The Design Museum could move out of Southwark and relocate to the former Commonwealth Institute building in Holland Park.
It emerged this week that the Design Museum is in talks with developer Chelsfield Partners about a possible relocation to the listed 1960s building in Holland Park.
A museum spokesman confirmed to the the Architects' Journal that a move to the Commonwealth Institute was a real possibility, but insisted that talks are at "very early stages"
The Design Museum, which opened in a former banana warehouse at Butler's Wharf in 1989, has long complained that its premises are too small.
The museum has previously considered moves to a site alongside Tate Modern at Bankside and to the Potters Fields coach park site next to Tower Bridge.