- The Orihuela City Council has officially acquired the iconic Caja Mediterráneo (CAM) building.
- The purchase price was €2 million, securing the building as part of the municipal heritage.
- The building will be transformed into a public multi-use space focused on cultural, social, and educational activities.
- Plans are underway to renovate and equip the building, with budgets planned for 2026.
- The project reflects Orihuela’s commitment to enriching community spaces and fostering citizen wellbeing.
The Historic CAM Building Joins Orihuela’s Municipal Heritage
In a decisive step to preserve and enrich orihuela’s cultural landscape, Mayor Pepe Vegara signed the official agreement this morning to acquire the landmark building formerly owned by Caja Mediterráneo (CAM). This significant purchase, finalized with the Fundación CAM president Luis Manuel Boyer Cantó, marks the building’s transition into public ownership for the city at a cost of two million euros.
recovering a Community Icon
Mayor vegara expressed pride in the acquisition,highlighting the building’s deep connection to the people of Orihuela:
“Today,Orihuela recovers a space that has long been part of our collective life,and now it truly belongs to all Orihuela residents. It is a great honor to say that this beloved building becomes part of our municipal heritage.”
The building has previously hosted a range of cultural, social, and training activities, making it a familiar and cherished venue in the city’s fabric.
Preserving Value and Purpose
Matías Ruiz Peñalver, the City Councilor responsible for Heritage, emphasized the building’s symbolic and functional meaning for Orihuela:
“This property holds great symbolic and practical value. By securing its purchase, we ensure its future use aligns fully with the general interest of our community.”
The city council intends the building to become a versatile public venue,serving multiple community needs such as cultural events,education,and social gatherings.
What’s Next? Renovations and New Uses
The City Council is currently preparing a detailed technical report outlining renovation costs and necessary adjustments to make the building fully operational. This plan aims to secure appropriate funding within the 2026 municipal budget.
Mayor Vegara reiterates the management’s commitment to the building’s role as a key meeting point for Orihuela’s citizens, stating:
“Our goal is for this space to always serve the residents of Orihuela as a hub for gathering, learning, and cultural advancement – exactly what our project envisions for its new uses.”
The mayor also extended his gratitude to the municipal departments of Procurement, Heritage, and Finance for their dedicated work in making this acquisition possible.
Potential Uses for the CAM Building
- Cultural exhibitions and events
- Community workshops and training programs
- Social service initiatives and meeting spaces
- Public forums and civic engagement activities
Quick Overview: Acquisition Details
| Aspect | Details |
|---|---|
| building | Former Caja Mediterráneo (CAM) headquarters |
| Purchase Price | €2,000,000 |
| New Ownership | Orihuela City Council |
| Intended Use | Multi-purpose public community space |
| Renovation Timeline | Planned for 2026 budget inclusion |
this acquisition signals Orihuela’s dedication to safeguarding historic local landmarks while adapting them to better serve contemporary community needs. Residents can look forward to a rejuvenated cultural hub that supports education, social cohesion, and municipal pride.
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