Torre Picasso


Torre Picasso is a skyscraper in Madrid, Spain designed by Minoru Yamasaki. From 1988 until 2007 it was the tallest building in Madrid, measuring and with 43 floors. Torre Picasso is located next to the Pablo Picasso Square, within the commercial complex AZCA along the Paseo de la Castellana.
The building is currently the fifth largest in Madrid and the tenth tallest building in Spain.

History

Planning and construction

The Torre Picasso was part of a plan to build a large block of modern buildings in the expansion area of northern Madrid. Construction of this area, better known as AZCA, began in 1970 and in 1975 developer, Unión de Explosivos Río Tinto, S.A., awarded design of the tower to American architect Minoru Yamasaki, in collaboration with Jorge Mir Valls and Rafael Coll Pujol. In 1980, Yamasaki received a license to build the highest office complex of Madrid.
Construction began late 1982, and the building opened in December 1988. During this period, construction stalled for a period until new owners Portland Valderrivas S.A. and Inmobiliaria Asón S.A., purchased the incomplete structure and relaunched work in 1985 under the direction of architect Fernando Alas. In 2002, Fomento de Construcciones y Contratas regained control of the building through a purchase of Portland Valderrivas. FCC owned the tower until December 2011 when Pontegadea Inmobiliaria, a division of Industria de Diseño Textil, S.A. purchased the structure for €400 million. PER Gestora Inmobiliaria, S.L.manages the building.

Skyline position

At its opening in 1988, Torre Picasso surpassed the elder office tower Torre de Madrid. Notable surrounding skyscrapers are Torre Europa, Banco de Bilbao Tower and Torre Titania. Torre Picasso was Spain's tallest building until 2001, when it was overtaken by the Gran Hotel Bali in Benidorm, Alicante, the Torre Espacio in 2007, and Torre Caja Madrid, Torre de Cristal and Torre Sacyr Vallehermoso since 2009.

Figures and statistics

The following information can be found on the official website of Torre Picasso:
The structure has a rectangular footprint with a windowless two-storey base. A wide round arch, resting on an underground steel structure for support, serves as the entrance and supports the façade above. The opening under this arch is covered by a special security glass named STADIP. Windows on floors 3 through 43 are grouped in twos divided by a slender pier. The groupings are divided by larger piers into 15 bays across the front of the building and 11 bays on the sides. The façade is covered in white aluminum and the corners of the structure are chamfered. The top two floors are also windowless and the parapet flares to form a cornice. Elevators, in three groupings, occupy a bay in the rear of the structure along with stairways.

Cultural depictions