In the context of São Paulo's 450th anniversary celebrations, Caixa Econômica Federal (the owner of 90% of the real estate properties located in the so-called "Sé quadrilateral", area between Sé Square and Wenceslau Brás, Roberto Simonsen and Floriano Peixoto streets) financed a restoration project of nine buildings' façades in the block, as well as the renovation of the Sé Building and the restructuring and expansion of the cultural center, which now occupies the ground, first, second, and sixth floors of the building. The project was executed in partnership with São Paulo's City Hall. The cultural center was reinaugurated on January 24, 2004, with the presence of the then mayor, Marta Suplicy, and Caixa's former president, Jorge Mattoso. Three days later, the inaugural exhibition "Referencial Anita Malfatti" was opened.
