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D.C. to subsidize Gehry project

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From Bloomberg News

Architect Frank Gehry’s planned expansion of Washington’s Corcoran Museum of Art has received a $40-million subsidy commitment from the district council.

The District of Columbia Council plans to use a technique called tax increment financing to help fund the $200-million project for the U.S. capital’s oldest art museum.

The project’s centerpiece, due to break ground in 2006, will be a new wing designed by Gehry, acclaimed for the curvy, metal-sheathed Guggenheim Museum in Bilbao, Spain, and the similar Walt Disney Concert Hall here.

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The 140,000-square-foot addition will almost double the size of the privately run museum, located a block from the White House and known for its 19th century works from such painters as Frederic Church and Mary Cassatt.

The wing will house 22 galleries and a children’s art center.

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