The Bank is setting up a 15-storied building in the heart of the ancient port city of Kozhikode to house the Museum. Around 25,000 square feet has been allotted for the Museum. The building will be completed in 24 months. The ULCC, the cooperative giant in the field of construction, has been awarded the contract of construction. The work has already been started and progressing well. The Bank Chairman, Sri N K Abudrahiman is personally reviewing the progress on a day-to-day basis.