Anish-Kapoors-Olympic-tow-001Two years, $29 million dollars and 1,400 tons of steel – that’s what it will take to get a gigantic “oil rig twisting on itself,” UK’s largest public artwork, to stand bombastically in the 2012 Olympics park in London.

Wealthy artist Amish Kapoor, commissioned for the travesty, wants it bigger than Big Ben and Lady Liberty and rivaling the Eiffel Tower.

Antony Gormley was considered for the project, but ultimately rejected in favor of Kapoor’s “sculpture,” denying the world of tons of rigid Gormley penis.

Mayor Boris Johnson brags:

There will be people who will say we are nuts, in the depths of a recession, to be building Britain’s biggest ever piece of public art.

Yup. |Bloomberg|