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Palacio De Deportes
What initially began as a market garden, but later got turned into a bullring, is the sight on which the famous Palacio Deportes sits today.
Since the opening of this multi-purpose building, it has been considered as a top-notch venue that hosts a multitude of events.
Sporting events such as basketball, athletics, gymnastics, boxing, cycling, and handball are to name a few which have been most frequently organized throughout the history of the Palacio de Deportes.
Other events include concerts, circuses, musicals, and ice shows, where the first ice show was held just two months after the opening of the Palacio de Deportes, on 17 April, 1960.
The I World Jazz Festival was celebrated in the following year of the opening of the building, and from 1970 and during several consecutive years, the World Circus Festival was installed in the Palacio de Deportes for the Christmas season.
Located in one of the most central points of Madrid, in the Salamanca district, Europe is the Palacio Deportes. The building"s easy location makes it possible for its patrons to use any type of public transport to get to it.
Palacio de Deportes had to witness a conflagration mishap in June, 2001, due to which the whole building was burned resulting in destroying of the roof, among other features.
A public company dependent on the Madrid Regional Government Treasury, known as ARPROMA, was commissioned with the construction of the new building in July, 2001, with the work being commenced on 20 February, 2002.
However, the fire accident proved to be fortunate for the venue. The new Palacio de Deportes was reconstructed in only three years with the clear objective of strengthening and multiplying its possibilities to hold grand events.
The building re-opened in February, 2005, with an increased seating capacity of maximum of 16,000 spectators following, improved acoustics and much more. Since then, Palacio Deportes has been the venue for important sports events such as the European Athletics Championships, the World Taekwondo Championships or the 70th edition of the Basketball King"s Cup, among others.
International artists such as Bruce Springsteen, Coldplay or Depeche Mode have performed on stage there. This multifunctional building for the organization of sports, cultural and musical events, is outstanding in Europe.
The new installation has an area of 82,044 square meters, which is 14,000 more than the former Palacio de Deportes, with the use of advanced techniques in its construction which combine safety with a polyvalent use of the building, accessible to all audiences.
The Palacio de Deportes is administered and exploited by Madrid Deportes y Espect?culos S.A Company. The contract is for a period of 7 years until 2012, and is extendible for a maximum of three years.
The Palacio de Deportes serves as an arena which is dedicated to sports and shows where the most demanding needs of the Community of Madrid, the general public and events organizers, at every level, are met and satisfied.