The Guggenheim is set to launch an international architectural competition to design a potential satellite museum in Helsinki, it has been revealed.
According to The Art Newspaper, the competition will launch on June 4 to design a structure for the city's South Harbor location.
The news follows several attempts by the Guggenheim to get the Finnish project off the ground, after previous proposals were rejected in 2012 due to city council concern over finances.
The competition will be organized in collaboration with the Finnish Association of Architects and partly financed by The Swedish Cultural Foundation in Finland.
The Guggenheim's existing modern art gallery and museum locations in New York, Venice, Bilbao are renowned for their striking architectural styles.
However it is the Bilbao location, designed by Pritzker Prize-winning architect Frank Gehry, which has attracted the most acclaim since opening in 1997. Gehry is also designing the museum's upcoming Abu Dhabi branch.