David Bowie performed here, Carlos Sainz raced go-karts: Madrid's iconic La Ermita mall demolished for 529 homes in €77 million makeover

Times of India - Nov 5, 2026

The once-thriving La Ermita shopping centre in Madrid has met its end as plans to demolish it progress. In its place, a new development will rise, offering 529 homes, a blend of accessible and protected housing. This initiative aims to enhance local infrastructure, incorporating public spaces and green zones for the community.

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