For a given Hilbert space H, consider the space of self-adjoint projections P(H). In this paper we study the differentiable structure of a canonical sphere bundle over P(H) given byWe establish the smooth action on R of the group of unitary operators of H, therefore R is an homogeneous space. Then we study the metric structure of R by endowing it first with the uniform quotient metric, which is a Finsler metric, and we establish minimality results for the geodesics. These are given by certain one-parameter groups of unitary operators, pushed into R by the natural action of the unitary group. Then we study the restricted bundle R + 2 given by considering only the projections in the restricted Grassmannian, locally modelled by Hilbert-Schmidt operators. Therefore we endow R + 2 with a natural Riemannian metric that can be obtained by declaring that the action of the group is a Riemannian submersion. We study the Levi-Civita connection of this metric and establish a Hopf-Rinow theorem for R + 2 , again obtaining a characterization of the geodesics as the image of certain one-parameter groups with special speeds. 1 1 2010 MSC: 22E65, 47B10, 58B20.