Barakaldo's Pormetxeta Square, inaugurated in late 2010, continues to await a significant boost to fulfill its original purpose. To this end, the City Council plans to convert the unused premises, vacant since their opening, into spaces dedicated to employment, innovation, culture, and local associations.

In the meantime, efforts have been made to revitalize this area, which still houses the former Altos Hornos offices (now a senior residence and public nursery), to improve pedestrian connectivity between the town center and the Urban neighborhood. Bilbao Ría 2000, the entity responsible for regenerating this area near the Nervión, has transformed a previously walled-off underground passage. This new corridor connects to the main avenue in the area, adjacent to the recently completed Inbisa tower.

To enhance visibility and the sense of security, large screened pillars have been replaced with narrow stainless steel metallic columns, ranging from 20 to 40 centimeters, creating "a more open space." The mayor stated, "we are going to turn this situation around. This is a square that in theory was going to serve to unite two areas of Barakaldo but became a trench, a very unfriendly passage, with unsafe points especially for women, with the enormous columns that have now disappeared."

The organization has invested 400,000 euros in this latest project. Combined with previous interventions in accessibility, lighting improvements, and the adaptation of the aforementioned premises, the total investment amounts to approximately 3 million euros. The general director of Bilbao Ría 2000 noted, "we must rethink spaces, and here we are seeing that new residents will arrive in the area; it must become a space for life and passage."