Pimesa Allocates Land in Elche to PLD Space and Novagrid for Industrial Projects
Pimesa has allocated land in Elche to PLD Space for 2.8 million euros and Novagrid for 3.6 million euros for industrial projects. PLD Space intends to construct a factory for Miura 5 rockets, pending necessary approvals, while Novagrid will manage seven plots but must await land reallocation before proceeding. Both companies have specific timelines to secure permits and finalize land purchases.
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Pimesa has pre-adjudicated land in Elche to PLD Space for 2.8 million euros at Porta d'Elx and Novagrid for 3.6 million euros at the future Parque Empresarial expansion. PLD Space plans to build a factory for Miura 5 rockets on over 495,000 square meters, pending urbanization and approval from the Generalitat due to the land's rustic classification.
They have 180 days post-adjudication to secure necessary permits. Novagrid will manage seven plots totaling 102,351 square meters, but is awaiting the completion of land reallocation for sector E-49 before urbanization can begin. Novagrid has 90 days to finalize the land purchase once awarded and one year to apply for construction licenses.
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