On Wednesday, May 1, 2013 the Los Angeles County Museum of Art announced that they will publicly unveil plans for a new building next month. The institution has picked Pritzker Prize-winning architect Peter Zumthor to design LACMA’s new home.

The project is expected to cost $650 million and will include the demolition of the original LACMA building, which was built in 1965, as well as an addition that was constructed in 1986. Dutch architect Rem Koolhaas proposed a similar plan in 2001 but fundraising problems prompted the museum to cancel the project. Michael Govan, the current director of LACMA, has been ramping up fundraising efforts since he joined the museum in 2006 and has succeeded in expanding donor funding and enlarging the museum’s board.

Under Govan’s direction, LACMA had opened two buildings designed by Renzo Piano, the Broad Contemporary Art Museum, and the Resnick Pavilion. Zumthor’s plans leave the newer buildings untouched as well as the Pavilion for Japanese Art, which opened in 1988.