Conran gives £17.5m towards new Design Museum Thursday, 30th June 2011
The museum will relocate from Shad Thames, south-east London, to the disused Commonwealth Institute building in Kensington in 2014. It will have three times the exhibition space.
According to Estates Gazette Sir Terences’s donation comprises £7.5m cash and the proceeds from the sale of the lease of the existing site, valued at £10m. The budget for converting the new location is £77m. Some £54m has already been raised.
Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail industry retail property retailer sale sales supermarket waitrose