Nomadar Corp. Secures Key Urban Development Approval

Tip Ranks
2025.11.10 22:03
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Nomadar Corp. announced that the City Council of El Puerto de Santa María approved an Urban Development Agreement with its controlling shareholder, Sport City Cádiz S.L. This approval allows for the transformation of 291,000 m² of land into an Urban Transformation Area, including a 110,000 m² Multiuse Event Center with a 40,000-seat arena. This development aims to position the Bay of Cádiz as a hub for innovation and international collaboration, following Nomadar's recent Nasdaq listing.

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Nomadar Corp. Class A ( (NOMA) ) just unveiled an announcement.

On November 10, 2025, Nomadar Corp. announced that the City Council of El Puerto de Santa María approved an Urban Development Agreement with Sport City Cádiz S.L., Nomadar’s controlling shareholder, marking a significant step for their Sportech City project in southern Spain. This approval allows the transformation of 291,000 m² of land into an Urban Transformation Area, paving the way for a 110,000 m² Multiuse Event Center, which will include a 40,000-seat arena and facilities for international events. This development is expected to position the Bay of Cádiz as a hub for innovation and international collaboration, following Nomadar’s recent Nasdaq listing.

More about Nomadar Corp. Class A

Nomadar Corp. is a U.S.-based company operating at the intersection of sports, tourism, technology, and health. It is a subsidiary of Cádiz CF, a professional soccer club in La Liga. Nomadar focuses on developing innovative projects that connect global audiences through experiences combining health, entertainment, and digital engagement. The company is advancing the Sportech City real estate development project in southern Europe, aimed at hosting international sports, cultural, and corporate events.

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