yesterday -- opening up new opportunities for local artists.

The Masterworks Foundation's new Terrace Gallery was declared open following a $100,000 fund raising campaign to refit and equip the Dockyard building.

It will feature artists in residence, an open studio, educational opportunities, workshops and children's summer camps. Eventually it will also have a photographer's dark room.

Tom Butterfield, who runs Masterworks, said: "It will be our signature gallery as we will have more control over what we do. We can paint the walls what colour we want, if we want.'' Masterworks has secured the building on a long lease and the project, added Mr. Butterfield, "further enhances Masterworks' commitment to the community''.

He added: "In years to come, no doubt, the next Homer or O'Keeffe will be found and it therefore becomes a good advertising tool for the Island.'' ART WORKS -- Pictured, from left to right, are Alison Anson, co-ordinator for the Dockyard project, PLP leader Jennifer Smith, art student Jason Iris, Doug Kline, vice-president of Oil Insurance, Dudley Butterfield, a supporter of the project, Lady Waddington, a Masterworks Foundation trustee, Yvette Swan, Minister for Community and Cultural Affairs, trustees Lady Swan and Faith Humann, Chesley Trott, a Dockyard artist, and trustee Ingrid Lehner.