Its paint may be chipping off, but the famous London Tower Bridge is not falling down - it's merely getting an $8 million facelift. The British landmark, made famous by the nursery rhyme, "London Bridge Is Falling Down," will be stripped of its old paint and repainted in its traditional blue and white.

The facelift will take over four years, according to the plan. Work on the landmark bridge will begin in June and will be completed in the winter of 2010. However, the bridge will remain open to traffic during the renovation.

The City Bridge Trust charity will fund the work on the landmark that was opened in 1894 by future King Edward VII and has become one of England's most recognizable sites.

The bridge spans the River Thames, between London and Southwark.