The Guggenheim Museum Bilbao, designed by Frank Gehry, is a stunning architectural masterpiece that houses a large collection of modern and contemporary art. It is located in Bilbao, Spain, and has become a symbol of the city's transformation. The museum's success has led to the term 'Bilbao Effect', which refers to the positive impact of significant architecture on a city's economy. The museum continues to challenge assumptions about the connections between art and architecture today.