The Denver Art Museum has decided to continue moving forward on its $150 million renovation project without waiting for the city’s vote on a bond package this November, John Wenzel of The Know reports.
The museum is hoping to receive about a quarter of the funds for refurbishment from the city’s $937 million General Obligation Bond. The city’s support is considered crucial to the project, which aims to overhaul the Gio Ponti–designed North Building and erect a new 50,000-square-foot welcome center. The institution has been working to raise funds for the past five years. In February, Colorado philanthropists Anna and John J. Sie gifted the museum $12 million for the campus revitalization project.
“We’re very optimistic, but you always have to prepare and be realistic,” museum director Christoph Heinrich said. “We just had a meeting today looking at what could be deferred, and if this is something we could do over ten years instead of two years. The scope would switch dramatically, and we would have to continue fundraising like crazy.”