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Thu January 21, 2010
Couple increase pledge to MSU art museum by $2M
EAST LANSING, MI –
A couple who gave their money and names to Michigan State University's planned art museum are kicking in an extra $2 million toward its growing cost.
Michigan State says Los Angeles billionaire Eli Broad and his wife Edythe have raised their pledge to $28 million.
The school said Wednesday it has raised about $33 million for the museum but says the estimated cost has risen to $40 million to $45 million from the original $30 million.
University trustees voted in December to build the Eli and Edythe Broad Art Museum. The school plans to break ground March 16 and open the museum in early 2012.
London-based architect Zaha Hadid won an international design competition for the museum in January 2008.