Renderings unveiled for World Trade Center Performing Arts Center show a glowing, lantern-like cube

After <a href="http://inhabitat.com/frank-gehry-designed-wtc-performing-arts-center-is-woefully-underfunded-and-in-danger-of-being-scrapped/">years of delays</a>, it looks like the $243 million <a href="http://inhabitat.com/nyc/rex-tapped-to-design-the-world-trade-center-performing-arts-building/">World Trade Center Performing Arts Center</a> might finally come to fruition thanks to a $75 million donation from billionaire Ronald O. Perelman. Renderings of the building, which will be the final piece of the WTC master plan, show a glowing, 90,000-square-foot veined marble cube designed by <a href="http://www.rex-ny.com/">REX Architects</a>. According to officials at the project's presentation, the <a href="http://www.theperelman.org/">Perelman Arts Center </a>will serve as a commemoration of the Sept. 11 tragedy as well as a reflection of NYC's vitality.

Designed by REX, the building will be made out of translucent, veined marble and glass, which will give it dull sheen during the day.

At night, the three-story cube will illuminate like a paper lantern.

The center will act as a transforming into a beacon of sorts for the NYC arts community.

The center will host a variety of shows and events year-round, including the annual Tribeca Film Festival.

Maggie Boepple, president and director of the center, explained that the project will serve as a “birthplace” for new shows.

The building will offer community-based amenities like a cafe and yoga classes.

The building's three auditoriums will be well-equipped to accommodate small to large events thanks to the space's optimal flexibility.

According to the architect, Joshua Prince-Ramus, the rooms and halls will all feature moveable walls that will create up to 11 configurations.

The largest configuration will allow for a capacity of up to 1,200.