The Kelly Street building, incorporating the McLean Museum & Art Gallery, Watt Library and Watt Hall, is in the running for a prestigious honour from The Royal Incorporation of Architects in Scotland (RIAS).
It is one of 18 buildings from across the country in the running for an award having been selected from 80 entries.
Councillor Jim Clocherty, Inverclyde Council's Convener of Education & Communities, said: "To be shortlisted for such a prestigious honour from The Royal Incorporation of Architects in Scotland is testament to the hard work of everyone involved, from our designers at Collective Architecture to council staff across a variety of departments.
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"The council has invested a lot of time and money in not only preserving but greatly improving the Watt Institution to ensure future generations can continue to learn about the area's rich history.
"The Watt Institution is a great opportunity to discover Inverclyde's history and heritage and just a fortnight ago we welcomed visitors from Norway, who were impressed with the building and displays during a tour."
The Greenock arts facility was rebranded the Watt Institution – its original and legal name, which has been brought back into everyday use – to coincide with the bicentenary of the death of James Watt in 2019 following a £2.1m refurbishment of the interior and exterior by Inverclyde Council.
The museum reopened in October last year following completion of the renovation.
Inverclyde Council funded the majority of the work with Historic Environment Scotland contributing £300,000.
Judging for the RIAS Awards 2020 will take place at the end of March.
Winners will be announced at a ceremony in Edinburgh on 28 May.
(MH/CM)
