The first footage of the Victoria & Albert (V&A) Dundee project and its place on the waterfront has been released
Previous story: Kengo Kuma’s V&A outpost wins Government cash boost (17.01.11)
The Victoria & Albert (V&A) Dundee project has been boosted by a £5 million cash injection by the Scottish Government
The project’s partners can now press ahead with fundraising plans for the full costs of the building of the proposed museum - expected to cost around £47 million. The initial cash injection from the Government will help pay to secure Japanese architect Kengo Kuma’s services.
Scotland’s culture minister Fiona Hyslop said: ‘The Scottish Government is making a significant capital contribution to the project, providing a sound funding basis to which the partnership can add from other sources to enable the project to proceed.
‘The international architecture competition sparked an incredible response. With an internationally-renowned architect in place, and a fantastic design, the V&A at Dundee will be an iconic building on the waterfront.’
The Scottish Government will provide capital funding of £458,000 in 2010/11, while it has earmarked £3.1m in the draft 2011/12 spending plans.
Revenue funding of £280,000 will be made available in 2010/11, with £1m for the following year.
The new building is expected to start on site in 2012 and could open its doors to the public in 2015.
Video: Kengo Kuma's Dundee V&A outpost on film