The spectacular new building to the south of the famous London gallery will be designed by Swiss architects Herzog & de Meuron. It will stand on the foundations of oil tanks which served the Bankside power station, before it was converted into the Tate Modern.
The new building will increase Tate Modern's size by 60% adding approximately 21,000m2 of new space. Southwark Council in March last year. Work on the £215M project will begin in mid-2009 with the venue scheduled to open in 2012.