Eyebeam, a not-for-profit organization that provides access, education, and support for artists, students, and the general public in the field of art and technology, awarded Diller + Scofidio the architectural design of its new Manhattan home at 540 West 21st St. In Chelsea, the structure will be a 90,000-square-foot, 6-story building and will be the city's first institution dedicated exclusively to new media art. It will be the largest institution of its kind in the United States, housing an exhibition space, artist-in-residence studios, an education center with multi-media classrooms, a state-of-the art new media theater, a digital archive, a restaurant, and a bookstore. Construction is scheduled to start in 2004 and be completed by 2006. The building construction costs are estimated at more than $60 million. Diller + Scofidio was chosen from more than 30 firms who had entered the yearlong 3-phase competition. Eyebeam currently has an exhibition and education facilities at 540 W. 21st and it will be relocated during construction to Eyebeam's administrative space at 45 Main St. in Brooklyn.