1] Soon after, the municipal architect Joaquín Roldán rushed to build a commemorative monolith (featuring the signature of Picasso),[2] and the square was inaugurated on 31 May 1980.

[3] In July 2019, the new municipal government signed an agreement with Merlin Properties seeking to improve the square and its surroundings.

It has a direct access to the Paseo de la Castellana, the rest of links to the neighbouring streets involve stairs, ramps and gloomy underground passages.

[7] The tree population comprises specimens of Cedrus atlantica, Cedrus deodara and Taxus baccata,[6]pp.4–5 while regarding the arbutus flora, the area also features Pittosporum tobira, Nerium oleander and juniperus.

[6]p.4 Besides the vegetation, the plaza includes two "false" mini-plazas within, one with a square pond in the middle and the other formed by bleachers around a sand pit.