A relatively recent urban development, opened in 2000, it hosts a multitudinous Sunday flea market since 2005.

[3] Its construction was part of the wider project for the reform of La Ventilla area, constituting the key axis of the latter.

[4] The plot over which the street was built (along the very path of the former "calle de los Curtidos"),[5] was an area featuring high levels of urban decay.

[6] The reform of the area was passed through the modification of the 1985 Plan General de Ordenación Urbana (PGOU).

[7] Several buildings works were carried out by the Instituto de la Vivienda de Madrid (IVIMA),[8] and the new street, with a total width of 58 metres,[9] was inaugurated in 2000.