The next stage of the Museum of London’s relocation has been backed by £73 million of funding from The City of London Corporation.
Last month the museum began the two-year process of moving 10,000 objects from its former London Wall galleries to its new West Smithfield location.
The Museum of London has appointed Sir Robert McAlpine to act as its construction management partner for the main works, and the £73 million provides necessary funding to appoint sub-contractors required to build the new museum.
The museum plans to welcome its first visitors to preview events and a festival curated by Londoners in late 2025, and open to the public as a visitor attraction in 2026.
Policy Chairman at the City of London Corporation, Chris Hayward said: “This significant investment in the relocation and regeneration of the Museum of London represents a major commitment by the City Corporation, not only to the museum but also to the historic market buildings that make up the site.
“We believe that the new London Museum will draw visitors in from all corners of the world, bringing economic benefits to the Smithfield area and providing a world-class learning offer to every schoolchild in London.”
Director of the Museum of London, Sharon Ament added: “We are moving forward at pace to create a fantastic new destination for the capital and this funding is the next step in our journey to build a truly world-class museum.”