The couple announced their plans for the museum on November 112006.
On May 222007, the founders announced the official site has been chosen for the museum. The 6,500-square-metre museum will be located in a renovated warehouse on the south quay of central Stockholm, walking distance across from the Gröna Lund amusement park. Four months later, in September, architects Peter Ullstad and Patrick Rehnberg were chosen to design the attraction.
ABBA the Museum is expected to open June 3, 2009, with tickets on sale as of March 2008. The founders estimate that once the museum opens its doors, it will attract half a million visitors per year.
ABBA the Museum will make use of the latest interactive technology, which will allow visitors of all ages to relive the group's history and to also sing and dance along with ABBA music. Upon entering the museum, visitors will follow ABBA history in a linear manner, starting with the members' individual careers and ending with their break-up in 1983. ABBA themselves have said jointly they feel the site "will be a fun and swinging museum to visit."