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NEWS
Guggenheim Helsinki plans derailed following funding collapse
POSTED 01 Dec 2016 . BY Tom Anstey
The contentious scheme was torpedoed after councillors voted 53 to 32 against for partial funding of the project
Plans for the much-debated Guggenheim Museum in Helsinki have fallen through after city councillors rejected a proposal to provide state aid for the project’s development.

During recent budget talks, the co-ruling nationalist Finns party objected to the €40m (US$42.4m, £33.5m) support costs offered by the government, especially during a time when Finland’s economy is struggling while the government pushes through a multi-billion Euro austerity measure to try and curb public debt growth.

The contentious scheme was torpedoed after councillors voted 53 to 32 against for partial funding of the project, following five hours of debate before the decision.

Speaking to the Helsinki Times, Solomon R Guggenheim Foundation director Richard Armstrong said that the decision not to allocate funds for the proposed museum, in effect was “bringing this project to a close.”

The foundation also confirmed that after five years of trying to bring the project to the table, the latest rejection means no further alternative funding options will be put forward.

According to an assessment made by the City, the museum would have increased Helsinki tourism and annual spending by visitors by at least €16m (US$17m, £13.4m), also boosting employment.

The competition to design the gallery waswon in 2015 by Paris-based Moreau Kusunoki Architects, which topped a list of more than 1,715 submissions from close to 80 countries.
PROJECT PROFILE:

Guggenheim Helsinki
French architecture firm Moreau Kusunoki have been named winners of the Guggenheim Helsinki competition, with the €126m (£100m, US$160.5m) project to be formed of Japanese-style pavilions and a striking tower on the Helsinki waterfront.


RELATED STORIES
  City of Helsinki fights to save Guggenheim project with new funding proposal


The City of Helsinki has prepared a new funding proposal for establishing a Guggenheim museum in the city, after Finland’s co-ruling nationalist Finns party blocked state aid for the project’s development.
  Guggenheim's 18-carat gold toilet opening as interactive art exhibit


New York’s Guggenheim is taking extravagance to a new level, unveiling a fully-functional 18-carat gold toilet, which the public are being invited to make use of.
  Government clashes jeopardise development of Guggenheim Helsinki


Moreau Kusunoki’s landmark Guggenheim museum in Helsinki, Finland, is in danger of not coming to fruition with the co-ruling nationalist Finns party blocking state aid for the project’s development.
MORE NEWS
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
+ More news   
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QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
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RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
Red Raion

Founded in 2014, Red Raion is the CGI studio for media-based attractions. [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
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08-08 May 2024

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NEWS
Guggenheim Helsinki plans derailed following funding collapse
POSTED 01 Dec 2016 . BY Tom Anstey
The contentious scheme was torpedoed after councillors voted 53 to 32 against for partial funding of the project
Plans for the much-debated Guggenheim Museum in Helsinki have fallen through after city councillors rejected a proposal to provide state aid for the project’s development.

During recent budget talks, the co-ruling nationalist Finns party objected to the €40m (US$42.4m, £33.5m) support costs offered by the government, especially during a time when Finland’s economy is struggling while the government pushes through a multi-billion Euro austerity measure to try and curb public debt growth.

The contentious scheme was torpedoed after councillors voted 53 to 32 against for partial funding of the project, following five hours of debate before the decision.

Speaking to the Helsinki Times, Solomon R Guggenheim Foundation director Richard Armstrong said that the decision not to allocate funds for the proposed museum, in effect was “bringing this project to a close.”

The foundation also confirmed that after five years of trying to bring the project to the table, the latest rejection means no further alternative funding options will be put forward.

According to an assessment made by the City, the museum would have increased Helsinki tourism and annual spending by visitors by at least €16m (US$17m, £13.4m), also boosting employment.

The competition to design the gallery waswon in 2015 by Paris-based Moreau Kusunoki Architects, which topped a list of more than 1,715 submissions from close to 80 countries.
RELATED STORIES
City of Helsinki fights to save Guggenheim project with new funding proposal


The City of Helsinki has prepared a new funding proposal for establishing a Guggenheim museum in the city, after Finland’s co-ruling nationalist Finns party blocked state aid for the project’s development.
Guggenheim's 18-carat gold toilet opening as interactive art exhibit


New York’s Guggenheim is taking extravagance to a new level, unveiling a fully-functional 18-carat gold toilet, which the public are being invited to make use of.
Government clashes jeopardise development of Guggenheim Helsinki


Moreau Kusunoki’s landmark Guggenheim museum in Helsinki, Finland, is in danger of not coming to fruition with the co-ruling nationalist Finns party blocking state aid for the project’s development.
MORE NEWS
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
+ More news   
 
COMPANY PROFILES
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
RMA Ltd

RMA Ltd is a one-stop global company that can design, build and produce from a greenfield site upw [more...]
Red Raion

Founded in 2014, Red Raion is the CGI studio for media-based attractions. [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


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Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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