In the early 1990's, the director of the Hermitage Museum in Russia proposed the establishment of another branch in Western Europe. The choice of Amsterdam was due to the similarity between the two cities (St. Petersburg and Amsterdam). It was decided to stop the operation of the old-age home and to turn the building into educational purposes.
The official opening of the museum took place in 2009 and today it is one of the most special museums in the city. It presents changing exhibitions related to European, Russian and other historical art. The museum's total area is about 13,000 square meters and its main purpose is to make museum collections accessible to people.