The emblematic 25-storey skyscraper, located at one end of Madrid's Gran Vía, in the Plaza de España, is one of the most representative buildings of Madrid's skyline. Standing 117 metres tall, it is the city's eighth highest skyscraper, and throughout its history it has housed hotels, shopping centres, residential properties, and offices.
Construction work began on the Edificio España in 1948, designed by Julián and José María Otamendi, and was completed in 1953, to create a neo baroque style building made from reinforced concrete combined with brickwork and limestone. Its baroque frontage, which is stepped at four different levels, was in its day the highest in Spain and Europe, although it was soon overtaken by the neighbouring Torre de Madrid, built a few years later by the same architects.
Having been bought by the Mallorcan Riu hotel group, it is currently being refurbished and is soon to reopen as a four-star hotel, with 589 rooms and 15 meeting rooms. The future hotel will also have a gastrobar in the lobby, two restaurants, and a skybar spread over the upper two floors. The covered part of the skybar will be on the 25th floor, whereas on the 26th floor there will be a 500 square metre terrace and pool.