The rebranded London Museum in Smithfield, backed by £50 million from the Mayor and City Corporation, aims to boost local economy and culture.
Sadiq Khan emphasized that the London Museum is integral to the city's culture, projecting significant economic contributions alongside enhancing London's cultural prominence.
The total funding for the new museum will reach £437 million, with anticipated gross value added of £565 million within 10 years post-opening.
Amidst the move, the museum's strategy includes not just relocation but also the development of community engagement and educational impact on diverse visitors.
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