The project backed by the Fundación Montemadrid to reopen the ‘Palacio de la Música’ (Music Palace), located on Madrid’s Gran Vía, has obtained the necessary license for the renovation work that will allow it to reopen as a theatre, after being closed for almost 12 years. During the crisis, the capital’s main thoroughfare went from having 13 cinemas and theatres in operation to just three in only a few years.
The Activities’ Agency granted the licence last Friday 24 April, so that, when the situation permits, work can begin on the “restructuring, refurbishment and restoration of the interiors and exteriors” of the property located on Gran Vía 35, which is a listed building.
