Eli Broad Announces Plan for New Museum in Downtown L.A.

Billionaire art-collector Eli Broad unveiled plans last Thursday for the porous-concrete-shelled structure that will house his 2,000-piece art collection and provide an anticipated catalyst for downtown's halting renaissance.

The Broad Art Foundation features a three-story layout designed by New York-based firm Diller Scofidio + Renfro, and consists of a spongelike mantle that lets light into the 40,000-square feet of gallery space, which itself sits atop a vast storage vault.

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Diller Scofidio + Renfro Picked to Design Broad's Downtown Museum

Eli Broad has picked New York-based firm Diller Scofidio + Renfro to design his new art museum for downtown, the philanthropist announced at a Grand Avenue Authority Committee hearing today. Diller Scofidio + Renfro was recently selected to build the Berkeley Art Museum/Pacific Film Archive's (BAM/PFA) new building, and was one of behind New York’s High Line. The firm also worked on the Alice Tully Hall at Lincoln Center and the Institute of Contemporary Art in Boston. The Committee approved plans for Broad's museum, and he announced his plans to put the project on the downtown site minutes after their vote. Gensler will serve as executive architect.

Under the deal, Broad will finance construction of the $80-million to $100-million museum and contribute $200 million toward its operation. He would pay $7.7 million over the course of the 99-year-lease.

His 2,000-piece collection includes works by Jean-Michel Basquiat, Salvador Dali and Joan Miro.

[via CurbedLA]