Palace of Iturbide

The Palace of Iturbide is a grand historic residence situated in the heart of Mexico City's historic center at 17 Madero Street. Constructed between 1779 and 1785, this architectural masterpiece was designed by Francisco Antonio Guerrero y Torres in the distinctive New Spanish Baroque style. Originally commissioned by Miguel de Berrio y Saldívar, the Count of San Mateo Valparaíso and Marquis of Jaral de Berrio, the palace was built as an extravagant wedding gift for his daughter. The Count amassed his considerable fortune through mining and livestock enterprises, allowing him to create one of the most impressive private homes in colonial Mexico.

The building holds profound historical significance as the site where Agustín de Iturbide accepted the crown to become Emperor Agustín I of the First Mexican Empire following independence from Spain. Although it was originally known as the Palace of the Counts of San Mateo de Valparaiso, it became forever linked to Iturbide due to his residence there during this pivotal moment in Mexican history. This association transformed the private home into a national symbol of the country's transition from colony to empire.

Today, the carefully restored structure serves a cultural purpose rather than a residential or political one. It currently houses the Fomento Cultural Banamex and has been renamed the Palacio de Cultura Banamex. The building stands as a testament to both colonial wealth and early imperial ambition, preserving its ornate facade and historical legacy while functioning as a vibrant center for arts and culture in modern Mexico City. Visitors can appreciate its enduring beauty and learn about the complex layers of history embedded within its walls.