Helsinki considers plan C to build Guggenheim

A new plan to build a 130m Helsinki Guggenheim on the Finnish capital's waterfront increases the level of private funding and sees the US-based foundation cut its license fee by $10m to $20m payable over 20 years. This new plan, the third proposal since 2012, was announced today (3 November). It would mean the City of Helsinki provides 80m of the construction cost and underwrites a 35m loan to a company set up jointly with the Guggenheim Helsinki Supporting Foundation. The plan C follows the Fi