Palacio de Deportes de la Comunidad de Madrid (literally "Sports Palace of the Community of Madrid") is an indoor sporting arena located in the City of Madrid, Spain. Its capacity is up to 15,000 people for basketball matches.
The former building, which was built in 1960, was destroyed by a fire in 2001. Architects Enrique Hermoso and Paloma Huidobro projected a High-Tech style new arena that was built at the same place between 2002 and 2005.
The arena hosted two major international basketball events in the first decade of the 21st century. It hosted the knockout stage of EuroBasket 2007, and the following year hosted the Euroleague Final Four. It also Hosted the Final Eight and final stage of the Copa del Rey de Baloncesto 2005/2006.