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New art museum to break ground in Los Angeles

on Thursday,January 06,2011 20:01

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Travelers have been known to flock to regions with unique architecture. One philanthropist hopes to create a structure to educate visitors to California on the arts.

Recently, Eli Broad announced that the design plan for a new museum in downtown Los Angeles has been finalized. The billionaire will allegedly spend close to $130 million to construct the building, titled Broad, according to the Los Angeles Times. He hopes that exhibiting his art collection of landmark pieces will eventually boost the cultural appeal of the city.

"This is 40 years in the making," Broad told the news source. "I'm impatient. I'm not getting any younger. We don't want this to be a memorial building."

The 77-year-old billionaire plans to have more than 200 pieces on display, including works completed by Jasper Johns, Robert Rauschenberg, Roy Lichtenstein and Andy Warhol. The building, which will be an estimated 33,000 square-feet, is schedule to open in 2013. Broad will rotate his collection, creating a theme for each new exhibit.

The building may not only help draw more art enthusiasts to the city, but inspire other individuals to pursue a career in design. Employment in architecture is projected to increase by 16 percent over the next seven years, according to the Bureau of Labor Statistics.  

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