Construction will begin on the £215M extension for London’s Tate Modern gallery next year, despite a huge funding shortfall.
The project is £141M short but the Tate’s trustees chairman Lord Browne of Madingley said he expects the Department for Culture, Media and Sport (DCMS) to plug the gap.
Reports suggest the department is over-committed and faces spending cuts.
Browne says: “We intend to start building next year, and subject to the amount of money we raise, we expect to have a building there by 2012.”
The extension will add a 65m building to the former power station and increase display space by 60%.
Current funding stands at £74M, the same as it was when planning permission was granted in March. However, the gallery made a record £100M of acquisitions this year.