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World Trade Performing Arts Center Design Unveiled

NEW YORK (CBSNewYork/AP) -- Officials unveiled a design for a long-stalled performing arts center at the World Trade Center site.

It will be called the Ronald O. Perelman Performing Arts Center and Barbra Streisand will serve as board chair.

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The center will be shaped like a cube and made out of translucent marble. It will have three theaters with moveable walls that could be reconfigured for works of dance, opera, music and theater. It also will be home to the Tribeca Film Festival.

The billionaire businessman donated $75 million for the $250 million 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.

It's slated to open in 2020.

(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 This material may not be published, broadcast, rewritten, or redistributed.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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