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Kennedy Center Gets Closer To Fundraising Goal For Expansion

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The Kennedy Center is moving forward with its first major expansion of the memorial to President John F. Kennedy after collecting $40 million more dollars in gifts and pledges.

The gifts bring the fundraising total to $90 million dollars so far. The total cost of the project is $125 million.

The performing arts center plans to add pavilions housing rehearsal halls and classrooms, a memorial garden to honor Kennedy and an outdoor video wall to simulcast performances.

New gifts from about a dozen donors include a lead pledge from Kennedy Center Treasurer Michael Neidorff and the Centene Charitable Foundation.

Kennedy Center Chairman David Rubenstein made an earlier pledge of $50 million when the project was announced in January.

A groundbreaking for the expansion is planned for next year . Construction is expected to be complete in 2017.

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