Tuesday, May 21, 2013

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Couple Kicks In More Money For MSU's Art Museum
Posted: 01.21.2010 at 9:11 AM
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EAST LANSING (AP) -- A couple who gave their money and names to Michigan State University's planned art museum are kicking in an extra $2 million toward its growing cost.

Michigan State says Los Angeles billionaire Eli Broad (BROHD) and his wife Edythe (BROHD) have raised their pledge to $28 million.

The school said Wednesday it has raised about $33 million for the museum but says the estimated cost has risen to $40 million to $45 million from the original $30 million.

University trustees voted in December to build the Eli and Edythe Broad Art Museum. The school plans to break ground March 16 and open the museum in early 2012.

London-based architect Zaha Hadid won an international design competition for the museum in January 2008.

 

(Copyright ©2010 by The Associated Press. All Rights Reserved.)

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