Earlier this month, in a conference held by the City of Arts and Sciences (Valencia) the winner of a private architecture competition to build the new CaixaForum Valencia was announced. The future cultural center in the Spanish city will be located inside one of Santiago Calatrava's building.
Of the nine proposals presented, architect Enric Ruiz-Geli (Figueres, 1968) from Studio Cloud 9 was chosen as the winner. An investment of around 18 million euros is expected to be needed to make the CaixaForum Valencia project a reality. In addition, about 5 million euros will be allocated annually for the maintenance, programming and operation of the center.