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Gehry goes down under

Frank Gehry seems to be making stops all around the world. After a recent presentation in New York City, the 81-year-old architect announced on Wednesday his plan to design a $150 million (AUD) building in Sydney, Australia.

The University of Technology, Sydney and Gehry, at a media event in Sydney on Wednesday, said the architect would design a business school as part of the university's master plan. A Chinese business leader, Dr Chau Chak Wing, will also donate $20 million (AUD) to support the new faculty of business building, according to the university.

Gehry did not present any images or drawings of the design at the media event and the architect told the expectant press corps that it would be at least a year until he unveils the design, according to press reports.

''I don't want people to fall in love with a premature sketch that ignores how much it may cost,” Gehry was quoted in the Sydney Morning Herald. "A concept design is not a fully developed architecture. It is a sketch, and we've only just begun to explore the possibilities."

He also told the press that he doesn’t want his building to outshine the iconic Sydney Opera House. "We don't want to beat that," said Gehry in the Sydney Morning Herald.

The building is slated for completion by the end of 2013.

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