Nobu Hotel Madrid will be the company’s 11th hotel in the European continent.
It will open after renovating an existing office building located at 26 Calle Alcalá, between Plaza de Cibeles and Puerta del Sol.
The company is yet to provide the number of rooms in the hotel but said that it will feature a tri-level Nobu restaurant and bar, a rooftop bar, a lounge and an advanced fitness centre and spa.
Nobu Hospitality chief executive officer Trevor Horwell said: “We are absolutely thrilled to finally launch in the magnificent city of Madrid. A bustling mecca of art, culture, and cuisine, the Spanish capital is an important destination for us.
“This will be our fifth hotel in Spain, and we look forward to further expanding our Spanish footprint to create a truly memorable hospitality experience for local residents as well as our international Nobu guests.”
Californian architectural/design group Studio PCH, which designed multiple Nobu properties including Nobu Malibu and Nobu Hotel San Sebastián, will reimagine the property’s restaurant.
Nobu Hospitality has signed a long-term agreement with Millenium Hospitality Real Estate SOCIMI (MHRE) to develop the new hotel.
The hotel will be the second project for the partners after recently announcing Nobu Hotel and Restaurant San Sebastián.
MHRE has five-star hotels across Spain and Portugal.
MHRE president and CEO Javier Illán Plaza said: “We are so proud to continue our great relationship with such a successful luxury international brand and bring to the City of Madrid the Nobu experience and the exciting restaurant and rooftop bar which we’re sure will be well received by local residents and travellers alike.”
In January this year, Nobu Hospitality announced its first hotel and restaurant in Greece on the island of Santorini.