The ss Great Britain Trust has been awarded nearly £5 million by the Heritage Lottery Fund (HLF) for funding towards a new museum.
Being Brunel: the national Brunel project, is set to open in easter 2017 and will be located on Bristol's waterfront.
The new museum will feature galleries and interactive experiences set in reconstructed buildings that will reflect the 'original Victorian waterfront panorama'.
Brunel's Drawing Office, a Grade II listed building, will be restored to become part of the new museum.
With HLF Funding, the £7.1 million project is now 90% funded, with an additional £670,000 needed to complete the project.
Brunel's ss Great Britain remaining open for the duration of the build.
Matthew Tanner MBE, Chief Executive of the ss Great Britain Trust said: "I am delighted that the Heritage Lottery Fund has given its support to Being Brunel: the national project."
(LM)
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