funding news
FIFA files criminal complaint over funding of €459m world football museum
by Tom Walker | 28 Dec 2020
Football's world governing body FIFA has filed a criminal complaint over what it describes as "criminal mismanagement" of the World Football Museum project in Zurich. The project was first announced by disgraced former FIFA president Sepp Blatter in 2012 and the attraction opened its doors in February 2017 at a cost of around CHF500m (€459m, £415m). The 3,000sq m (32,300sq ft) museum is part of a larger development which includes
Funding boost for Diller Scofidio + Renfro's London Centre for Music
by Stu Robarts | 23 Mar 2020
The London Centre for Music, designed by Diller Scofidio + Renfro, has received a funding boost of nearly £2m ($2.3m, €2.2m) for the next stage of its development. Announced in 2017, the vision for the centre is "to develop a world-class venue for performance and education across all musical genres". It will transform part of and be run by the Barbican performing arts centre and will be a new home
Funding approved for LMN Architects-designed shark pavilion at Seattle Aquarium
by Andy Knaggs | 10 Dec 2019
Construction of a new pavilion at the Seattle Aquarium, designed by LMN Architects, looks set to go ahead after the city council approved a US$34m (€30.7m, £25.8m) contribution towards funding. Designs for the US$113m (€102m, £85.8m) 50,000sq ft (15,240sq m) Ocean Pavilion project were unveiled in 2017. It will see a 325,000-gallon (1.5-million-litre) martini glass-shaped tank built to house sharks, stingrays, and schooling and reef fish from the South Pacific's
Wilkinson Eyre and Gustafson Porter and Bowman's railway museum project gets massive funding injection
by Andy Knaggs | 18 Oct 2019
The UK government has announced a £250m (US$322m, €290m) Culture Investment Fund for England. The funding package will be spent on infrastructure projects in the culture, museums and libraries sectors. More than £125m (US$161m, €145m) of the fund is earmarked for investment in improvements to regional museums and libraries. As the recipient of the largest single contribution from the fund (£18.5m US$23.8m, €21.4m), the National Railway Museum in York will
3XN’s Sydney Fish Market redevelopment gets funding approval
by Stu Robarts | 24 Sep 2019
Sydney Fish Market is to more than double in size and gain a variety of new leisure amenities and public spaces, following confirmation that AUS$750m (US$509m, €463m) will be invested in its redevelopment. The market, which is said to be the largest of its kind in the Southern Hemisphere, will move from its existing location in Pyrmont to the adjacent Blackwattle Bay in Sydney Harbour. The new site will occupy
US$130m Sarasota aquarium project seeks funding
by Tom Anstey | 09 Feb 2018
A fundraising campaign has been launched following the announcement of plans to build a US$130m (€106m, £93.2m aquarium development in Sarasota, Florida. Called the Mote Science Education Aquarium, Massachusetts-based architecture firm CambridgeSeven are behind the plans, which will cover 110,000sq ft (10,000sq m) – more than doubling the size of the existing Mote Aquarium. In addition to aquatic displays across 3.8 million litres of water, the aquarium will offer interactive
Nashville one step closer to MLS as funding approved for $225m stadium
by Rob Gibson | 17 Oct 2017
Funding has been approved for a 27,500-seater stadium designed to bring Major League Soccer (MLS) to Nashville, Tennessee. Nashville’s Sports Authority has approved a $225m (£171m, €191) bond resolution, solidifying funding before the proposal goes to the Metro Council for final approval in November. Concept designs from global architecture firm HOK show the stadium covering 500,000sq ft (152,400sq m) at The Fairgrounds site in the capital of Tennessee. The renderings
Landmark Sutton Hoo viewing tower plans get heritage funding
by Tom Anstey | 11 Oct 2017
Plans to build a 17m (56ft) viewing tower at one of Britain’s most archaeologically-significant sites can go ahead following a £1.8m (US$2.4m, €2m) donation from the Heritage Lottery Fund (HLF). In 1939 a hoard of treasures were discovered at Sutton Hoo in Suffolk, believed to be the final resting place of the 7th Century King Raedwald of East Anglia. The project, which will cost £4m (US$5.3m, €4.5m) in total, means
Derby's Silk Mill secures final funding for £16.4m Museum of Making
by Tom Anstey | 07 Oct 2017
Derby Museums has secured final funding for its planned £16.4m (US$21.4m, €18.2m) Museum of Making following a £9.4m (US$12.3m, €10.5m) donation from the UK's Heritage Lottery Fund (HLF). The donation to the charitable trust, which represents Derby's Museum and Art Gallery, Pickford’s House and The Silk Mill, makes it the largest National Lottery-funded project in Derby’s history. The Museum of Making at Derby Silk Mill project will see a community-led
DC United wins US$25m funding to make new stadium eco-friendly
by Matthew Campelli | 28 Jun 2017
Major League Soccer (MLS) franchise DC United has secured a US$25m (£19.3m, €22m) funding package to make its soon-to-be-built new stadium more energy efficient. The package has been agreed with the mayor of Washington DC Muriel Bowser and the Department of Energy and Environment (DOEE). Funding will go towards the installation of energy efficient equipment at the 20,000-capacity Audi Field venue, such as 884kw solar panels and stormwater retention system.
SANAA's New South Wales gallery expansion secures crucial government funding
by Tom Anstey | 14 Jun 2017
Australia’s minister for the arts Don Harwin has awarded AU$244m (US$186.2m, €164.8m, £145.4m) to the Art Gallery of New South Wales, with the funding going towards the museum’s grand AU$344m (US$262.5m, €232.4m, £205.2m) expansion. In addition to the government funding, the Sydney gallery is planning to launch a capital campaign later this year, seeking a further AU$100m (US$76.3m, €67.5m, £59.6m) in philanthropic support for the project, of which AU$70m (US$53.4m,
US Olympic Museum out of the blocks with funding package
by Kim Megson | 15 May 2017
Plans to create a US$75m museum in Colorado Springs dedicated to the Olympic movement have moved a step closer to becoming a reality, with the final pieces of essential funding reportedly now in place for the project. According to the Colorado Springs Gazette the US Olympic Museum could break ground in the next few months after the city’s Urban Renewal Authority agreed to issue bonds partly financing construction. The decision
Crowdfunding campaign launched for Brixton's Bowie lightning bolt memorial
by Kim Megson | 24 Feb 2017
The extraordinary life and career of music icon David Bowie could be marked with a gravity-defying lightning bolt sculpture in the London district where he was born. Architect Zac Monro, arts collective This Ain’t Rock’n’Roll and sculptor Tom Carter have proposed the three-storey, 9m (29.5ft) tall steel memorial, which reimagines the famous bolt sported by Bowie on the cover of his 1973 album Aladdin Sane as a giant three-dimensional structure
Guggenheim Helsinki plans derailed following funding collapse
by Tom Anstey | 01 Dec 2016
Plans for the much-debated Guggenheim Museum in Helsinki have fallen through after city councillors rejected a proposal to provide state aid for the project’s development. During recent budget talks, the co-ruling nationalist Finns party objected to the €40m (US$42.4m, £33.5m) support costs offered by the government, especially during a time when Finland’s economy is struggling while the government pushes through a multi-billion Euro austerity measure to try and curb public
National football and rugby stadium mooted for Luxembourg
by Matthew Campelli | 25 Nov 2016
A new national stadium accommodating football and rugby is expected to be built and ready in Luxembourg by October 2019. The mayor of the eponymous capital city, Lydie Polfer, unveiled plans for the 9,385-capacity venue, which is expected to cost €60m (£51.2m, US$63.6m). Located on Boulevard de Kockelscheuer, the proposed stadium has been designed by the BENG architecture practice. Preparatory work on the site is expected to begin in May
City of Helsinki fights to save Guggenheim project with new funding proposal
by Kim Megson | 04 Nov 2016
The City of Helsinki has prepared a new funding proposal for establishing a Guggenheim museum in the city, after Finland’s co-ruling nationalist Finns party blocked state aid for the project’s development. During recent budget talks, the Finns objected to the €40m (US$45m, £33.7m) support costs offered by the government, especially during a time when Finland’s economy is struggling while the government pushes through a multi-billion Euro austerity measure to try
Crowdfunding launched to build international cricket stadium in Rwanda
by Kim Megson | 09 Oct 2016
A funding campaign to build a self-sustaining cricket ground of international standard in Rwanda is gathering momentum. Cricket is Rwanda’s fastest growing sport and has been used as a tool in recent years to bring people together in the country, which was torn apart by genocide in 1994. Despite the burgeoning interest, there are a lack of cricketing facilities in the country, and so the Rwanda Cricket Stadium Foundation (RCSF)
Garden Bridge faces further uncertainty as new London mayor demands public funding scrutiny
by Kim Megson | 11 Jul 2016
The new mayor of London, Sadiq Khan, has suspended work on Thomas Heatherwick’s controversial Garden Bridge project over concerns that more public money will be required to complete the £175m (US$225.6m, €204.4m) project. Khan officially supports the plans to build the 367m long plant-filled bridge, but only if no more than the agreed £60m (US$77.3m, €70m) in public funding is made available to build it. According to the Architects’ Journal
Spacehive crowdfunding campaign launched to resurrect London's Peckham Lido
by Kim Megson | 13 May 2016
A crowdfunding campaign will be launched today (13 May) to revive a historic lido in Peckham, South East London, with a new design by architecture practice Studio Octopi. The original 50 metre (164ft) outdoor swimming pool, called the Peckham Rye Lido, served swimmers and sunbathers from 1923 until 1987 before closing. The pool was filled in and now only a crumbling fountain remains where it once stood. Community group Peckham
New York mayor announces funding for BIG's leisure-oriented storm barrier The Dryline
by Kim Megson | 12 May 2016
New York Mayor Bill de Blasio has allocated US$170m (€149m, £118m) of the city’s budget for 2017 on climate resiliency projects, including construction of Bjarke Ingels Group's leisure-oriented storm barrier The Dryline. The money will be used to create the stormwater management infrastructure required for the Lower Manhattan project – a 12 km-long high-water barrier incorporating public space with parks, seating, bicycle shelters, sports facilities and skateboard ramps. Elevated embankments,
Crowdfunding campaign offers chance to invest in slice of Ibiza clubland
by Kim Megson | 04 May 2016
A new crowdfunding initiative is paving the way for party-loving investors to buy a stake in their very own Ibiza nightclub designed by artist Lluís Güell. The club, called Alter Ibiza, is set to open this July this year on the beach resort of San Josep. Replacing a former club, the new venue will transform the building’s existing basement into “a spectacular large space filled with split columns, marble staircases
Frosts step in to save Miami science museum after funding shortfall
by Kim Megson | 11 Feb 2016
A turbulent bid to build a world-class science museum in Miami is back on track after two principal donors stepped in to provide crucial funding to the cash-stricken project. The US$307m (€283.5m, £214.1m) Patricia and Phillip Frost Museum of Science is entering the final construction phase, but a US$45m (€41.5m, £31.3m) funding shortfall emerged last month due to higher-than-expected construction costs and a failure to finance donor pledges. However, the
EXCLUSIVE: Frost Science Museum CEO confident Miami project will complete despite funding battle
by Kim Megson | 25 Jan 2016
The president and CEO of Miami’s Patricia and Phillip Frost Museum of Science has insisted the high-profile relocation of the museum to its “next generation” new home on Miami’s waterfront will be completed despite a US$45m (£31.3m, €41.5m) shortfall in funding. The museum’s new three-storey facility – designed by Grimshaw Architects – is entering the final construction phase four years after work first began. However, the project has received less
Crowdfunding underway for a floating cycle highway on the Thames
by Jak Phillips | 09 Nov 2015
A crowdfunding campaign has been launched to harness the “huge transportation capacity” of London’s Thames River to create a floating cycle highway running through the heart of the congested city. The team behind the Thames Deckway - a 7-mile (11km) stretch of cycle path that would float alongside the banks of London’s famed river - are aiming to raise £175,000 (€245,000, US$264,000) on IndieGogo to pay for a feasibility study
Crucial beakthrough reached in London Garden Bridge funding stand-off
by Kim Megson | 02 Nov 2015
Development of the Thomas Heatherwick-designed Garden Bridge in London is set to continue after a crucial breakthrough was reached over public funding allocated to the project. Progress on the £175m (US$294m, €216m) development of the tree-lined river crossing had stalled following a row between the Garden Bridge Trust and Lambeth Council over the £30m (US$46m, €42m) contribution being paid by Transport for London (TfL) – the local government body responsible
Vancouver Art Gallery seeks funding for Herzog and de Meuron-designed redevelopment
by Tom Anstey | 09 Oct 2015
Vancouver Art Gallery is in line for a radical redevelopment, but only if the Canadian attraction can fund the multi-million dollar cost of the ambitious plans, which will double the institution’s exhibition footprint. The CA$350m (US$267m, €237.8m, £175.7m) plans, designed by Swiss architects Herzog and de Meuron, feature a wooden exterior, with rectangular stacks – each varying in size – sitting on top of each other. According to the architects,
Studio Octopi kicks off crowdfunding campaign for Thames Baths project
by Jak Phillips | 23 Apr 2015
Architecture practice Studio Octopi’s dream of sparking a “swimming revolution” by creating a floating freshwater pool in London’s River Thames has today (23 April) become the subject of an ambitious crowdfunding campaign. The Thames Baths project – which has won high-profile backing from figures including artist Tracey Emin and London mayor Boris Johnson – was last month incorporated as a CIC (Community Interest Company), meaning the public space will be
Crowdfunding campaign for swimming pool in London’s Thames
by Katie Buckley | 26 Jan 2015
Launching in April, an online crowdfunding campaign is looking for £250,000 (US$383,425, €336,544) to make outdoor swimming in London’s Thames a reality. Plans for an outdoor swimming pool, known as the Thames Baths, have been in the works for a while. Originally designed for a competition “London As It Could Be Now” in early 2014, architecture practice Studio Octopi came up with the initial outline for the project. The practice,
San Francisco MOMA nears US$610m funding target
by Tom Anstey | 06 Jan 2015
Following a two-year fundraising campaign, the San Francisco Museum of Modern Art (MOMA) is closing in on its financial target to build a 235,000sq ft (21,800sq m) new wing. The US$610m (€513m, £401m) figure would fund the new wing – which would house works by the likes of Andy Warhol, Mark Rothko and David Hockney – and secure the future of the museum for many years to come. The expanded
HLF grants £21m to various projects in latest round of funding
by Tom Anstey | 08 Dec 2014
The Heritage Lottery Fund (HLF) has green-lighted more than £21m in funding for a variety of heritage projects across the UK, including the renovation of a World War One social club, construction of Scotland’s first building conservation centre and the creation of an aerospace centre. Among the projects that have received funding, some of the most notable include: Bristol Aerospace Centre Bristol Aerospace Centre gained the largest slice of the
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Across Denmark, a charity is turning industrial buildings into centres for street sport and art. As the concept prepares to go global, we speak to the people making it happen
Across Denmark, a charity is turning industrial buildings into centres for street sport and art. As the concept prepares to go global, we speak to the people making it happen
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