The Monument to Christopher Columbus is located in Jorge Newbery airport, river plate cost .The monument was a gift celebrating the 1910 Centennial of Argentine independence from Spain. It was sponsored by the Argentine-Italian community, led by Italian immigrant businessman Antonio Devoto. Work of the Italian sculptor Arnaldo Zocchi, the foundation stone of the monument was placed on May 24, 1910 and the inauguration took place on June 15, 1921. The statue was a source of pride for the Buenos Aires Italian community, planned for the centennial of Argentine independence in 1910.