KONE Corporation, press release, July 30,
KONE, a global leader in the elevator and escalator industry,
has won an order for the Caleido mixed-use property in Madrid,
Spain. The development covers over 70,000 square meters of floor
space and includes a 36-story high-rise to complement the four
existing towers on the site.
Caleido will become Spain's first educational tower, housing
the Instituto de Empresa (IE) university campus. Beneath it, a
lower building that forms an inverted T, will feature a Quirón
Salud medical clinic specialized in preventive medicine and sports,
as well as commercial premises, restaurants and large green
KONE will equip the development with 18 KONE MiniSpace(TM)
high-rise elevators traveling at maximum speeds of up to 6 meters
per second, 24 KONE MonoSpace® machine room-less elevators, four
KONE TranSys(TM) heavy-duty service elevators, and four KONE
TravelMaster(TM) 110 escalators.
KONE will also provide its advanced people flow solutions to
enable students, teachers, medical staff, and visitors to move
around the site smoothly, safely and efficiently. These include the
KONE Destination control system, which optimizes elevator
performance to minimize waiting times and maximize convenience for
building users. KONE Access will integrate the buildings' doors
seamlessly with the elevator system for secure and efficient access
management, and KONE InfoScreens will offer a quick an easy way to
deliver multimedia and web-based information and guidance in the
"Caleido will be a melting-pot of knowledge, culture,
technology, health and leisure, gathering a diverse mix of people
and interests. Catering for their varied needs for moving around
the buildings efficiently and securely requires careful planning.
We are very excited to put the best of our advanced technology to
work to do just this!" says Pierre Liautaud, executive vice
president, KONE South Europe, Middle East and Africa.
KONE will maintain the equipment in the buildings with its
intelligent KONE 24/7 Connected Services. KONE 24/7 Connected
Services uses the IBM Internet of Things (IoT) platform and other
advanced technologies to improve equipment performance, reliability
and safety. It enables vast amounts of data gathered by sensors
connected to the elevators to be monitored, analyzed and displayed
in real time, leading to less equipment downtime, fewer faults, and
detailed information on maintenance work.
The developer of Caleido is Espacio Caleido, a joint venture
between Inmobiliaria Espacio and Megaworld Corporation. The
architects are Fenwick & Iribarren and Serrano-Suñer. The
project is expected to be completed at the end of 2020.
KONE booked the order in the second quarter of 2018.
For further information, please
Hanna Rutanen, Senior Manager, Communications, KONE
Corporation, tel. +358 41 5071361. email@example.com
About the Caleido project on the following websites:
Previous press releases are available at
At KONE, our mission is to improve the flow of urban life. As
a global leader in the elevator and escalator industry, KONE
provides elevators, escalators and automatic building doors, as
well as solutions for maintenance and modernization to add value to
buildings throughout their life cycle. Through more effective
People Flow®, we make people's journeys safe, convenient and
reliable, in taller, smarter buildings. In 2017, KONE had annual
net sales of EUR 8.9 billion, and at the end of the year over
55,000 employees. KONE class B shares are listed on the Nasdaq
Helsinki Ltd. in Finland.