The Palacio de la Música project in Madrid is in danger
The endless crisis and the change of Director in Caja Madrid, seem to be responsible for the project that began two years ago with the purchase of this building on Gran Vía, peligre o, at least, change hands. The SGAE wants to acquire the Palacio de la Música from Caja Madrid and thus acquire its third building on the street, together with Coliseum and Lope de Vega, and incorporate it into your Arteria network.
The economic effort made by Caja Madrid has been very important. To the 30 million euros involved in the purchase of the building, we must add the great investment made to refurbish the building and that had generated so much expectation and enthusiasm in music fans.
If no one fixes it, the SGAE will also own this building, It seems that this organization is the only one with possibilities for similar commercial operations., why will it be?