The
City of East Lansing,
Michigan State University (MSU) and several
private donors have contributed more than $26 million to a $30 million
art museum that will be constructed on Grand River Ave and Collingwood
Dr. in downtown East Lansing.
The majority of the money was donated by private investors; however, East Lansing gave $50,000 to MSU for the project.
"We
don't have any formal study on it, but the new museum is bound to draw
more visitors to the area," says East Lansing Mayor Pro Tem Victor
Loomis. "That alone will bring more opportunity for the existing
business community to provide services to additional visitors that come
to see the museum."
The city has also set up a $50,000 grant
that will be available to business startups that want to be a part of
the art district centered around the new museum.
MSU is still mulling over proposed architectural plans for the building, which is slated to be completed by 2010.
Conceptual rendering by Coop Himmelb(l)au.
Conceptual rendering by Kohn Pedersen Fox Architects, PC.
Conceptual rendering by Morphosis.
Conceptual rendering by Randall Stout Architects, Inc.
Conceptual rendering by Zaha Hadid Architects
Source: Lisa Mulcrone, MSU
Developer: To be determined
Builder: To be determined
Ivy Hughes is the development news editor for Capital Gains. She can be reached at
ivy@capitalgainsmedia.com.
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