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Port America's Cup, Valencia

Tel: 34 96 354 2460's insider take:

When Swiss team Alinghi announced that Valencia had won the bid to host their 2007 America's Cup defense, there were citywide celebrations. But the new state-of-the-art marina built to house the team bases and the Cup headquarters has an important function beyond the race itself, which took place from June 23 to July 7, 2007. American architect David Chipperfield's Velas y Ventas pavilion, with its clean, intersecting white lines, will remain as a clubhouse and leisure center for the new 700-berth yacht marina, and the historic warehouses that surround the harbor are destined to host restaurants, bars, and shops open to visitors.

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