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Downtown's Grand Avenue now a candidate for Eli Broad's art museum

http://1.bp.blogspot.com/_Xro9Xa-XVhQ/RnAZnZYho_I/AAAAAAAACFE/yejMfD1fNJM/s400/ghery1.jpg

The stalled Grand Avenue project in downtown Los Angeles is now in the running to be the home of philanthropist Eli Broad's new art museum.

Los Angeles County and city officials authorized negotiations that could bring Broad’s proposed museum to the site on Bunker Hill. Both Santa Monica and Beverly Hills are already being considered as locations for the museum.

 “We have a team of negotiators and they were instructed to proceed with discussions with the Broad Foundation to consider his proposal and reach a mutual agreement,” said L.A. City Councilwoman Jan Perry, who is on the board of the Grand Avenue Authority. The authority is a joint city-county agency that is overseeing the private-public development.

The Grand Avenue project is considered the centerpiece of downtown's revitalization. Designed by Frank Gehry, the project includes two towers, condos, hotel rooms and a shopping center.

The project stalled last year after its developer was unable to secure a construction loan for the multibillion-dollar project amidst the credit crunch.

Getting Broad's 2,000-piece contemporary art collection would be a coup for Grand Avenue.

Broad Foundation spokeswoman Karen Denne said “we are considering multiple locations and look forward to making a decision this spring.”

Broad, who has long been a proponent of the mega-project on Grand Avenue and creating a Champs-Elysees for downtown L.A., was until recently a member of the committee overseeing the project on behalf of the joint powers authority. Officials said today that Broad had resigned from the committee in November in order to avoid any potential conflicts of interest as the negotiations move forward.

-- Ari B. Bloomekatz and Cara DiMassa

Photo credit: Grand Avenue Authority

 
Comments () | Archives (3)

Doesn't he already have two other museums - MOCA mall and LACMA - with those waste-of-space Broad sideshow 'sculptures' by what's-his-face - the guy who loves to make dead-zones with banal steel walls?

El Broad will get it his way, since he is one of the Bosses to the Mayor Antonio, Jan Perry, and the rest of the city council.

Is Jan Perry still voting on projects on the Grand Avenue Project when she owns a condominium just a few hundred feet away from the property? Why is the City Attorney's office refusing to release for public review the memo that Perry claims analyzes why it's legal for her to vote while owning a property that will DEFINITELY go up in value if Broad's museum is located there?

The City Council is an ethical cesspool.


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