The City of London Corporation has revealed £73m of funding, in the next phase of plans to relocate the Museum of London to a collection of historic buildings in West Smithfield, EC1.
This stage of funding by the City Corporation has been dedicated to the next phase in the relocation and regeneration plan for the museum. It will be used to help secure the venue as a key visitor attraction in the capital, which includes the appointment of sub-contractors to conduct building works, and some will be directed toward the adjacent historic buildings.
Once complete the project, which will see the museum move to Smithfield when Smithfield Market is relocated to Barking and Dagenham, will offer learning facilities for children and hopes to attract 2m visitors a year to the area.