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Art collector and philanthropist Eli Broad is planning to build a museum on the West Coast for his 2,000-piece collection of contemporary art. According to the LA Times, the cities vying to be its home are Beverly Hills, Santa Monica and a third site that Broad has declined to name.
Broad said he hopes to accelerate the process of building the headquarters for his Broad Art Foundation by talking to several cities. “We don’t know which of these sites are going to work out. None of them are without complications,” Broad commented on Saturday night as he prepared to preside as co-chair over the 30th anniversary gala for the Museum of Contemporary Art.
Broad Art Foundation would join other already established major contemporary art venues on the West Coast: MoCA — to which Broad pledged $30m — with 75,000 square feet of exhibition space in its two downtown venues; and the Los Angeles County Museum of Art, which includes the 50,000-square-foot Broad Contemporary Art Museum, which opened in early 2008. Broad paid its entire $56-million cost.
However, as has been widely reported, Broad decided not to donate his collection to LACMA: 1,500 works have remained under the administration of his foundation, and more than 400 others, that are regularly sent to museums around the world, are in the separate personal collection he continues to build, buying 25 to 100 new pieces a year.
A year ago, Joanne Heyler, director of the Broad Art Foundation, said the museum would have hosted 25,000 square feet of exhibition space, plus space for the foundation offices and a storage and research area for all the works not on display. (FlashArt)
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