Galerías Pacífico

Galerías Pacífico is a shopping mall in Buenos Aires, owned by the Sutton Dabbah Group. It was inaugurated on May 18, 1992 and is located in the historic Edificio del Pacífico, built in the 19th century, occupying the entire block bounded by Florida, Viamonte, San Martín and Córdoba avenues. In the center of the building are famous murals, painted between 1945 and 1947, by outstanding Argentine artists such as Antonio Berni, Lino Spilimbergo, Juan Carlos Castagnino and Demetrio Urruchúa, as well as the Galician Manuel Colmeiro Guimarás. These murals are considered one of the most important manifestations of Argentine muralism. During the last military dictatorship, the basements of the building were used as a clandestine detention and torture center.

According to 2014 data, Galerías Pacífico is the seventh largest shopping mall in terms of sales in the country and the first in terms of tourist visitors, attracting 10 million people a year.

During Carlos Menem's presidency (from 1989 to 1999), a privatization policy was implemented that included Edificio Pacífico, then owned by the state-owned Ferrocarriles Argentinos. In 1992, the company Galerías Pacífico S.A., owned by Mario Falak, opened the shopping center. As part of the privatizations, in 1989 the State granted Mario Falak the commercial exploitation of the building for 30 years, in exchange for a monthly fee of US$ 30,000, which generated suspicions of corruption due to the low amount of the fee and the friendly relationship between Falak and Menem.

In 1996, the State sold the building to IRSA, a company owned by George Soros, for US$12.1 million, although it was valued at US$30 million, which also generated suspicions of corruption. However, the 30-year commercial concession in Falak's name continued. In 2000, the Sutton Group, Mario Falak's partner in the operation of the shopping center and the Alvear Palace Hotel, bought the building from IRSA for US$15 million.

In 2014, a newspaper report ranked Galerías Pacífico as the seventh largest shopping mall in Argentina, with an annual turnover of 1.55 billion pesos (about US$250 million) and 10 million visitors per year. It also stood out as the most visited shopping mall by international tourists in Argentina.

The building was designed by engineer Emilio Agrelo and architect Roland Le Vacher in 1888 as the headquarters of the department store Au Bon Marché Argentino, although this use never materialized and the premises were occupied by smaller stores under the name of Galería Florida. In 1896, the National Museum of Fine Arts and the National Academy of Fine Arts were installed there. Part of the building was sold in 1908 to the Buenos Aires to the Pacific Railroad, which established its headquarters there.

Between 1945 and 1947, the building was remodeled and a dome with murals was built. The Galería suffered a period of decadence, but in 1989 it was declared a National Historic Monument and at the beginning of 1990 it was completely remodeled, and a luxurious shopping mall, the Borges Cultural Center, the Esplendor Hotel and several educational institutions were installed.

The building, declared a National Historic Monument, is inspired by European galleries such as the Victor Emmanuel II Gallery in Milan. A remodeling in 1945 introduced concrete vaults and a central dome with murals.

The murals on the central dome were painted by artists such as Antonio Berni, Lino Spilimbergo, Juan Carlos Castagnino, Demetrio Urruchúa and Manuel Colmeiro Guimarás, and are considered the highest expression of Argentine muralism. The murals address a variety of themes, including Argentine history and culture, and the social function of art.

During the military dictatorship (1976-1983), the basement of the building was used as a detention and torture center. In 1987, a film crew discovered this abandoned center, where desperate marks made by prisoners were found. In 1998, Arturo Santana, a torture survivor, recognized the site while working on a documentary, recalling his abduction and torture there in 1976.

Article obtained from Wikipedia article Wikipedia in his version of 21/07/2024, by various authors under the license Licencia de Documentación Libre GNU.

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