In 2026, the Arganzuela district will be the fifth in Madrid with the most investments for next year. In total, 37,468,097 euros to improve the surrounding facilities and with the same protagonist as last year: the old Legazpi fruit and vegetable market, which absorbs 99.66% of the investment. This year, 32.2 million euros will be allocated to its packaging and valorization after the 33 million invested in 2025 and to which will be added 21.7 million in 2027 to continue work on the 35,000 m2 of space.
In addition to continuing the rehabilitation work, the budgets also plan to allocate 3.3 million euros to improve access to the building with construction of new ramps. Still for the market, 500,000 euros will be allocated in 2026 and an additional million in 2027 for energy actions linked to the complex, such as the rehabilitation of the Matadero thermal power plant to power the space.
In addition, the Accounts project highlights that 500,000 euros will be allocated to the construction of a new pedestrian and cycle bridge over the river to connect it to the other bank of the Usera. This project replaces that of 2025, but which linked the district to Carabanchel. It also includes an item of 220,000 euros for the repair of the wall and sidewalk of the Jardín Papelera peninsular sports center and 250,000 euros for conditioning work on the ramps and slopes circuit motocross bikes (BMX), located in Madrid Río, next to the southern junction of the M-30.
A market that has become the most important in Madrid
In this way, Arganzuela once again devotes almost all of its economic forces to bring the Legazpi market back to life after more than three decades of inactivity and with several failed rehabilitation projects. Once completed, it promises to become a large civic-administrative complex, municipal offices, a library, premises for local use with urban roof gardens and different services of the Madrid administration. Such as an auditorium and an underground car park.
Although it is a comprehensive intervention, the project fully respects the concrete structure of the building, as it is a protected element, and the rest of the finishes will be carried out following the advice of the Heritage Commission and the aesthetics of the building itself and its surroundings. Until 2024, the workers focused on correcting the pathologies of the property to ensure its structure. But now, They are already working to undertake global transformation of what was the most important market in Madrid in the 20th century. According to municipal forecasts, the construction site should be completed at the beginning of 2027, but a partial opening is expected in the second half of 2026, with the first workers being able to move in in spring 2020.27.
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