
Bilbao is situated in the north-central part of Spain, some 16 kilometres (10 mi) south of the Bay of Biscay, where the economic social development is located, where the estuary of Bilbao is formed. Its main urban core is surrounded by two small mountain ranges with an average elevation of 400 metres (1,300 ft).
After its foundation in the early 14th century by Diego L贸pez V de Haro, head of the powerful Haro family, Bilbao was a commercial hub of the Basque Country that enjoyed significant importance in Green Spain. This was due to its port activity based on the export of iron extracted from the Biscayan quarries. Throughout the nineteenth century and the beginning of the twentieth, Bilbao experienced heavy industrialisation, making it the centre of the second-most industrialised region of Spain, behind Barcelona.At the same time an extraordinary population explosion prompted the annexation of several adjacent municipalities. Nowadays, Bilbao is a vigorous service city that is experiencing an ongoing social, economic, and aesthetic revitalisation process, started by the iconic Bilbao Guggenheim Museum, and continued by infrastructure investments, such as the airport terminal, the rapid transit system, the tram line, the Alh贸ndiga, and the currently under development Abandoibarra and Zorrozaurre renewalprojects.
Bilbao is also home to football club Athletic Club de Bilbao, a significant symbol for Basque nationalism due to its promotion of Basque players and one of the most successful clubs in Spanish football history.
On 19 May 2010, the city of Bilbao was recognised with the Lee Kuan Yew World City Prize, awarded by the city state of Singapore, in collaboration with the Swedish Nobel Academy. Considered the Nobel Prize for urbanism, it was handed out on 29 June 2010. On 7 January 2013, its mayor, I帽aki Azkuna, received the 2012 World Mayor Prize awarded every two years by the British foundation The City Mayors Foundation, in recognition of the urban transformation experienced by the Biscayan capital since the 1990s. On 8 November 2017, Bilbao was chosen the Best European City 2018 at The Urbanism Awards 2018, awarded by the international organisation The Academy of Urbanism.
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