The backers of a long-delayed Contemporary Art Museum expect to begin construction early next year in downtown Raleigh's warehouse district.
The 20,000 square-foot facility will include three galleries and classrooms in a renovated warehouse at 409 W. Martin St.
The nonprofit group behind the museum bought the old warehouse in 1997 but ran into problems with fundraising and other obstacles.
The Contemporary Art Foundation, in an e-mail this afternoon, wrote that construction will start in the first quarter and the museum will open in 2011. The museum will generate $2 million or more from historic tax credit programs to help pay for renovations.
"Although faced with a difficult economy, CAM has been able to 'swim against the tide' in the current recession and secure the final capital funds needed to start construction," the group wrote.
The project could bring life to the warehouse district, where development has been slow to materialize. It also joins other major projects underway or planned in downtown Raleigh, including the $100 million Green Square Project, a 12-story office tower being built by the State Employees Credit Union and a $210 million Wake County Justice Center.