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Managed under the Seokpa Culture Institute, the site of the present-day Seoul Museum was built in the closing period of the Joseon Dynasty as a villa to house Regent Heungseon Daewongun, also known as Seokpajeong Byeoldang. In 2012, the Institute took Seokpajeong Byeoldang under its possession and adjacent to (and beneath) the traditional Joseon building, opened Seoul Museum. Because the exhibition space and the historic villa are so closely integrated, the viewer can enjoy both venues in one visit, which means one admission fee is good for both. The musuem's collections include works by Lee Jeong-seob, Park Su-geun, and Kim Whan-ki, highlighting and celebrating the potential of modern art and artists.