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Real Estate News Where it is: They sell a 95-year-old building where an emblematic Buenos Aires cinema used to operate - La Nación Propiedades

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Where it is: They sell a 95-year-old building where an emblematic Buenos Aires cinema used to operate - La Nación Propiedades
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September 27, 2023

An iconic monument of Argentine cinema faces an uncertain fate while keeping the city's cultural memory alive

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In the mid-90s and following an agreement with the National Institute of Cinema and Audiovisual Arts (Incaa), it became the first movie theater supported and programmed by the official organization.

The Tita Merello Complex, formerly known as the Gran Cine Suipacha, stands as an emblematic symbol of entertainment in the heart of downtown Buenos Aires. This 95-year-old building witnessed a variety of films that illuminated its screens over the decades. Its location at number 442 Suipacha Street, between the busy Corrientes and Lavalle avenues, makes it a cultural and artistic beacon that has stood the test of time.

Since its opening in 1928, the complex went through transformations and remained operational throughout the decades, despite the general decline of the cinema circuit on Lavalle Street, which suffered rapid deterioration since the 1980s due to the emergence of multiplexes. in the malls.

In 1995, during the presidency of Carlos Saúl Menem, the National Institute of Cinema and Audiovisual Arts (INCAA) gave it a new identity, converting it into an INCAA Space, dedicated exclusively to national cinema. This transition marked a milestone in its history as it was renamed in honor of the beloved Argentine singer and actress as Complejo Tita Merello.

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The Tita Merello Complex has had that name since 1995

However, despite its rich history and contribution to the Buenos Aires cultural scene, the complex abruptly closed its doors at midnight on June 30, 2010. Thirteen years have passed since then and the building is currently on the market available for the sale for a price of US$3 million after a reassessment.

The Zonaprop notice reports that the building has 1,481 m² in total, with two bathrooms and six toilets, developed on a 14.34 x 45 mtr. lot.

“The building was designed by the Hungarian architect Andrés Kalnay, who fused elements of art deco with his traditional architectural style of origin,” mentions the Buenos Aires real estate agency in charge of its marketing. The sale announcement emphasizes its strategic location in the Porteño Center and highlights its surface area of 1,481 square meters. With three levels and three spaces that once housed movie theaters, the building is saturated with stories and memories of the past. This iconic monument, which once brought together lovers of national cinema, now faces a future full of uncertainty.

In an environment where offices are disappearing around the downtown area, the future of the Tita Merello Complex remains an unsolved enigma. Meanwhile, the building continues to play a central role in the city's narrative, a mirror that reflects its cultural past and a mystery that challenges those who immerse themselves in its history and possibilities.


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