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Following success in an architectural competition earlier this year, David Chipperfield Architects has begun design work on the remodelling of Santander Bank’s historic headquarters in Spain. Home to the bank since 1923, Paseo de Pereda faces the Bay of Santander and its monumental archway bridges the Calle Marcelino Sanz de Sautuola. The project will open the building to the public, providing space for the Fundación Santander’s extensive art collection together with other cultural and social programmes supported by the bank. The art collection, currently housed in the Art Room of Santander’s financial city in Madrid, consists of more than a thousand works, with paintings by Rubens, El Greco, Picasso, Chillida and Miró amongst others.