Designer Terence Conran Donates Millions to Help Design Museum Move Into Its New Building

Since 2008, when rumors first started swirling around, London’s Design Museum has been eager to move across town, into their planned Rem Koolhaas-rehabbed building, the former home of the Commonwealth Institute. Now it looks like they’ve received the money to do it. This week, the museum announced that designer-turned-millionaire-retailer, Terence Conran, had not only donated £7.5 million in cash (pdf), but “the value of the sale of the lease of the current Design Museum building at Shad Thames valued in the region of £10 million” as well.