This cultural venue offers more than 58.777 square meters of infrastructures dedicated to culture. In addition to several exhibition halls, it has an auditorium and a theatre where various performing arts performances are regularly held. With a stunning pink facade, the building that houses the cultural center was once an important barracks created at the end of 1717 at the request of Felipe V, first King of the House of Bourbon. Completed in 1730, the then Royal Corps guard's barracks can be considered the last great example of Madrid architecture prior to the introduction of the dominant Italian style from the construction of the Royal Palace. In 1976, the building was declared a Historic-Artistic Monument, which saved it from being pulled down. The building also houses the City Archive, the Municipal Historic Library, the Benito Pérez Galdós Public Library, the Victor Espinós Musical Library, the Municipal Press Archive, and the Contemporary Art Museum of Madrid.