In 1991 the foundation meeting of the Gil Society was held, marking the real beginning of the construction of an Art Centre in Grófargil which is now the focal point of culture in Akureyri. This is where we find the Akureyri Art Museum, the Akureyri School of Art and exhibition halls of varying dimensions. This is the location of Deiglan, multiple restaurants and artists studios. The Gil Society runs an artist residency and is an organiser of art exhibitions, music and other happenings connected with the diverse and ambitious cultural life of the towns people of Akureyri.
Properties in Grófargil were previously used for various kinds of industries under the auspices of the Eyjafjörður Co-operative Society (KEA). Later Akureyri Municipality purchased the properties and the area has now been converted into a living cultural centre in co-operation with the Gil Society and other partners in the project.