A new US$300m (€ 230m, £195m) Academy Museum of Motion Pictures is being developed in Los Angeles, US by architects Renzo Piano and Zoltan Pali.

The Museum, which is slated to debut in 2017, will span 300,000 sq ft (27,870sq m).

Located in the 1939 May Company Building on the campus of the Los Angeles County Museum of Art (LACMA), the museum will feature six levels of exhibition and programming spaces.

The museum design includes: more than 30,000 sq ft (2,787 sq m) of flexible exhibition galleries and a 15,000 sq ft (1,394sq m) landscaped public piazza that will serve as a gathering space for visitors and connect the museum with the LACMA campus.

Interactive family-friendly moviemaking labs, guided discussions and structured seminars on media literacy and industry-wide topics will be on offer to guests.

The museum will also feature screenings of works by established and emerging filmmakers and presentations by artists, craftspeople and technologists illustrating the creative collaborations behind the movies.

To date, the museum's capital campaign has raised more than half of its goal of US$300 million for building construction and exhibition development. The campaign is chaired by Bob Iger and co-chaired by Annette Bening and Tom Hanks.