In 2017, the Municipality of Rotterdam decided to sell Fenix warehouse II to the Droom en Daad Foundation (press release).
The architect and the design has been announced in November 2018 by The Droom en Daad Foundation (press release). The planning and preparing for the renovation are ongoing. Current tenants of the warehouse have a temporary lease contract until the beginning of 2020. When the temporary lease expires, the renovation of the warehouse starts. This is done in an integral way due to the complexity of the building. The FENIX will open its door when its ready.