The Thyssen-Bornemisza Museum in Madrid is expanding to a second location just a few blocks from its current site due to overcrowding in its galleries, El Pais reported. The project is slated to be complete in 2032. The museum, known as the Thyssen, was founded in 1992 by Baron Hans Heinrich Thyssen-Bornemisza to house his private collection. The 107,639-square-foot building is known as the Ice and Automobile Palace and is located in Madrid’s Literary Quarter. The city-owned space has been unoccupied since 2007 and, prior to its reopening as a museum, the building will undergo a €70 million ($80.8 million) renovation. Related Articles There, more than 360 works by 21st-century artists will be displayed from the Thyssen-Bornemisza Foundation’s contemporary art collection, known as TBA21, which was created by ARTnews Top 200 collector Francesca Thyssen-Bornemisza, daughter of the Baron. “More than 30 years ago, the Thyssen family and the Spanish government made it possible for one of the world’s greatest art collections to become available to the public,” Ernest Urtasun, Minister of Culture, said in reference …