LOS ANGELES (AP) — Billionaire Eli Broad’s planned downtown contemporary art museum, which will showcase his 2,000-piece collection that includes works by Salvador Dali and Joan Miro, is a three-story, $130 million honeycomb structure that will be known simply as Broad.

The developer-turned-philanthropist unveils the architectural design and discusses plans for the Grand Avenue museum during a late morning Thursday news conference at the nearby Walt Disney Concert Hall. A committee of state and local officials voted earlier to let him lease county-owned land.

Broad says he hopes the museum — formally called The Broad Art Foundation — will help realize his vision of downtown L.A. as a bustling urban hive of culture and street life. It will have 35,000 square feet of gallery space.

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Comments (3)
  1. Joe says:

    Just what we need, more graffiti space for the homies.

  2. ceron christie says:

    I am a NY transplant…. and I live in downtown, LA. I love the arts and a frequent vistor to the MOCA and the theatre district…I love the vision Mr. Broad has for Downtown is fantastic…

    If you truly love building design..check out the bones of the renovated lofts…

    groovy… from loft dweller

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