003
Developer Mills Corporation
Owner Ivanhoe Cambridge
No. of stores and services 222
No. of anchor tenants 14
Total retail floor area 1,200,000 square feet (110,000 m2)
No. of floors 2
Parking Lighted Lot
Website madridxanadu.com

Madrid Xanadú is a large shopping mall and entertainment center in Arroyomolinos, Madrid, Spain at the Autovía de Extremadura section. The Mall is one of Europe's largest and most recognized, with over 222 shops, eateries, and a 15-screen Cinesa Movie Theater. The main attraction is Madrid SnowZone, a huge covered track, used for skiing and to go snowboarding. The track is from a Canadian company, Intrawest. The mall was named after the 1981 film Xanadu, starring Oliva Newton-John.

Major Anchors

Mall Ownership

The American-based Mills Corporation developed the mall in 2002. It opened the next year with great fanfare. Madrid Xanadú was the company's first mall outside the United States and was planning to build more malls in Europe. In 2006, the Canadian real estate company Ivanhoe Cambridge bought Madrid Xanadú from Mills to alleviate the latter company's financial problems.

Xanadu's Counterpart

In 2004, The Mills started to build its counterpart, Xanadu Meadowlands (formerly named Meadowlands Xanadu) in New Jersey, however, ownership changes and countless delays have plagued the complex and it has yet to open. The complex has been renamed as American Dream Meadowlands by its new owner Triple Five Group, who bought the complex in 2013.

References

Coordinates: 40°17′57″N 3°55′39″W / 40.29917°N 3.92750°W / 40.29917; -3.92750

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