New York’s New Museum has chosen Rem Koolhaas’s firm OMA and Shohei Shigematsu as the architects to design its new building that will be constructed on a nearby property: 231 Bowery. The expansion will be funded by the institution’s $85 million capital campaign.

“OMA is a great choice for our next building,” said Lisa Phillips, the museum’s director. “Koolhaas has thought deeply about the identity and landscape of our city going back to his landmark book Delirious New York, published in 1978, a year after the Museum’s founding. Though he is one of the world’s finest architects with a deeply civic and public spirit, this will be his first public building in New York City.”

“OMA has had an ongoing relationship with the Museum, having taken part multiple times in our IdeasCity festival, where Koolhaas was a keynote speaker in New York and in Arles, and as a cocurator with Shigematsu of ‘Cronocaos,’ an innovative exhibition on architectural preservation, presented at the New Museum in 2011. Together, Shigematsu and Koolhaas have demonstrated a keen understanding of the institution, an exceptional ability to meet our specific program requirements, and a deep sensitivity to the existing museum building,” said Massimiliano Gioni, the New Museum’s artistic director.