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Hello, my name is Malena and I'm going to speak about the building Madrid-Paris.

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This is the building that occupies the largest block of Gran Vía Street in Madrid.

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Originally, the building was built as the first department store in Madrid and it was called Almacenes Madrid-Paris.

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Work began in 1921 and culminated more than six months behind schedule in January of 1924.

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The Madrid-Paris department stores were opened by King Victoria Eugenia and King Alfonso XIII.

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Its construction had a total cost of 10 million pesetas, that was the Spanish currency at the time.

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In total, the built area amounted to 25 square meters.

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It had six lifts and three service lifts and on its multiple floors customers found items with prices ranging between 5 cents and 100,000 pesetas.

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Another curiosity of the Madrid-Paris is that in each of its two towers there was a water tank with a capacity of 300 cubic meters each.

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However, all the enormous investments and good intentions never obtained the desired return

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and after nine years of shaggy life, in 1933, the Madrid-Paris warehouses closed their doors without meeting expectations.

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A year later, the well-known Sepo warehouses opened there.

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On October 15th of 2015, the largest Primark store in Spain was inaugurated, occupying the first four floors of the building.

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And you can visit it as the Primark store nowadays.

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Thank you for listening and have a great day.