A new cultural area and
business center is to be set up on the waterfront in Bilbao, as part of
the plan to revitalize the city. The area is located between two major
landmarks of the Bilbao of the future: the Guggenheim Museum Bilbao and
the Euskalduna Conference and Concert Hall.
A NEW BUSINESS CENTRE
The construction of a
new cultural area and business center, in a 348,500 m2 site in the very
heart of the city, will reflect the traditional urban values of a European
City.
80,000 m2 of offices,
a 31,000 m2 shopping area, a hotel, an extension of the Universities and
600 apartments, will give birth to an area of multiple international activities.
The site will be surrounded
by more than 200,000 m2 of gardens & open spaces stretching along one
kilometer of the riverside, where both the Bilbao Guggenheim Museum and
Euskalduna Conference & Concert Hall are already located.
The main guarantor is
Bilbao Ria 2000, a public organization in which the Spanish and Basque
administrations each hold a 50 % stake.