The Academy of Motion Pictures Arts and Sciences is finally giving Los Angeles a premier movie museum celebrating the history of film production and the art of filmmaking. Surprisingly, it’s the first of its kind in the star-studded city. The organization recently released new eye-catching renderings of the upcoming museum in Miracle Mile and they’re pretty darn impressive.

Renderings depict two structures connected by a trio of glass walkways. The first structure is a rectangular building, which will serve as the future film museum’s main lobby. However, the second 130-foot structure, which will hold a classic Hollywood-style theater and observation deck, is slightly more extravagant. The bottom half of the structure is supported by thick concrete panels, which allow patrons to enter and roam around while creating an illusion of a floating building. The transparent top half of the museum (called the Dolby Terrace) is covered in glass, which offers expansive views of Hollywood Hills.

According to Curbed, the film academy has already received three-quarters of its $388 million fundraising goal, thanks to entertainment moguls and philanthropists Cheryl and Haim Saban. In honor of their generous $50 million donation, the film academy will name the future museum the Saban Building.

Construction on the anticipated movie museum has already started. If there are no more delays, the Saban Building will open in 2019.