The opening ceremony of the 2012 Olympics in London showcased some of Britain’s greatest creative talent, with one of its defining moments being the Olympic Cauldron by Thomas Heatherwick.

The Museum of London (MOL) is set to open a new gallery to house the monumental piece of sculpture that captured the minds of millions of people all over the world when it folded into a flaming tower that burned throughout the 2012 Olympic and Paralympic Games.

The new gallery will house two sections of Heatherwick Studio’s masterpiece, placing them on permanent display, as well as an accompanying exhibition detailing the design process and the work that took place. The exhibition will feature technical drawings, behind-the-scenes films, plus objects from the production stage including wooden moulding blocks.

Speaking to Architects’ Journal, Thomas Heatherwick said: "It’s a huge honour for Heatherwick Studio that the Museum of London have decided to collect and archive the original mechanism of the cauldron and that a new gallery has been built specifically to exhibit and share it with Londoners and the world… The exhibition will give the public the chance to revisit a moment at the heart of London’s most successful sporting event."

Stage One – the firm enlisted for the construction of the Cauldron, as well as this year's Serpentine Pavilion – has been asked to build the gallery in the style of a pavilion in the Museum’s courtyard. The exhibition is set to open on 25 July, with a fundraising effort currently underway to help cover the costs.