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05May94 UK: TATE SHOWS BANKSIDE ART PLANS.

The Tate Gallery has unveiled plans to convert the redundant Bankside power station on the south bank of the Thames into an £80 million gallery of modern art.The 3.4 ha site opposite St Paul's Cathedral in the heart of London will become the focus for the development, which is expected to be a frontrunner for Millennium Fund cash.It is envisaged that the Millennium Fund, raised through the National Lottery, would foot half the cost of turning the hulk of the plant into an art gallery.If all goes to plan the gallery, with its controversial bridge link to the City, will open by 2000.An architectural competition is due to be launched in May.But before then, the plant, which is owned by Nuclear Electric, will have to be stripped out.If the Tate succeeds, the building will become the first national gallery to be built in Britain since the 19th century. CONSTRUCTION NEWS