The owner of Fitz will manage the former Pachá Madrid
Grupo Sounds plantea una inversión de hasta 10 millones para llevar a cabo una reforma completa. Leer
Grupo Sounds plans to invest up to 10 million euros in a comprehensive renovation of the former Paché Madrid nightclub. The company has signed a long-term lease with Dreamvest Real Estate, the owner of the property, located at 11 Calle Barceló in Madrid. The 2,589 square meter building, a Cultural Interest Site, will undergo a 12-15 month transformation, expected to be completed by late 2027 or early 2028, and will create around 200 jobs.
The nightclub, which can accommodate over 1,000 people, will maintain its original theater-like structure and will operate under a new name yet to be decided.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
