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La Esquina del Bernabéu the shopping center located next to the stadium Santiago Bernabéu and owned by Real Madrid, has achieved one more year of life. The team that leads Florentino Pérez has just extended the management of the center until May 2019.

The renovation has already been communicated to the different stores that operate in La Esquina del Bernabéu a center that manages Larry Smith . It is a shopping mall of 4,869 square meters with 46 stores. Signatures such as Dia Geox or Antonio Parriego have an establishment there.

This is the third extension that Real Madrid grants to the operators of the shopping center. In June and December 2017, deferrals were granted so that they could continue with their business after the white club announced that they were going to remodel the stadium.

Within that remodeling project the elimination of La Esquina del Bernabéu space that will become a landscaped area after the agreement reached with the Madrid City Council to authorize the transformation of the white stadium.

The works, confirms Larry Smith, will begin in the summer of 2019. Florentino Pérez himself acknowledged a few weeks ago that his intention is to be able to tender the works in the first weeks of 2019. The award will be made after a public tender in which international conglomerates may participate, but not ACS, the company of which the president of Real Madrid is president.

The total cost of the project is estimated at around 400 million euros.

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