Where Will Eli Broad's Museum Land?
Broad's museum could end up as part of the ambitious, Frank Gehry-designed Grand Avenue project. Broad has long been a supporter of the development which would revitalize the heart of downtown's arts district with hotels, condos and retail space. Until recently Broad was a member of the committee overseeing the project on behalf of the Grand Avenue Authority but he resigned a few months ago, clearing the way for his transition into being a possible part of the project. The Grand Avenue Authority has said they will be considering a proposal from the Broad Foundation. As the LA Times points out, the project has stalled out in the face of the economic decline when the developer was unable to get a multibillion-dollar construction loan. If Broad chooses to put his museum here it will be in good company, Disney Hall, the Museum of Contemporary Art and other cultural venues are located nearby. Broad, who is 76, is likely mindful of the story of another famous art collector, the late Donald Fisher who recently died without having secured plans for his museum. Broad isn't going anywhere but this museum is his legacy to the city of Los Angeles and I'm sure he is eager that it find a good home soon.