The monument, which will sit on four acres that have been designated for the project along Independence Avenue in the center of Washington D.C., is projected to cost between $90 - $120 million and is scheduled to open on Memorial Day 2015. It will be the seventh national presidential memorial built in the capital, and the most recent since the Franklin D. Roosevelt Memorial opened in 1997.
The design for the building itself, consisting of a boxy structure more in line with the classical architecture prevalent in D.C., marks a departure from Gehry’s typically freewheeling projects. But the interior will be a dramatic site of architectural bravado: the president and events from his two terms in office will all be depicted in woven steel mesh. In a statement, Gehry said that tapestries from the collection of the Philadelphia Museum of Art, where he is currently building an expansion, helped to inspire the project.
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