Long-Stalled World Trade Performing Arts Center Design To Be Unveiled

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NEW YORK (CBSMiami/AP) — Officials are set to unveil a new design for a performing arts center at the World Trade Center site.

It will be called the Ronald O. Perelman Performing Arts Center. The design is being unveiled Thursday.

The billionaire businessman donated $75 million for the project in June.

Officials have said the donation will fund the center's construction, endowment and operations.

The project has undergone numerous changes and delays since it was first included as part of the site's 2003 master plan.

The center calls for three theaters that could be reconfigured for works of dance, opera, music and theater. It'll also be home to the Tribeca Film Festival. It's slated to open in 2019.

(TM and © Copyright 2016 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2016 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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