(CNN) -- From derelict car factory to thriving cultural hub: That's the trajectory a tiny island on the River Seine in Paris is set to be transformed into a haven for contemporary art.
Positioned in a part of the Seine on outskirts of West Paris, the Ile Seguin was home to a Renault car factory for almost 60 years.
Now, close to 20 years after the site was abandoned, French Pritzker Prize-winning architect Jean Nouvel has revealed the latest designs for the island, which is hoped will become a new center for contemporary culture.
Nouvel has worked closely with landscape gardener Michel Desvigne and lighting designer Yann Kersale on the designs, which include a plethora of venues and facilities, including music halls, studios, galleries and exhibitions spaces.
A grand indoor garden, enclosed by glass, has also been designed by Desvigne, with plans for the space to become a hub of media and entertainment companies.
Work is set to start in 2012, for which the costs have not currently been disclosed, and it is hoped the cultural center will open in 2017.