Daneet Steffens
May 12, 2000 AT 04:00 AM EDT

London’s newest palace, the Tate Gallery of Modern Art, as much of a must-see as the ABBA musical playing in the West End.

BRIT POWER By converting the dingy brick-and-steel Bankside Power Station, which has been out of commission for years, the Tate’s hip new exhibit hall becomes the latest example of swanky art in an industrial-strength setting.

ON DISPLAY Works by 20th-century giants such as Picasso, Matisse, Dalí, Moore, Rodin, and Warhol, as well as the Tate’s 21st-century collection, including the art of bad boy du jour Damien Hirst.

MAKING THE SCENE Invitees to the May 11 opening bash include new-mom-in-town Madonna, Elton John, Hugh Grant, Jerry Hall, and Björk.

HEY, QUEENIE, WE CAN SEE YOUR HOUSE FROM HERE A top-floor restaurant has ceiling-to-floor windows for breathtaking city views.

FUN FACT Because the plant’s original architect also designed the Battersea Power Station, Pink Floyd fans will detect a passing resemblance between the new museum and the cover of Animals.

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