Madrid wave tank to open Q1 of 2025

The project will change the leisure landscape of Madrid, transforming four hectares of land into the next Sports City with an expansive artificial beach.

The Spanish capital has always been known for its vibrant culture, imposing architecture, and passionate love for sports. Madrid is preparing to add a new jewel to its crown – Europe’s next surf park. Thanks to the collaboration between Atlético de Madrid, Stoneweg, and Teras Capital, the city will soon become a surf destination equipped with an artificial beach and waves.

“This project represents a significant milestone for Wavegarden as it further solidifies our vision of bringing surfing and its lifestyle to landlocked areas,” said Josema Odriozola, CEO and founder of Wavegarden. “In collaboration with the Terras Capital team, we have dedicated several years to finding the ideal location in Madrid, and we could not be more satisfied than to be part of this exciting Ciudad del Deporte (Sports City) project being developed by Atlético de Madrid.”

Wavegarden’s Cove technology has brought surf to several locations around the globe including Melbourne, Bristol, São Paulo, Siheung-Si and Switzerland.

Since surfing became an Olympic sport, its popularity and exponential growth is an undeniable reality in Spain and worldwide. The challenge has been that places to practice the sport are often far from cities, and the availability of ideal conditions is seasonal.

Project developers point out that the creation of this surf park opens up the possibility of surfing all year round, while enriching the leisure and service offerings and providing a training facility for national and European teams. This new surf park in Madrid, which is part of the development of the new Sports City has a sustainable and ecological design.

Wavegarden’s wave generation system is designed to minimize energy losses, maximize machinery performance, and recover and reuse part of the energy generated in each wave. Wavegarden’s sustainable approach includes the reduction of water waste, as water is lost solely through evaporation. For this project, in fact, the possibility of recycling water from the sports city is being considered.

The vision of this project goes beyond creating a simple tourist attraction. It is about significantly impacting the local community by providing a space for sports, leisure and fun, while promoting a healthy and active lifestyle. In addition, the facility will be equipped with a surf school, a surf shop, a skatepark, beach bars, amenities for young children as well as other beach sports activities – making the place a complete leisure destination for everyone.

Stoneweg, Teras Capital, and Atlético de Madrid are committed to making this project a milestone in Madrid’s history. With significant investment, a commitment to sustainability, and collaboration with Wavegarden, this wave park is a testament to its vision and ambition. This alliance will not only transform Madrid’s landscape but also elevate the city’s profile as a leading destination in the world of surfing and leisure.

“We are thrilled with this project. It represents a great opportunity for Stoneweg to meet new emerging demands,” said Joaquín Castellví, founding partner of Stoneweg and head of European acquisitions. “Through this collaboration with Atlético de Madrid, we will create an impressive surf park in Madrid, a symbol of sustainability and advanced technology, offering a unique experience for surf lovers and lifestyle enthusiasts globally.”

Miguel de Lucas, the founding partner of Teras Capital, added: “After more than six years of hard work, we have finally found the perfect partners to make this dream a reality. We are excited to offer Madrid residents and visitors a beach experience without leaving the city. We thank Atlético de Madrid for their trust and Wavegarden for their exceptional work that has led us to this point.”