# Thyssen-Bornemisza Museum expansion in Madrid > Live situation record from CLSTR: https://clstr.news/situations/thyssen-bornemisza-museum-expansion-in-madrid > Updated: 2026-09-21T05:39:49.000Z. Sources: 11. Developments: 2. The Thyssen-Bornemisza National Museum in Madrid is undertaking a major expansion to integrate contemporary art into its existing collection. The project involves the museum occupying the former Palacio de Hielo y del Automóvil on Calle Duque de Medinaceli, a 15,000-square-meter site to be rehabilitated by the Ministry of Finance with a budget estimated between 70 and 90 million euros. As part of the expansion, Francesca Thyssen-Bornemisza, founder of the TBA21 Foundation, is donating 186 contemporary works and providing a long-term loan of 179 pieces. These works, which include pieces by artists such as Ai Weiwei, Marina Abramović, and Maurizio Cattelan, focus on themes like ecology and social justice. The total value of the commitment to the Spanish State, including previous historical loans, is estimated at approximately 100 million euros. The new facility will primarily be dedicated to 21st-century art and will also host a 1,500-square-meter space for the Madrid headquarters of the Centro Memorial de las Víctimas del Terrorismo. ## Timeline ### 2026-09-21: Thyssen-Bornemisza Museum announces major contemporary art expansion The Thyssen-Bornemisza National Museum will undergo a major expansion in Madrid through a 100 million euro commitment involving the donation and loan of 365 contemporary artworks from the TBA21 Collection. 2 sources. https://clstr.news/cluster/thyssen-bornemisza-museum-announces-major-contemporary-art-expansion ### 2026-09-16: Thyssen-Bornemisza Museum to expand in Madrid with new building The Thyssen-Bornemisza Museum in Madrid is expanding into the historic Palacio de Hielo, acquiring 365 contemporary works from the TBA21 Foundation to focus on 21st-century art. 9 sources. https://clstr.news/cluster/thyssen-bornemisza-museum-to-expand-in-madrid --- Cite as: Thyssen-Bornemisza Museum expansion in Madrid. CLSTR, https://clstr.news/situations/thyssen-bornemisza-museum-expansion-in-madrid