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LONDON, July 26 (UPI) -- London's Tate Modern -- reputedly the most-visited modern art museum in the world -- has revealed plans for a $397 million expansion.
Museum officials said they hope the expansion will be completed in time for the 2012 Olympic games in London, The New York Times said.
The project will feature a 220 foot high pyramid-like annex which will likely meet the museum's reported need for more space to facilitate the millions of visitors it gets each year.
"It was designed for 1.8 million people per year," Tate director Nicholas Serota said of the museum, which was opened in 2000, "and now we have over 4 million visitors per year."
With a design created by the architects Herzog & de Meuron -- who originally designed the Tate -- the new extension will likely also advance London's attempts to transform the nearby south bank of the Thames, the Times said.
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