Norman Foster, Baron Foster of Thames Bank, until the consortium running the project ran into difficulties. Since 2010, the island is owned by the Iris Foundation (Daria Zhukova's art foundation). A new project was established with space for galleries and a museum, possibly to house Abramovich's art collection. The $12-billion-dollar redevelopment project was awarded to NY-based architecture firm WORKac. The island opened to the public in 2011. The planned £256m complex is intended to combine commercial and residential properties with the restoration of monuments that are protected by UNESCO. While very similar to the plans made by Fosters + Partners in 2006, the firm WORKac designed the new island as a microcosm of St-Petersburg, a concept of "city within the city". A branch of the Centre of Contemporary Art (based in Moscow) is also planned. In 2016, the restoration of the former blacksmith building (the foundry), the administrative building (the commandant’s house) and the old naval prison was launched. A playground and a communal herb garden were also planned. An ice skating rink was planned to be installed during winters on the central lawn. Those new additions are to be completed by 2025. References Bibliography External links Official website Reconstruction of New Holland Island Norman Foster's plans for New Holland Island New Holland Island Cultural Center Masterplan 1720 establishments in Russia Islands of Saint Petersburg Buildings and structures in Saint Petersburg Neoclassical architecture in Russia Foster and Partners buildings Defunct prisons in Russia Warehouse districts Shipyards of Russia Art gallery districts Planned new art museums and galleries Artificial islands of Russia River islands of Russia Cultural heritage monuments of federal significance in Saint Petersburg