Architecture of Madrid of Music is a work of 1988. In the 21st century, Madrid faces new challenges in its architecture. An old industrial warehouse is the Interpretation Centre of New Technologies, and the CaixaForum Madrid (Herzog & de Meuron) was a former power station. Under the government of Alberto Ruiz-Gallardón the four tallest skyscrapers in Spain were built, and together form the Cuatro Torres Business Area (CTBA). The Manzanares River is crossed by new edge bridges, and work started on the International Convention Centre (Mansilla+Tuñón), an original round building, whose works remain paralyzed by the crisis. Caja Mágica (Dominique Perrault) sport centre
Sport in Madrid which allowed him to be the second city with the highest rating, slightly behind Tokyo. Finally, on October 2, 2009 the city of Rio de Janeiro won the election, despite having initially a general technical assessment below that of the other three cities. Madrid resubmitted an application to host the games in 2020. The IOC selected Madrid as candidate city on May 23, 2012. On September 7, 2013 the candidate cities were Madrid, Istanbul and Tokyo. On the first ballot Madrid and Istanbul yielded the same votes after Tokyo. In the runoff vote, Madrid was eliminated and in the final