Bank of Spain Building in Madrid Overview

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Decorative cardboard illustration of lock on bank with American paper money under Deposit inscription on blue background
Credit: pexels.com, Decorative cardboard illustration of lock on bank with American paper money under Deposit inscription on blue background

The Bank of Spain Building in Madrid is a stunning example of neoclassical architecture. The building's design is inspired by the ancient Roman Pantheon.

Located in the heart of Madrid, the Bank of Spain Building is situated on the famous Calle de Alcalá. It's a prominent landmark in the city's financial district.

The building's facade is made of granite and features a grand entrance with a large stone portal. The portal is adorned with intricate carvings and a beautiful stone arch.

Location

The Bank of Spain building is located in a vibrant area, with Banco de España A situated on calle Alcalá, 48. This is a great spot to explore.

The surrounding area is likely bustling with activity, but unfortunately, no further details are provided about the local amenities or attractions.

Madrid

Madrid is a city located in the central part of Spain, in the autonomous community of the Community of Madrid.

The city has a rich history dating back to the 9th century, with evidence of human settlement found in the nearby Cave of Peñas de Manzanares.

Credit: youtube.com, Madrid la Puerta del sol Walking tour 4K

Madrid's climate is characterized by hot summers and mild winters, with an average temperature of 22°C (72°F) in July and 10°C (50°F) in January.

The city is home to many famous museums, including the Prado Museum, which houses an extensive collection of European art.

Madrid's iconic Plaza Mayor is a must-visit destination, surrounded by historic buildings and lively street performers.

The city's transportation system is well-developed, with three international airports and an extensive network of buses and trains.

Area Overview

The area surrounding the location is quite impressive. Banco de España A is located on calle Alcalá, 48. I've walked by this beautiful building many times and it's a great spot to take in the local culture.

Building Details

The Bank of Spain building's facade is a striking example of neoclassical architecture, with a symmetrical design that features a central entrance flanked by two imposing columns.

The building's exterior is constructed from limestone and granite, giving it a sturdy and enduring quality that has withstood the test of time.

The facade's ornate details, including carved stone and intricate moldings, add a touch of elegance and sophistication to the building's overall design.

Description

Detailed view of a historic Polish bank facade with classic architectural columns.
Credit: pexels.com, Detailed view of a historic Polish bank facade with classic architectural columns.

The Bank of Spain is an eclectic building, featuring classically-styled façades that stand out with their French-style doors and grillwork.

The building's façades meet at a chamfered corner containing the main entrance, and are notable for their sober plinths that serve to heighten the solid sensation given by this institution.

The monumental Carrara marble staircase is an excellent example of traditional Spanish architecture, designed by the bank's architects and executed by Adolfo Areizaga.

The staircase is overlooked by a series of stained glass windows by the German company Mayer, made in a symbolist style and incorporating numerous allegorical figures in its designs.

The library, located in the courtyard, is a work of the Fábrica de Mieres factory, where the cast iron structure is left visible and combined with Art Deco elements, such as the stained glass ceiling and decorative work.

The Original Building

The original building of the Banco de España's headquarters was actually a palace that belonged to the Marquis of Alcañices, located on calle de Alcalá. It was acquired to serve as the foundation for the bank's current headquarters.

Elegant architecture of Bank Al-Maghrib in Rabat, captured during daytime.
Credit: pexels.com, Elegant architecture of Bank Al-Maghrib in Rabat, captured during daytime.

Four architectural projects were submitted for consideration, but none met the works commission's full satisfaction. This led the Bank's architects, Sainz de la Lastra and Adaro, to create their own project after studying European banks' buildings.

The final project was approved in late 1883, and construction began soon after. The first foundation stone was laid on July 4, 1884, in the presence of King Alfonso XII.

The building was finally inaugurated in 1891, after several years of construction.

The Interior

The Interior of the Bank of Spain Building is truly breathtaking. The staircase of honour, a beautiful example of traditional architecture, is a must-see.

This stunning staircase was designed by the Bank's architects and executed by Adolfo Areizaga, a talented craftsman from Bilbao. The staircase's design is a testament to the building's rich history.

The patio, formerly the general cashiers section, now houses the library, which boasts a cast iron structure commissioned from the Fábrica de Mieres. This unique feature adds to the building's charm.

Old masonry building interior with arches in sunlight
Credit: pexels.com, Old masonry building interior with arches in sunlight

The monumental Carrara marble staircase is a work of art, with a series of magnificent symbolist-style stained glass windows commissioned from the German firm Mayer. These windows are a feast for the eyes.

The stained glass ceiling and clock in the new trading floor are a perfect example of Art Decó features. The clock is both decorative and functional, situated in the centre of the patio.

The rotunda, which communicates the two buildings, is also worth mentioning. It's a beautiful space that adds to the building's grandeur.

The extraordinary vault is a marvel of engineering. It's a testament to the building's innovative design.

Frequently Asked Questions

What is so special about the Bank of Spain?

The Bank of Spain is a stunning example of 19th-century Spanish architecture, featuring a wealth of decorative elements. It won a prize at Spain's National Fine Arts Expo in 1884, showcasing its exceptional beauty and craftsmanship.

Is there a vault under the Bank of Spain?

Yes, the Bank of Spain has a vault that exists in real life, and it's even more dramatic than its fictional counterpart. Located underground, the vault is a remarkable feat of engineering and security.

How long did it take to build the Bank of Spain?

Construction of the Bank of Spain began on July 4, 1884, and took approximately 7 years to complete, with the building being inaugurated on March 3, 1891.

Can you go inside the Bank of Spain?

Yes, you can go inside the Bank of Spain, as they offer free guided tours of their buildings, including the central headquarters in Madrid. The tours provide a unique opportunity to explore the bank's heritage and learn more about its history and operations.

Joan Lowe-Schiller

Assigning Editor

Joan Lowe-Schiller serves as an Assigning Editor, overseeing a diverse range of architectural and design content. Her expertise lies in Brazilian architecture, a passion that has led to in-depth coverage of the region's innovative structures and cultural influences. Under her guidance, the publication has expanded its reach, offering readers a deeper understanding of the architectural landscape in Brazil.

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