Plaza de Olavide

In 1860, the plaza, hitherto known as "Plaza Industrial" was named Plaza de Olavide.^[1] By that time, most of the population of the slum of Chamberí lived around the place.^[2]

Under a project developed under the purview of the Second Republic's General Plan for Markets, Francisco Javier Ferrero was tasked with building an octagonal market in the place, replacing a previous and smaller one.^[3] The market underwent a controlled demolition in November 1974,^[3][4] in a move protested by the neighbors.^[5] The refurbished plaza, with new trees and an underground parking lot for 400 vehicles, was formally inaugurated in 1977.^[5]