A "magical" new museum based on the works of Danish fairytale writer Hans Christian Andersen will be built in his birthplace of Odense. City officials said Monday that A. P. Moller Foundation, main owner of the shipping and oil group A. P. Moller-Maersk, has donated $33 million for the museum, among other donations that will push the project forward.

Odense already hosts a museum dedicated to the personal life and travels of Andersen who wrote such childhood classics as "The Ugly Duckling" and "The Little Mermaid." The new venue will provide more on an immersive experience of his fairytales.

Japanese architecture group Kengo Kuma & Associates won the museum's design competition with a planned 60,300 sq. foot building, according to a statement. Much of the space will be underground.

British firm Event Communications will be responsible for developing the museum’s exhibitions.

Construction is expected to start in 2017 with a completed museum by 2020.