Second Barcelona Store Location Leaked

September 29, 2010

A long-time rumor about a potential Apple store location in Barcelona seems to have been confirmed by a newspaper story that points to 1 Passeig de Gràcia in city center. LaVanguardia.es reports that Apple will open a store along the street, famous for its unusual architecture by Antoni Gaudi and many international retailers. The seven-level building at #1 dates to the late 1800s and features retail-appropriate space on the ground floor, and apartments on the upper levels. The corner space faces busy Catalunya Square,  giving it excellent visibility from nearly all directions. The 27,000 square-foot space reportedly leased by Apple features a 21-foot ceiling on the ground level that would allow for a mezzanine, a basement and third level. The former bank building has been vacant since 2003 as ownership passed from one company to another, after each found no companies willing to sign a 15+ year lease during the economic downturn. Apple has reportedly sign a 10-year lease on the space at $5.1 million a year. Interestingly, today the building was the scene of a protest by activists, angry that apartment property rents have doubled over the past seven years in Barcelona. The Apple store could open during 2011.

Apple has reportedly rented the corner space in the lower-left of this photo, #1 Paseo de Gràcia, a space with excellent visibility, a tall ground floor and amazing architecture.

Banners protesting Barcelona rent hikes over the past several years hang from the building where Apple has leased space for a future retail store. The protests were part of a general worker strike on Wednesday in Spain and across Europe.

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