This contemporary arts centre, opened in 2007, is a stunning multipurpose space south of the centre. Occupying the converted buildings of the old Arganzuela livestock market and slaughterhouse, Matadero Madrid covers 148,300 sq metres and hosts cutting-edge drama, musical and dance performances and exhibitions on architecture, fashion, literature and cinema. It's a dynamic space and its proximity to the newly landscaped riverbank makes for a non-touristy alternative to sightseeing in Madrid, not to mention a brilliant opportunity to see the latest avant-garde theatre or exhibitions.