Lincoln Center for the Performing Arts and the New York Philharmonic have announced the acceleration of the comprehensive renovation of David Geffen Hall.

The new building, which is designed by Diamond Schmitt Architects and Tod Williams Billie Tsien Architects, is set to open in Fall 2022, nearly two years earlier than previously announced.

In a statement Katherine Farley, Chair of Lincoln Center for the Performing Arts, said, “The goal of accelerating this project is to invest in New York City at a time when we all have a part to play in its recovery. I want to pay tribute to the many people who have supported bringing this effort forward. In doing so, we are creating not just one of the world’s best cultural venues, but a space that welcomes our broader community.”

Additionally, Peter W. May, Board Co-Chairman of the New York Philharmonic, said, “Supporting the arts takes on a new, deeper meaning at this moment in history. It has been a long road to securing an advanced, cutting-edge home for the New York Philharmonic; New York’s hometown orchestra deserves the best. With its new design incorporating true warmth and beauty, this Hall will serve generations to come.”

According to a press release, the project will boost economic recovery by creating jobs and opportunities and will generate more than $600 million in project-related economic activity through construction and into Fall 2022. There will also be a minimum of 30 percent construction participation by Minority- and Women-Owned Business Enterprises and 40 percent of the workforce will include underrepresented communities.

The renovation project was first announced at the end of 2019 and was scheduled to be finished 2024. The New York Philharmonic is set to announce its 2021-22 season in June and it is scheduled to perform in several New York City locations.