Madrid has aspirations to become a world cultural capital with the ongoing enlargement and modernization of its three main art museums, which it hopes will draw seven million visitors annually. The Spanish capital is known as the home of the Prado, but also houses two other major art museums, the Reina Sofia museum of modern art and the Thyssen-Bornemisza museum displaying the collection of a German-Hungarian aristocratic family. The government is investing more than 140 million euros (170 million dollars) to add over 50,000 square metres to the three museums, creating an “Art Walk” reminiscent of similar spaces in Berlin or Washington in the heart of Madrid.
