A century-old dream
The Nobel Center represents the fulfilment of a century-old dream. Ever since the Nobel Foundation was established in 1900, there have been plans to construct a building for the Nobel Prize in Stockholm. Over the past two decades, these plans have moved closer to becoming a reality as large-scale public activities connected to the Nobel Prize have been built up.
In December 2011, the Nobel Foundation and the City of Stockholm signed a declaration of intent to work jointly towards the creation of a Nobel Center, to be located on a City-owned site on the Blasieholmen peninsula in central Stockholm. At a press conference soon afterward, the project was launched by Lars Heikensten, Executive Director of the Nobel Foundation, and Sten Nordin, Mayor of Stockholm. A generous private donation from the Erling-Persson Family Foundation and the Knut and Alice Wallenberg Foundation, which was announced in June 2013, secured most of the financing for the project. According to the current timetable, the new Nobel Center should be able to open its doors in 2019.