Property of the miner Don José de la Borda, it was built in 1775. 

Don José de la Borda arrived in New Spain in 1715 and became rich and famous after the discovery of three large mines in Taxco, Guerrero. In gratitude, he commissioned the beautiful Church of Santa Prisca in Taxco to be built.

The property encompasses an entire block and features several courtyards, beautiful carved stone frames, and on the third level, a perimeter balcony that wraps around the entire structure. According to chronicles, its purpose was to allow Mr. Borda's wife to take walks without leaving the house, as the wealthy miner was very jealous. 

Another story told about this house is that it was built to rival Hernán Cortés' mansion.

In the 19th century, the mansion was divided into five lots, with some businesses established on the ground floor and a hotel located on the upper level.

In the early 20th century, the famous Red Salon was located here, one of the first movie theaters in the capital. 

It preserves part of the original courtyards and a section of the perimeter balcony from the 17th-century building. 

Currently, it houses various cultural venues.