With the intention of diversifying the tourism market in Mallorca, the city of Palma began the construction of this 125 million euros convention center in 2008. When one of the private partners dropped out from the project in 2012, the construction works were stopped. During the subsequent two years, the authorities put up the complex for auction three times starting at €40.5 million, but no compliant bid was received. In 2014, the authorities resumed the works and during 2015 it has been put up for auction again.