 The location opened in March 2016 following a year and a half of preparations as part of a $600 million Metropolitan Museum of Art renovation plan.Architects Beyer Blinder Belle updated the Met Breuer building, which had been designed by Marcel Breuer.The Met will allocate an annual operating budget of $17 million to run the museum as part of an integrated expansion of the main museum's outreach, with a focus on modern art.