Billionaire Broad chooses downtown LA site for art museum

Full story: LA Daily News 14
Billionaire Eli Broad has chosen to build a museum for his contemporary art collection in downtown Los Angeles. Full Story
Ed the Honest

Anaheim, CA

#1 Aug 23, 2010
I hope it is free admission. Nice use of one's money. This gentleman could also build a museum in santa monica for local southern california artists.
Well done, Mr. Broad.
sid

Los Angeles, CA

#2 Aug 23, 2010
cool. if they wanna pay for this then i have no problem. sounds like a winner to me
LA resident

Monterey Park, CA

#3 Aug 23, 2010
That's awesome! Thank you Mr. Broad.
ShermanOaksResid ent

North Hollywood, CA

#4 Aug 23, 2010
I support it ...L.A. can never have enough art...I think this is great. I agree Santa Monica would've been a nice spot, but downtown works as well ..afterall, MOCA is there and it seems to do pretty good.
normanmoore

United States

#5 Aug 23, 2010
I hope it will all be appreciated by the homeless as they are peeing (or worse)on the sidewalks in front of it. Nothing can be done to revitalize downtown Los Angeles and besides the homeless bums we have the ones that the voters elected hanging out there too.
CrimsonKing

Los Angeles, CA

#6 Aug 23, 2010
For a city that has no real distinct culture, I guess it needs all the art it can get!LOL!
TeaEarlGreyHot

Los Angeles, CA

#7 Aug 23, 2010
How nice that billionaire Eli gets to rent 2.5 acres for less than 90 cents a foot for 99 years. What is the true rental value of downtown land? I'll bet you can't rent any business space for less than 25 bucks a foot downtown.
Guest

La Puente, CA

#8 Aug 23, 2010
pathetic. this is what the rich do to buy immortality. they attempt to "institute" themselves. what great artists achieve through their god-gifted talent, as well as national leaders, the rich hope to pull off by buying and building. what desperate vanity. broad has always been about greed and amassment. he, like all rich people, won't be remembered by history in the long run. greatness, NOT GREED, is what's always remembered.
Richard

Los Angeles, CA

#9 Aug 23, 2010
And will they be selling anything at this "museum"?
Yes, its nice there is a museum, but if any other economic activity
occurs on that site you will know that they county f'd up yet again.
I would have been more impressed if the guy had built his museum
somewhere on land that he had purchased without this giveaway
happening.

Did anyone on these panels or the people who appoint them get
campaign contributions or the like?

Does it have to stay a "museum"? What is being used as a definition
of museum here? Does the collection have to fundamentally stay the
same, or can he set aside a corner somewhere with a tin can on display
while using the rest of space for other purposes.

Yes, this sounds a bit cynical, but given the history of the politicians we have,
its warrented.
Waddell

Los Angeles, CA

#10 Aug 23, 2010
Isn't this the billionaire that the City was going to rent the land to for the hefty price of $1 or some such obscene deal? Whatever became of that. It isn't mentioned here which makes me very very suspect.
Waddell

Los Angeles, CA

#11 Aug 23, 2010
TeaEarlGreyHot wrote:
How nice that billionaire Eli gets to rent 2.5 acres for less than 90 cents a foot for 99 years. What is the true rental value of downtown land? I'll bet you can't rent any business space for less than 25 bucks a foot downtown.
He's getting "our" land for a steal. What about that? He can keep his art. What are we the taxpayer losing in revenue by this HUGE GIVEAWAY and who made this ultimate decision? Let me guess. Mayor Give-It-Away or Take-All-I-Can-Get.
Waddell

Los Angeles, CA

#12 Aug 23, 2010
LA resident wrote:
That's awesome! Thank you Mr. Broad.
Why are you thanking him? He's getting prime real estate for a steal. Read through these comments. This has been ongoing horse-trading for months and months. Wonder what the politicians got in return. Let the taxpayers eat cake.
lnc

West Hollywood, CA

#13 Aug 23, 2010
Exibit one at Broad's museum will be his jacket with City Council puppets peeking from pockets.
taxpayer in la

Los Angeles, CA

#14 Aug 23, 2010
Personally,I think he should build it in cleveland.

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