In 2016 the Droom en Daad Foundation was established to make the city of Rotterdam better and more beautiful. The Droom en Daad Foundation invests in art and culture. One of the first initiatives of the foundation was to preserve and vitalize Fenix warehouse II to tell the stories of millions of migrants.
To this end, the Droom en Daad Foundation works together with City Archives Rotterdam, Maritime Museum, Museum Rotterdam, Nederlands Fotomuseum and Wereldmuseum. The Red Star Line Museum in Antwerp (Belgium), Ellis Island in New York (United States) and Pier 21 in Halifax (Canada) have also assured their cooperation.
For the restoration of the Fenix warehouse II, the Droom en Daad Foundation works together with Crimson Architectural Historians (historical research), Stadsherstel Historical Rotterdam and Bureau Polderman (restoration plan).