All eyes were set on its construction. A few people even made weekend trips to see the gigantic structure that would replace Nuevo Circo as Caracas entertainment center being built. 

Initially designed by architect Jimmy Alcock, in collaboration with Héctor Hermidas and Roberto Andrade, in 1971, the Geodesic Dome was not concluded until 1974 when US engineer Buckminster Fuller built it with 145 meters diameter and 38 meters high. Its main purpose was to host all kinds of entertainment shows and cultural events.

"El Poliedro opens tonight," read the headline of El Universal on March 2, in reference to this monumental structure inaugurated by President Rafael Caldera and which would become the cultural core of the country and the most suitable place for fairs, art exhibits, dance events and theater.

Under the dome of La Rinconada Catalan group Fura dels Baus lit up a series of fireworks as part of the attractions of the International Theater Festival of Caracas. It was there that Freddie Mercury and the other members of legendary music group Queen rocked thousands with their Bohemian Rhapsody in the early eighties. There, Iron Maiden exorcized their demons and Cindy Lauper put her pop punk on display in the early nineties. Also, Italian tenor Luciano Pavarotti sang the notes of Oh, Sole Mio for thousands at this place.

It was not the first grand public works inaugurated by Rafael Caldera in 1974 thanks to oil prices at USD 14 per barrel and a general income budget of USD 3,953,488,372. On February 24, two months prior to transferring command to recently elected Carlos Andrés Pérez, the president officially opened the doors to the Museum of Contemporary Arts, one of the leading cultural institutions of Latin America.

Viewed as South America's most important museum, its director, Sofía Imber, managed to display works by some of the greatest artists of the world, from Picasso to Salvador Dalí and from Braque to Andy Warhol. Also, the museum hosted an important collection of Venezuelan contemporary art.

In a year of great cultural splendor, the Children's Museum Foundation, presided by Alicia Pietri de Caldera, was also created. The Fundación Gran Mariscal de Ayacucho scholarship program was developed to forge qualified human resources in technological, humanistic and scientific areas.

It was also the year in which renowned plastic artist Tito Salas passed away.